Ardmore Cpas PLLC
How we got $975K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Ardmore CPAS is a locally owned accounting firm offering tax preparation, accounting, business consulting, and trust and estate consulting services for personal and business needs.
From the company's website. Industry: Accounting & tax.
Estimated value over time
▲ 30% 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 |
|---|---|---|
| ARDMORE CPAS PLLC this business | $1.6M | — |
| ANGELA BRADSHER CPA PC Ardmore · 1 employees | $336K | 0.0 mi |
| DOUGLAS W DEAN CPA CFP PC Ardmore · 1 employees | $153K | 0.0 mi |
| MICHAEL L CHANDLER CPA INC Ardmore · 1 employees | $386K | 0.0 mi |
| SANDRA D NEWMAN CPA PC Ardmore · 1 employees | $219K | 0.0 mi |
| SIAN M PHIPPS MBA CPA PC Ardmore · 2 employees | $348K | 0.0 mi |
| CENTRAL OKLAHOMA BUSINESS SERVICE INC Ardmore · 3 employees | $549K | 0.0 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $279K |
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 | $975K |
| Multiple for this size and industry | 3.5× |
| Value range | $513K – $1.3M |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $183K – $318K |
| Industry (NAICS) | Offices of Certified Public Accountants (541211) |
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
Leadership
- SPSian PhippsCPA · Company website · source
- ABAngela BradsherCPA · Company website · source
- DWDouglas W. DeanStaff Accountant · Company website · source
- HPHayley PayneCPA · Company website · source
- LMLisa McIntyreTax Specialist · Company website · source
- AFAmy FleitmanTax Specialist · Company website · source
- MDMargie DuboisTax Specialist · Company website · source
- KWKhriston WoodReceptionist · Company website · source
Advisors
- BankingCitizens Bank and Trust Company of ArdmorePPP / 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
| Citizens Bank and Trust Company of Ardmore PPP 2020 | All 181 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $59K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ardmore Cpas PLLC
Ardmore Cpas PLLC is an accounting & tax company in Ardmore, Oklahoma, in business since 2015. It is owned by Mike Chandler. Its estimated annual revenue is about $1.6M, with roughly $279K of EBITDA. It has about 9 employees. Its estimated business value is $975K (likely range $513K–$1.3M).
Common questions
- Who owns Ardmore Cpas PLLC?
- Ardmore Cpas PLLC is owned by Mike Chandler, according to public sources such as the company's website or filings.
- How much revenue does Ardmore Cpas PLLC make?
- SeeBITDA estimates Ardmore Cpas PLLC's annual revenue at about $1.6M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ardmore Cpas PLLC worth?
- About $975K, roughly 3.5× its estimated EBITDA of $279K, typical for a accounting & tax company its size. Likely range: $513K–$1.3M.
- How many employees does Ardmore Cpas PLLC have?
- About 9, as reported on its PPP loan.
- When was Ardmore Cpas PLLC founded?
- Ardmore Cpas PLLC has been in business since 2015.