SeeBITDAOklahoma

HealthMarkets Insurance - The Kang Agency

  • 414 Piedmont Rd N Suite B #176, Piedmont, OK
  • NAICS 5242
Estimated valueLow confidence
$1.1M
$415Klikely range$1.7M
About 3.6× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$815K
a year
EBITDA
$314K
38% of revenue
Employees
—
not reported
Leadership
Sung Kang
Licensed Insurance Agent · source

How we got $1.1M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical insurance agencies business in Oklahoma$815K
Revenue$815K
× 38% EBITDA margin$314K
× 3.6 sale multiple = value$1.1M

Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
HealthMarkets Insurance - The Kang Agency
this business
$815K$314K—
EARNIE CORNELIUS INSURANCE AGENCY INC.
Piedmont · 13 employees
$3.8M$1.0M0.1 mi
Chad Endres - Thrive Insurance
Piedmont
$815K$314K0.1 mi
Bronson Schubert
Piedmont
$815K$314K0.2 mi
State Farm
Piedmont
$815K$314K0.2 mi
Farmers Insurance - Caleb Davis
Piedmont
$815K$314K0.5 mi
ECI Insurance
Piedmont
$1.6M$535K0.5 mi

Ranges & sources

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 (38%). Treat these as a rough guide.

Revenue range$374K – $1.0M
EBITDA range$144K – $392K
Industry (NAICS)Agencies, brokerages, and other insurance related activities (5242)
Value range$415K – $1.7M

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

About HealthMarkets Insurance - The Kang Agency

HealthMarkets Insurance - The Kang Agency is an insurance agencies company in Piedmont, Oklahoma. It is owned by Sung Kang (Licensed Insurance Agent). Its estimated annual revenue is about $815K, with roughly $314K of EBITDA. Its estimated business value is $1.1M (likely range $415K–$1.7M).

Common questions

Who owns HealthMarkets Insurance - The Kang Agency?
HealthMarkets Insurance - The Kang Agency is owned by Sung Kang (Licensed Insurance Agent), according to public sources such as the company's website or filings.
How much revenue does HealthMarkets Insurance - The Kang Agency make?
SeeBITDA estimates HealthMarkets Insurance - The Kang Agency's annual revenue at about $815K (likely between $374K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is HealthMarkets Insurance - The Kang Agency worth?
About $1.1M, roughly 3.6× its estimated EBITDA of $314K, typical for a insurance agencies company its size. Likely range: $415K–$1.7M.