Adwon Properties, Inc.
How we got $294K
Based on its 1 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 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
What they do
Adwon Properties, Inc. is a Tulsa real estate firm offering tenant representation, brokerage, property management, and built-to-suit or sale/leaseback investment services for commercial clients.
From the company's website. Industry: Offices of Real Estate Agents and Brokers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MAZZIO'S LLC · Tulsa, 5 mi · $80.0M
- REW III LLC · Tulsa, 7 mi · $70.4M
- HIDEAWAY- 2 INC · Tulsa, 1 mi · $63.9M
- SJK, LLC · Broken Arrow, 11 mi · $48.1M
- WICHITA SDI, LLC · Prague, 60 mi · $46.7M
Estimated value over time
▲ 40% 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 |
|---|---|---|
| ADWON PROPERTIES, INC. this business | $392K | — |
| Siegfried Companies Inc Tulsa | $959K | 0.0 mi |
| Unique Properties Tulsa | $959K | 0.1 mi |
| THE FRONTIERS REAL ESTATE GROUP Tulsa · 2 employees | $916K | 0.1 mi |
| RE/MAX T-town Tulsa | $959K | 0.1 mi |
| Jeana Shackelford - Remax T-town Tulsa | $959K | 0.1 mi |
| Daniel Properties Tulsa | $959K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $468K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $253K |
| Estimate: the two combined (geometric mean) | $392K |
| EBITDA margin (industry, adjusted for size) | 37% |
| EBITDA = revenue × margin | $147K |
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 | $294K |
| Multiple for this size and industry | 2× |
| Value range | $155K – $402K |
| Revenue range | $258K – $447K |
| EBITDA range | $97K – $167K |
| Industry (NAICS) | Offices of Real Estate Agents and Brokers (531210) |
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
History & advisors
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 | $4K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Adwon Properties, Inc.
Adwon Properties, Inc. is an offices of real estate agents and brokers company in Tulsa, Oklahoma, in business since 2000. It is owned by Mitch Adwon (President). Its estimated annual revenue is about $392K, with roughly $147K of EBITDA. It has about 1 employees. Its estimated business value is $294K (likely range $155K–$402K).
Common questions
- Who owns Adwon Properties, Inc.?
- Adwon Properties, Inc. is owned by Mitch Adwon (President), according to public sources such as the company's website or filings.
- How much revenue does Adwon Properties, Inc. make?
- SeeBITDA estimates Adwon Properties, Inc.'s annual revenue at about $392K (likely between $258K and $447K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Adwon Properties, Inc. worth?
- About $294K, roughly 2× its estimated EBITDA of $147K, typical for a offices of real estate agents and brokers company its size. Likely range: $155K–$402K.
- How many employees does Adwon Properties, Inc. have?
- About 1, as reported on its PPP loan.
- When was Adwon Properties, Inc. founded?
- Adwon Properties, Inc. has been in business since 2000.