Asc Development & Management Co. LLC
How we got $6.8M
Based on its 39 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 33 years (since 1993)
- 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
ASC Development & Management is a Tulsa company that develops and manages commercial and residential properties, specializing in transforming distressed properties with deferred maintenance into efficient, low-maintenance facilities.
From the company's website. Industry: Residential Property Managers.
Estimated value over time
▲ 23% 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 |
|---|---|---|
| ASC DEVELOPMENT & MANAGEMENT CO. LLC this business | $7.2M | — |
| WLK ADVISORS, LLC Tulsa · 2 employees | $633K | 0.2 mi |
| CARLSON MANAGEMENT GROUP, LLC Tulsa · 1 employees | $320K | 0.3 mi |
| BKB, L.L.C. Tulsa · 1 employees | $652K | 0.3 mi |
| DWELL WELL REALITY SERVICES, LLC Tulsa · 1 employees | $239K | 0.3 mi |
| APPLIED SCRIVOLOGY Tulsa · 1 employees | $798K | 0.3 mi |
| BARBER INVESTMENTS LLC Tulsa · 2 employees | $1.1M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 39 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.9M |
| Estimate: the two combined (geometric mean) | $7.2M |
| EBITDA margin (industry, adjusted for size) | 26% |
| EBITDA = revenue × margin | $1.9M |
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 | $6.8M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.6M – $9.3M |
| Revenue range | $4.7M – $8.2M |
| EBITDA range | $1.2M – $2.2M |
| Industry (NAICS) | Residential Property Managers (531311) |
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
“ASC Development & Management (“ASC”) has crafted a reputation for dependability, and courtesy since it’s founding in 1993.”
Advisors
- BankingVast Bank, National AssociationPPP / 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
| Vast Bank, National Association PPP 2020 | All 359 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $322K | 39 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Asc Development & Management Co. LLC
Asc Development & Management Co. LLC is a residential property managers company in Tulsa, Oklahoma, in business since 1993. It is owned by Gregory Guerrero (Managing Member). Its estimated annual revenue is about $7.2M, with roughly $1.9M of EBITDA. It has about 39 employees. Its estimated business value is $6.8M (likely range $3.6M–$9.3M).
Common questions
- Who owns Asc Development & Management Co. LLC?
- Asc Development & Management Co. LLC is owned by Gregory Guerrero (Managing Member), according to public sources such as the company's website or filings.
- How much revenue does Asc Development & Management Co. LLC make?
- SeeBITDA estimates Asc Development & Management Co. LLC's annual revenue at about $7.2M (likely between $4.7M and $8.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Asc Development & Management Co. LLC worth?
- About $6.8M, roughly 3.6× its estimated EBITDA of $1.9M, typical for a residential property managers company its size. Likely range: $3.6M–$9.3M.
- How many employees does Asc Development & Management Co. LLC have?
- About 39, as reported on its PPP loan.
- When was Asc Development & Management Co. LLC founded?
- Asc Development & Management Co. LLC has been in business since 1993.