SeeBITDAOklahoma

Aquarius Enterprises Inc

Other Miscellaneous Durable Goods Merchant Wholesalers
Estimated valueMedium confidence
$8.2M
$4.9Mlikely range$12.8M
About 4.3× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$27.8M
a year
EBITDA
$1.9M
7% of revenue
Employees
31
reported in 2020
Leadership
Mike Bannister
Key Principal · source

How we got $8.2M

Based on 31 employees reported for PPP in 2020, grown 8% a year since.

31 employees (PPP loan, 2020)31
× 1.63 growth (8% a year since 2020)51 today
× $550K revenue per employee (other miscellaneous durable goods merchant wholesalers)$27.8M
× 7% EBITDA margin$1.9M
× 4.3 sale multiple = value$8.2M

Own this business? Correct these figures

Estimated value over time

▲ 103% since 2020
$0$4.7M$9.4M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner named

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
AQUARIUS ENTERPRISES INC
this business
$27.8M$1.9M—
INTERNATIONAL SAFETY, LLC
Tulsa · 3 employees
$2.7M$225K1.7 mi
DAVE ALLERT COMPANY, INC
Tulsa · 3 employees
$2.7M$225K2.1 mi
SOONER REPAIR, JEWELRY, LLC
Tulsa · 7 employees
$6.3M$462K2.2 mi
ABI GROUP, LLC
Tulsa · 1 employees
$896K$91K2.8 mi
THE PEARL HOUSE INC
Tulsa · 4 employees
$2.3M$212K3.0 mi
SPORTSMITH LLC
Tulsa · 28 employees
$25.1M$1.7M3.2 mi

Ranges & sources

Revenue range$20.8M – $36.1M
EBITDA range$1.4M – $2.5M
Industry (NAICS)Other Miscellaneous Durable Goods Merchant Wholesalers (423990)
Value range$4.9M – $12.8M

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

History & advisors

Advisors

  • BankingMabrey 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 Roles are as stated there and may be out of date.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

Mabrey Bank
PPP 2020, PPP 2021
All 851 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/6/2020first$275K$276K30Mabrey Bank
1/21/2021second$270K$272K31Mabrey Bank

Public records

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

About Aquarius Enterprises Inc

Aquarius Enterprises Inc is an other miscellaneous durable goods merchant wholesalers company in Tulsa, Oklahoma. It is owned by Mike Bannister (Key Principal). Its estimated annual revenue is about $27.8M, with roughly $1.9M of EBITDA. It has about 31 employees. Its estimated business value is $8.2M (likely range $4.9M–$12.8M).

Common questions

Who owns Aquarius Enterprises Inc?
Aquarius Enterprises Inc is owned by Mike Bannister (Key Principal), according to public sources such as the company's website or filings.
How much revenue does Aquarius Enterprises Inc make?
SeeBITDA estimates Aquarius Enterprises Inc's annual revenue at about $27.8M (likely between $20.8M and $36.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Aquarius Enterprises Inc worth?
About $8.2M, roughly 4.3× its estimated EBITDA of $1.9M, typical for a other miscellaneous durable goods merchant wholesalers company its size. Likely range: $4.9M–$12.8M.
How many employees does Aquarius Enterprises Inc have?
About 31, as reported on its PPP loan.