SeeBITDAOklahoma

Wendy Barnes Insurance Agency, Inc

  • 10900 60TH ST, Lexington, OK
Estimated valueLow confidence
$915K
$482Klikely range$1.3M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$661K
a year
Profit (EBITDA)
$254K
38% of revenue
Employees
4
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $915K

Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.

4 employees × $207K each$830K
PPP payroll ÷ payroll's usual share of revenue$405K
Shown toward the top of its range×1.14
Revenue$661K
× 38% profit margin$254K
× 3.6 sale multiple = value$915K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 30% since 2020
$0$526K$1.1M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
WENDY BARNES INSURANCE AGENCY, INC
this business
$661K$254K—
GLYNDA FRY STEWART
Lexington · 1 employees
$375K$144K2.2 mi
Farmers Insurance-Josh Autrey Agency
Purcell
$806K$310K4.2 mi
Brandon Fisher: Allstate Insurance
Noble
$1.6M$528K4.3 mi
Wendy Gail Barnes - 303 N Main St
Noble
$806K$310K4.5 mi
Wendy Barnes Farmers Insurance Agent
Noble
$806K$310K4.5 mi
Shephard Insurance Agency
Purcell
$806K$310K4.8 mi

The full calculation

Employees reported to the SBA4
Revenue from headcount (employees × revenue per employee for companies this size)$830K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$405K
Estimate: the two combined (geometric mean)$661K
EBITDA margin (industry, adjusted for size)38%
EBITDA = revenue × margin$254K

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$915K
Multiple for this size and industry3.6×
Value range$482K – $1.3M
Revenue range$435K – $754K
EBITDA range$167K – $290K
Industry (NAICS)Insurance Agencies and Brokerages (524210)

Low confidence: the employee-based and payroll-based estimates differ by more than 2×.

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Advisors

  • BankingFirst United Bank and Trust CompanyPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

First United Bank and Trust Company
PPP 2020
All 2,229 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$14K$14K4First United Bank and Trust Company

About Wendy Barnes Insurance Agency, Inc

Wendy Barnes Insurance Agency, Inc is an insurance agencies company in Lexington, Oklahoma. Its estimated annual revenue is about $661K, with roughly $254K of EBITDA. It has about 4 employees. Its estimated business value is $915K (likely range $482K–$1.3M).

Common questions

Who owns Wendy Barnes Insurance Agency, Inc?
The owner of Wendy Barnes Insurance Agency, Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Wendy Barnes Insurance Agency, Inc make?
SeeBITDA estimates Wendy Barnes Insurance Agency, Inc's annual revenue at about $661K (likely between $435K and $754K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Wendy Barnes Insurance Agency, Inc worth?
About $915K, roughly 3.6× its estimated EBITDA of $254K, typical for a insurance agencies company its size. Likely range: $482K–$1.3M.
How many employees does Wendy Barnes Insurance Agency, Inc have?
About 4, as reported on its PPP loan.