Advanced Workzone Services, LLC
How we got $27.5M
Based on its 102 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Advanced Workzone Services is a traffic control contractor in Muskogee, OK that installs and maintains temporary traffic control devices in work zones, places permanent highway signage, and sells or rents safety equipment. It says it serves customers across Oklahoma, Kansas, and Arkansas.
From the company's website. Industry: Highway, Street, and Bridge Construction.
Customers & suppliers
Suppliers & brands
- Helix Network · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HODGES TRANSPORTATION INC · Tulsa, 44 mi · $11.3M
- EL ARCO INC · Tulsa, 39 mi · $4.1M
- ARLAN RECEIVING DELIVERY AND STORAGE, INC. · Tulsa, 39 mi · $2.0M
- ALLIED CONTAINER SALES, LLC · Tulsa, 44 mi · $936K
- FIVE R INC · Tulsa, 40 mi · $897K
Estimated value over time
▲ 20% 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.
Employees over time
▼ 19% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 102 | $34.1M |
| 2020 | Form 5500 | 83 | $27.7M |
| 2021 | Form 5500 | 86 | $28.7M |
| 2022 | Form 5500 | 83 | $27.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ADVANCED WORKZONE SERVICES, LLC this business | $57.2M | — |
| C-A NATIVE CONSTRUCTORS, INC Muskogee | $5.5M | 2.4 mi |
| GLOVER & ASSOCIATES INC Muskogee · 5 employees | $2.5M | 3.9 mi |
| H&G PAVING CONTRACTORS, INC. Muskogee · 46 employees | $20.8M | 3.9 mi |
| EASTERN OKLAHOMA CONCRETE, LLC Muskogee · 9 employees | $5.7M | 4.2 mi |
| T. MCDONALD CONSTRUCTION, INC. Eufaula · 33 employees | $18.6M | 32.0 mi |
| GRADE LINE CONSTRUCTION LLC Broken Arrow · 38 employees | $18.2M | 35.3 mi |
The full calculation
| Employees reported to the SBA | 102 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $60.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $41.6M |
| Estimate: the two combined (geometric mean) | $57.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $5.6M |
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 | $27.5M |
| Multiple for this size and industry | 4.9× |
| Value range | $14.5M – $37.6M |
| Revenue range | $37.7M – $65.3M |
| EBITDA range | $3.7M – $6.4M |
| Industry (NAICS) | Highway, Street, and Bridge Construction (237310) |
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
“Since our beginning, AWS has enjoyed steady growth and has become an established contractor with a solid reputation for providing quality service.”
Leadership
- BFBrian FletcherTulsa Area Manager · Company website · source
- DJDanny JonesSales · Company website · source
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $926K | 102 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Advanced Workzone Services, LLC
Advanced Workzone Services, LLC is a highway, street, and bridge construction company in Muskogee, Oklahoma, in business since 2005. It is owned by John Thomas (President). Its estimated annual revenue is about $57.2M, with roughly $5.6M of EBITDA. It has about 83 employees. Its estimated business value is $27.5M (likely range $14.5M–$37.6M).
Common questions
- Who owns Advanced Workzone Services, LLC?
- Advanced Workzone Services, LLC is owned by John Thomas (President), according to public sources such as the company's website or filings.
- How much revenue does Advanced Workzone Services, LLC make?
- SeeBITDA estimates Advanced Workzone Services, LLC's annual revenue at about $57.2M (likely between $37.7M and $65.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Advanced Workzone Services, LLC worth?
- About $27.5M, roughly 4.9× its estimated EBITDA of $5.6M, typical for a highway, street, and bridge construction company its size. Likely range: $14.5M–$37.6M.
- How many employees does Advanced Workzone Services, LLC have?
- About 83, from its 2022 retirement-plan filing.
- When was Advanced Workzone Services, LLC founded?
- Advanced Workzone Services, LLC has been in business since 2005.