Alpha Plus Systems, Inc.
- Susanne DoughertyVice President, Professional Development · Company website
How we got $1.5M
Based on its 11 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 40 years (since 1986)
- 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
Alpha Plus is an Oklahoma curriculum provider that offers standards-aligned curriculum, assessments, data tools and professional learning to Oklahoma schools, built by Oklahoma educators and aligned with the Oklahoma Academic Standards.
From the company's website. Industry: Educational Support Services.
Customers & suppliers
Customers
- Morrison Public Schools · named on its website
- Morrison Elementary · named on its website
Estimated value over time
▲ 26% 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 |
|---|---|---|
| ALPHA PLUS SYSTEMS, INC. this business | $2.4M | — |
| CAREGIVER CONNECTION, LLC Oklahoma City · 3 employees | $1.1M | 0.3 mi |
| OK MATH LLC Oklahoma City · 9 employees | $2.1M | 0.7 mi |
| VIZAVANCE INC. Oklahoma City · 22 employees | $924K | 2.0 mi |
| SPARTAN FX INVESTING LLC Oklahoma City · 1 employees | $224K | 2.9 mi |
| VELOCITY DANCE CENTER, LLC Oklahoma City · 14 employees | $3.0M | 4.8 mi |
| DATATRAK INC DBA MATHNASIUM OF NORTH OKC/MATHNASIUM OF SOUTH Oklahoma City · 31 employees | $7.6M | 5.8 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $457K |
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 | $1.5M |
| Multiple for this size and industry | 3.2× |
| Value range | $770K – $2.0M |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $301K – $522K |
| Industry (NAICS) | Educational Support Services (611710) |
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
- BankingFirst-Citizens Bank & Trust CompanyPPP / 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
| First-Citizens Bank & Trust Company PPP 2020, PPP 2021 | All 78 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $90K | 11 |
| 1/28/2021 | second | $97K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Alpha Plus Systems, Inc.
Alpha Plus Systems, Inc. is an educational support services company in Oklahoma City, Oklahoma, in business since 1986. It is owned by Bennie Newton (President). Its estimated annual revenue is about $2.4M, with roughly $457K of EBITDA. It has about 11 employees. Its estimated business value is $1.5M (likely range $770K–$2.0M).
Common questions
- Who owns Alpha Plus Systems, Inc.?
- Alpha Plus Systems, Inc. is owned by Bennie Newton (President), according to public sources such as the company's website or filings.
- How much revenue does Alpha Plus Systems, Inc. make?
- SeeBITDA estimates Alpha Plus Systems, Inc.'s annual revenue at about $2.4M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Alpha Plus Systems, Inc. worth?
- About $1.5M, roughly 3.2× its estimated EBITDA of $457K, typical for a educational support services company its size. Likely range: $770K–$2.0M.
- How many employees does Alpha Plus Systems, Inc. have?
- About 11, as reported on its PPP loan.
- When was Alpha Plus Systems, Inc. founded?
- Alpha Plus Systems, Inc. has been in business since 1986.
- Is Alpha Plus Systems, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 40 years (since 1986); no family successor named on its website.