Bearwood Concepts, Inc.
How we got $8.7M
Based on its 77 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 3% 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.
Employees over time
▼ 27% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 77 | $24.0M |
| 2020 | Form 5500 | 60 | $18.7M |
| 2021 | Form 5500 | 83 | $25.8M |
| 2022 | Form 5500 | 100 | $31.1M |
| 2023 | Form 5500 | 65 | $20.2M |
| 2024 | Form 5500 | 56 | $17.4M |
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.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 44% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BEARWOOD CONCEPTS, INC. this business | $26.6M | — |
| BEARWOOD NATIVE, LLC Tulsa · 15 employees | $3.7M | 0.4 mi |
| Hotseating.com Tulsa | $4.0M | 4.7 mi |
| B&C CUSTOM WOODWORKS LLC Tulsa · 2 employees | $512K | 6.0 mi |
| B&C CUSTOMER WOODWORKS LLC Tulsa · 2 employees | $511K | 6.1 mi |
| SILEX INTERIORS, INC. Tulsa · 15 employees | $4.5M | 7.7 mi |
| TrunkWorks Broken Arrow | $2.0M | 10.9 mi |
The full calculation
| Employees reported to the SBA | 77 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $25.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $21.4M |
| Estimate: the two combined (geometric mean) | $26.6M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.8M |
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 | $8.7M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.6M – $11.9M |
| Revenue range | $17.5M – $30.3M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Showcase, Partition, Shelving, and Locker Manufacturing (337215) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $633K | 77 |
| 2/10/2021 | second | $633K | 67 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bearwood Concepts, Inc.
Bearwood Concepts, Inc. is a showcase, partition, shelving, and locker manufacturing company in Tulsa, Oklahoma, in business since 2013. Its estimated annual revenue is about $26.6M, with roughly $1.8M of EBITDA. It has about 56 employees. Its estimated business value is $8.7M (likely range $4.6M–$11.9M).
Common questions
- Who owns Bearwood Concepts, Inc.?
- The owner of Bearwood Concepts, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Bearwood Concepts, Inc. make?
- SeeBITDA estimates Bearwood Concepts, Inc.'s annual revenue at about $26.6M (likely between $17.5M and $30.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bearwood Concepts, Inc. worth?
- About $8.7M, roughly 4.7× its estimated EBITDA of $1.8M, typical for a showcase, partition, shelving, and locker manufacturing company its size. Likely range: $4.6M–$11.9M.
- How many employees does Bearwood Concepts, Inc. have?
- About 56, from its 2024 retirement-plan filing.
- When was Bearwood Concepts, Inc. founded?
- Bearwood Concepts, Inc. has been in business since 2013.