SeeBITDAOklahoma
  • 2316 Minnie Lane, Oklahoma City, OK
  • Since 1980
  • Family-owned
Estimated valueLow confidence
$580K
$305Klikely range$793K
About 2.3× its yearly profit, typical for a company this size in its industry.
Revenue
$2.2M
a year
Profit (EBITDA)
$252K
12% of revenue
Employees
8
reported in 2020
Tim Lucas
Owner/Founder · source
High sell likelihood

How we got $580K

Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.

8 employees × $344K each$2.7M
PPP payroll ÷ payroll's usual share of revenue$1.3M
Shown toward the top of its range×1.14
Revenue$2.2M
× 12% profit margin$252K
× 2.3 sale multiple = value$580K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale High sell likelihood

  • In business 46 years (since 1980)
  • Founder still runs it after 46 years
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Able Movers is a family owned and operated moving company in Oklahoma serving residential and commercial customers. It says it has been moving people and businesses in Oklahoma for over 40 years.

Products & services
Residential movingCommercial movingSpecialty moving
Markets served
Residential homesCommercial businessesDuplex/condominium
Service area
Oklahoma CityGreater OKC AreaOklahomaYukon, OK
Certifications
Fully insured

From the company's website. Industry: Fencing, siding & exterior.

Customers & suppliers

Customers

  • McBride Clinic · named on its website
  • Oklahoma State Bureau of Investigation · named on its website
  • El Reno County Courthouse · named on its website
  • Mercy Health network · named on its website
  • Sooner Medical · named on its website
  • MidWest Regional · named on its website
  • Tall Water law Firm · named on its website
  • Keller Williams Realtors · named on its website
  • Evans Piano · named on its website
  • Barbour Energy · named on its website
  • Christ the King Church · named on its website
  • Heartland Homes · named on its website
  • Blackman Mooring · named on its website
  • Tim Hughes Homes · named on its website
  • Gary Owens Construction · named on its website

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Home builders

Estimated value over time

▲ 23% since 2020
$0$333K$667K20202026

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
ABLE MOVERS INC.
this business
$2.2M$252K—
ADVANCED ELECTRIC INC.
Oklahoma City · 20 employees
$7.5M$792K1.4 mi
PADDOCK ENTERPRISES, INC.
Oklahoma City · 5 employees
$1.6M$191K1.5 mi
GW UTILITY CONSTRUCTION CO
Oklahoma City · 18 employees
$7.5M$791K1.6 mi
BLACK DIAMOND CUSTOM SERVICES
Oklahoma City · 1 employees
$374K$56K1.7 mi
COPED CONSTRUCTS LLC
Oklahoma City · 2 employees
$1.0M$134K1.7 mi
MEI XING CORPORATION
Oklahoma City · 9 employees
$2.4M$277K2.2 mi

The full calculation

Employees reported to the SBA8
Revenue from headcount (employees × revenue per employee for companies this size)$2.7M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.3M
Estimate: the two combined (geometric mean)$2.2M
EBITDA margin (industry, adjusted for size)12%
EBITDA = revenue × margin$252K

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$580K
Multiple for this size and industry2.3×
Value range$305K – $793K
Revenue range$1.4M – $2.5M
EBITDA range$166K – $287K
Industry (NAICS)All Other Specialty Trade Contractors (238990)

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

Founded 1980 by Tim LucasFamily-owned
“The company was started in 1980 by Tim and Ben with one truck working Oklahoma City and outgrew in within two years.”

Advisors

  • BankingProsperity 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

Prosperity Bank
PPP 2020, PPP 2021
All 748 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/30/2020first$32K$32K8Prosperity Bank
3/5/2021second$32K$32K8Prosperity Bank

Public records

DOT motor carrier
USDOT 747767
Trucks (power units)4
Drivers2
Miles (2021)70,000
Registered with DOT1998

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Able Movers Inc.

Able Movers Inc. is a family-owned fencing, siding & exterior company in Oklahoma City, Oklahoma, in business since 1980. It is owned by Tim Lucas (Owner/Founder). Its estimated annual revenue is about $2.2M, with roughly $252K of EBITDA. It has about 8 employees. Its estimated business value is $580K (likely range $305K–$793K).

Common questions

Who owns Able Movers Inc.?
Able Movers Inc. is owned by Tim Lucas (Owner/Founder), according to public sources such as the company's website or filings.
How much revenue does Able Movers Inc. make?
SeeBITDA estimates Able Movers Inc.'s annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Able Movers Inc. worth?
About $580K, roughly 2.3× its estimated EBITDA of $252K, typical for a fencing, siding & exterior company its size. Likely range: $305K–$793K.
How many employees does Able Movers Inc. have?
About 8, as reported on its PPP loan.
When was Able Movers Inc. founded?
Able Movers Inc. has been in business since 1980.
Is Able Movers Inc. for sale?
There's no public listing, but it shows signs that often come before a sale: in business 46 years (since 1980); founder still runs it after 46 years; no family successor named on its website.