Wesco Insurance Services LLC
How we got $2.5M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 67 years (since 1959)
From public records and the company's website, not a statement that it's for sale.
What they do
Wesco Insurance Agency is an independent insurance agency in Yukon, Oklahoma offering auto, business and home insurance. It says it works with dozens of insurance companies to find coverage and price for its clients.
From the company's website. Industry: Insurance agencies.
Estimated value over time
▲ 30% since 2020Today'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
| Business | Est. revenue | Distance |
|---|---|---|
| WESCO INSURANCE SERVICES LLC this business | $1.9M | — |
| WIEDEMANN INSURANCE AGENCY, INC. Yukon · 6 employees | $1.5M | 0.1 mi |
| John W Mercer Ins Agcy Inc Yukon | $806K | 0.4 mi |
| JOHN W. MERCER INSURANCE AGENCY, INC. Yukon · 5 employees | $1.2M | 0.4 mi |
| The Dawson Agency Yukon | $806K | 0.7 mi |
| Austin Kyle Osby - 200 S Ranchwood Blvd Yukon | $806K | 0.7 mi |
| Chris Swezey: Allstate Insurance Yukon | $806K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $562K |
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 | $2.5M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.3M – $3.5M |
| Revenue range | $1.2M – $2.2M |
| EBITDA range | $370K – $641K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
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
- BankingYnbPPP / 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
| YNB PPP 2020 | All 150 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $85K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wesco Insurance Services LLC
Wesco Insurance Services LLC is an insurance agencies company in Yukon, Oklahoma, in business since 1959. Its estimated annual revenue is about $1.9M, with roughly $562K of EBITDA. It has about 8 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.5M).
Common questions
- Who owns Wesco Insurance Services LLC?
- The owner of Wesco Insurance Services LLC 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 Wesco Insurance Services LLC make?
- SeeBITDA estimates Wesco Insurance Services LLC's annual revenue at about $1.9M (likely between $1.2M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wesco Insurance Services LLC worth?
- About $2.5M, roughly 4.5× its estimated EBITDA of $562K, typical for a insurance agencies company its size. Likely range: $1.3M–$3.5M.
- How many employees does Wesco Insurance Services LLC have?
- About 8, as reported on its PPP loan.
- When was Wesco Insurance Services LLC founded?
- Wesco Insurance Services LLC has been in business since 1959.