Abco Party Rentals, LLC
How we got $11.4M
Based on its 32 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 51 years (since 1975)
From public records and the company's website, not a statement that it's for sale.
What they do
ABCO Party Rentals is a party and event rental company in Tulsa, Oklahoma, offering rental items and design and coordination services for weddings, galas, fundraisers, corporate events and more.
From the company's website. Industry: All Other Consumer Goods Rental.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- CEDAR VILLA LLC · Jenks, 8 mi · $3.1M
- MIDLETONS SOUTH, INC · Tulsa, 9 mi · $2.2M
- TURBO NITRO INC · Tulsa, 2 mi · $2.0M
- PJ'S OWASSO LLC · Broken Arrow, 9 mi · $1.9M
- PJ'S PUB & GRILL LLC · Broken Arrow, 8 mi · $1.9M
Estimated value over time
▼ 4% 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 |
|---|---|---|
| ABCO PARTY RENTALS, LLC this business | $6.2M | — |
| TULSA BIKE SHARE INC Tulsa · 5 employees | $258K | 0.6 mi |
| SUMMIT STRENGTH INC Tulsa · 3 employees | $622K | 0.9 mi |
| PROCARE COMMUNITY RESIDENTIAL SERVICES, INC. Tulsa · 19 employees | $5.9M | 4.0 mi |
| STANLEYS RENT TO OWN Tulsa · 38 employees | $10.6M | 6.8 mi |
| FUZED ENTERPRISES LLC Tulsa · 1 employees | $163K | 7.0 mi |
| BAKER'S GOLF CLUB REPAIR, INC. Tulsa · 8 employees | $1.6M | 7.3 mi |
The full calculation
| Employees reported to the SBA | 32 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.5M |
| Estimate: the two combined (geometric mean) | $6.2M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $2.1M |
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 | $11.4M |
| Multiple for this size and industry | 5.5× |
| Value range | $6.0M – $15.6M |
| Revenue range | $4.1M – $7.1M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | All Other Consumer Goods Rental (532289) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“ABCO Party Rentals is proud to be the Original Event Pros, providing full-service party and event rental equipment to Tulsa since 1975, offering an expansive inventory collection — including specialty linens, fine china, flatware, tables, chairs, catering equipment, bars, lounge furniture, extensive tenting options and everything in between — we provide a one-stop-shop for your event needs.”
Advisors
- BankingCowboy Bank, Blue Sky BankPPP / 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
| Blue Sky Bank PPP 2021 | All 430 borrowers → |
| Cowboy Bank PPP 2020 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $186K | 32 |
| 1/19/2021 | second | $279K | 27 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Abco Party Rentals, LLC
Abco Party Rentals, LLC is an all other consumer goods rental company in Tulsa, Oklahoma, in business since 1975. Its estimated annual revenue is about $6.2M, with roughly $2.1M of EBITDA. It has about 32 employees. Its estimated business value is $11.4M (likely range $6.0M–$15.6M).
Common questions
- Who owns Abco Party Rentals, LLC?
- The owner of Abco Party Rentals, 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 Abco Party Rentals, LLC make?
- SeeBITDA estimates Abco Party Rentals, LLC's annual revenue at about $6.2M (likely between $4.1M and $7.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Abco Party Rentals, LLC worth?
- About $11.4M, roughly 5.5× its estimated EBITDA of $2.1M, typical for a all other consumer goods rental company its size. Likely range: $6.0M–$15.6M.
- How many employees does Abco Party Rentals, LLC have?
- About 32, as reported on its PPP loan.
- When was Abco Party Rentals, LLC founded?
- Abco Party Rentals, LLC has been in business since 1975.