Accurate Fire Equipment Company
How we got $4.4M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 81 years (since 1945)
- 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
Accurate Fire Equipment Co. is a family-run, locally owned fire protection business in Tulsa, OK that sells and services fire extinguishers, sprinklers and fire suppression systems.
From the company's website. Industry: Other Miscellaneous Nondurable Goods Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Amerex · brand it sells or installs
- Ansul · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BIOS COMPANIES INC. · Sapulpa, 20 mi · $71.0M
- PHOENIX HEALTHCARE LLC · Tulsa, 10 mi · $68.0M
- BIOS CORPORATION · Sapulpa, 17 mi · $40.4M
- INDEPENDENT OPPORTUNITIES INC · Tulsa, 8 mi · $39.7M
- OKLAHOMA METHODIST MANOR, INC · Tulsa, 4 mi · $36.6M
- MAZZIO'S LLC · Tulsa, 4 mi · $80.0M
- REW III LLC · Tulsa, 5 mi · $70.4M
- HIDEAWAY- 2 INC · Tulsa, 7 mi · $63.9M
- SJK, LLC · Broken Arrow, 8 mi · $48.1M
- WICHITA SDI, LLC · Prague, 65 mi · $46.7M
Estimated value over time
▲ 9% 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 |
|---|---|---|
| ACCURATE FIRE EQUIPMENT COMPANY this business | $24.3M | — |
| CAMPBELL WHOLESALE COMPANY, INC. Tulsa · 34 employees | $65.0M | 2.3 mi |
| WHOLESALE AUTO PAINTS OF TULSA, LLC Tulsa · 7 employees | $6.7M | 2.3 mi |
| MASTER PACKAGING, INC. Tulsa · 31 employees | $35.3M | 2.4 mi |
| LADYBUG'S FLOWERS & GIFTS INC Tulsa · 2 employees | $1.1M | 2.7 mi |
| POLI-TAPE USA INC Tulsa | $20.0M | 3.1 mi |
| O'DELL ENTERPRISES INC. Tulsa · 5 employees | $3.9M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $21.3M |
| Estimate: the two combined (geometric mean) | $24.3M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $1.0M |
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 | $4.4M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.3M – $6.0M |
| Revenue range | $16.0M – $27.7M |
| EBITDA range | $670K – $1.2M |
| Industry (NAICS) | Other Miscellaneous Nondurable Goods Merchant Wholesalers (424990) |
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
“Founded in 1945 by R.W. Cornwell, Accurate Fire Equipment has been a trusted presence in the community for over three generations.”
Leadership
- RWRobert W CornwellFounder · Company website · source
- KHKatie HunterCo-owner · Company website · source
- MHMark HunterCo-owner · Company website · source
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 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $237K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Accurate Fire Equipment Company
Accurate Fire Equipment Company is a family-owned other miscellaneous nondurable goods merchant wholesalers company in Tulsa, Oklahoma, in business since 1945. It is owned by Betty Crawford. Its estimated annual revenue is about $24.3M, with roughly $1.0M of EBITDA. It has about 21 employees. Its estimated business value is $4.4M (likely range $2.3M–$6.0M).
Common questions
- Who owns Accurate Fire Equipment Company?
- Accurate Fire Equipment Company is owned by Betty Crawford, according to public sources such as the company's website or filings.
- How much revenue does Accurate Fire Equipment Company make?
- SeeBITDA estimates Accurate Fire Equipment Company's annual revenue at about $24.3M (likely between $16.0M and $27.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Accurate Fire Equipment Company worth?
- About $4.4M, roughly 4.3× its estimated EBITDA of $1.0M, typical for a other miscellaneous nondurable goods merchant wholesalers company its size. Likely range: $2.3M–$6.0M.
- How many employees does Accurate Fire Equipment Company have?
- About 21, as reported on its PPP loan.
- When was Accurate Fire Equipment Company founded?
- Accurate Fire Equipment Company has been in business since 1945.
- Is Accurate Fire Equipment Company for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 81 years (since 1945); no family successor named on its website.