SeeBITDAOklahoma

Bauman Instrument Corporation

  • 11604 E 58TH ST, Tulsa, OK
  • Since 1984
Estimated valueMedium confidence
$3.6M
$1.9Mlikely range$4.9M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$4.9M
a year
Profit (EBITDA)
$795K
16% of revenue
Employees
10
reported in 2020
Jerry Bauman
President · source
Likely to sell

How we got $3.6M

Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.

10 employees × $333K each$3.3M
PPP payroll ÷ payroll's usual share of revenue$5.4M
Shown toward the top of its range×1.14
Revenue$4.9M
× 16% profit margin$795K
× 4.5 sale multiple = value$3.6M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2023
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 42 years (since 1984)
  • 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

Bauman Instrument Corporation is a Tulsa, OK company, in business since 1984, that says it delivers complete, in-house control system integration services. Its work includes process instrument sales and services, control panel design and fabrication, and telemetry systems.

Products & services
process instrument salesprocess instrument servicescomplete control system integration servicescontrol panel design and fabricationtelemetry systemscontrol system design servicesDesignPanel FabricationProgrammingCable NetworkingSecurity & AccessProject Management
Service area
Tulsa, OK
Certifications
FOA CFOT certificated

From the company's website. Industry: IT & software.

Estimated value over time

▲ 18% since 2020
$0$2.1M$4.1M20202021202220232026

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

Employees over time

▼ 60% since 2020
010202020202120222023104
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan10$2.4M$396K
2020Form 55009$2.2M$356K
2021Form 55007$1.7M$277K
2022Form 55005$1.2M$198K
2023Form 55004$966K$158K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
BAUMAN INSTRUMENT CORPORATION
this business
$4.9M$795K—
INTERACTIVE CAD SERVICES, INC.
Broken Arrow · 12 employees
$5.8M$950K0.5 mi
ALL MEDIA INTEGRATION LLC
Tulsa · 20 employees
$6.3M$1.0M0.6 mi
WOODARD TECHNOLOGY AND INVESTMENTS, LLC
Tulsa · 29 employees
$12.0M$1.7M0.9 mi
ELECTRONIC STORAGE CORPORATION
Tulsa · 14 employees
$6.7M$1.1M1.5 mi
DB TECH COMPUTER SOLUTIONS LLC
Tulsa · 2 employees
$532K$124K1.6 mi
TURNING CODE LLC
Broken Arrow · 1 employees
$500K$116K1.7 mi

The full calculation

Employees reported to the SBA10
Revenue from headcount (employees × revenue per employee for companies this size)$3.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$5.4M
Estimate: the two combined (geometric mean)$4.9M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$795K

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$3.6M
Multiple for this size and industry4.5×
Value range$1.9M – $4.9M
Revenue range$3.2M – $5.5M
EBITDA range$523K – $906K
Industry (NAICS)Computer Systems Design Services (541512)

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

Founded 1984
“Since 1984 Bauman Instrument Corporation has been working to deliver complete, in-house control system integration services.”

Leadership

  • AR
    Alan Roesslein
    Vice President · Company website · source
  • BW
    Brian Webb
    Project Manager · Company website · source
  • JR
    Jay Roesslein
    Project Manager · Company website · source
  • DC
    Dominick Chirchirillo
    Lead Programmer · Company website · source
  • BK
    Billy Kyer
    Field Engineer · Company website · source

Advisors

  • BankingArvest 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

Arvest Bank
PPP 2020, PPP 2021
All 5,114 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$187K$190K10Arvest Bank
1/27/2021second$113K$113K10Arvest Bank

Public records

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

About Bauman Instrument Corporation

Bauman Instrument Corporation is an it & software company in Tulsa, Oklahoma, in business since 1984. It is owned by Jerry Bauman (President). Its estimated annual revenue is about $4.9M, with roughly $795K of EBITDA. It has about 4 employees. Its estimated business value is $3.6M (likely range $1.9M–$4.9M).

Common questions

Who owns Bauman Instrument Corporation?
Bauman Instrument Corporation is owned by Jerry Bauman (President), according to public sources such as the company's website or filings.
How much revenue does Bauman Instrument Corporation make?
SeeBITDA estimates Bauman Instrument Corporation's annual revenue at about $4.9M (likely between $3.2M and $5.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Bauman Instrument Corporation worth?
About $3.6M, roughly 4.5× its estimated EBITDA of $795K, typical for a it & software company its size. Likely range: $1.9M–$4.9M.
How many employees does Bauman Instrument Corporation have?
About 4, from its 2023 retirement-plan filing.
When was Bauman Instrument Corporation founded?
Bauman Instrument Corporation has been in business since 1984.
Is Bauman Instrument Corporation for sale?
There's no public listing, but it shows signs that often come before a sale: in business 42 years (since 1984); no family successor named on its website.