Loftis & Wetzel Insurance
How we got $1.6M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Loftis & Wetzel Insurance is an independent insurance agency offering personal, business, and employee benefits insurance and risk management solutions to individuals, families, farms, and businesses in Oklahoma.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- WINTER LIVESTOCK, INC · Enid, 64 mi · $42.4M
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 7 mi · $21.2M
- LAZY J ARENA, LLC · Stillwater, 42 mi · $20.8M
- EXPRESS RANCHES INC · Yukon, 14 mi · $12.7M
- LANCE RHODES · Fairview, 79 mi · $7.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Loftis & Wetzel Insurance this business | $1.5M | — |
| Employee Benefit Professionals Oklahoma City | $493K | 0.0 mi |
| Messer-Bowers Insurance Oklahoma City | $985K | 0.0 mi |
| Farmers Insurance - Stephen Morrow Oklahoma City | $493K | 0.1 mi |
| MATTHEW MORROW INSURANCE AGENCY LLC Oklahoma City · 2 employees | $302K | 0.1 mi |
| Farmers Insurance - Jeff Scott Oklahoma City | $493K | 0.1 mi |
| The Beckman Company Oklahoma City | $493K | 0.1 mi |
The full calculation
| Estimated value = EBITDA × typical sale multiple | $1.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $727K – $3.0M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agencies, brokerages, and other insurance related activities businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (30%). Treat these as a rough guide.
| Revenue range | $850K – $2.3M |
| EBITDA range | $252K – $685K |
| Industry (NAICS) | Agencies, brokerages, and other insurance related activities (5242) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“For more than 85 years, Loftis & Wetzel Insurance has offered insurance and risk management solutions to protect the assets of individuals, families, farms, and businesses.”
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.
3 locations
| 6701 Broadway Ext Ste 303 | Oklahoma City | This listing |
| 410 E Grand Ave | Ponca City | View |
| 139 S Main St | Stillwater | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Loftis & Wetzel Insurance
Loftis & Wetzel Insurance is an insurance agencies company in Oklahoma City, Oklahoma, in business since 2002. Its estimated annual revenue is about $1.5M, with roughly $439K of EBITDA. Its estimated business value is $1.6M (likely range $727K–$3.0M). It has 3 locations.
Common questions
- Who owns Loftis & Wetzel Insurance?
- The owner of Loftis & Wetzel Insurance 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 Loftis & Wetzel Insurance make?
- SeeBITDA estimates Loftis & Wetzel Insurance's annual revenue at about $1.5M (likely between $850K and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Loftis & Wetzel Insurance worth?
- About $1.6M, roughly 3.6× its estimated EBITDA of $439K, typical for a insurance agencies company its size. Likely range: $727K–$3.0M.
- When was Loftis & Wetzel Insurance founded?
- Loftis & Wetzel Insurance has been in business since 2002.