SeeBITDAOklahoma

Bonavista Technologies, Inc.

Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
  • 6004 South 118th East Avenue, Tulsa, OK
  • Since 1995
Estimated valueMedium confidence
$3.0M
$1.6Mlikely range$4.2M
About 3.9× its yearly profit, typical for a company this size in its industry.
Revenue
$6.8M
a year
Profit (EBITDA)
$778K
11% of revenue
Employees
12
reported in 2020
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $3.0M

Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.

12 employees × $396K each$4.8M
PPP payroll ÷ payroll's usual share of revenue$7.5M
Shown toward the top of its range×1.14
Revenue$6.8M
× 11% profit margin$778K
× 3.9 sale multiple = value$3.0M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 31 years (since 1995)

From public records and the company's website, not a statement that it's for sale.

What they do

Bonavista Technologies, Inc. manufactures filter testing and laboratory equipment, including multipass and fuel filter test rigs, and offers independent filter testing at its Tulsa, Oklahoma laboratory.

Products & services
Multipass Filter Test RigsFuel Filter Test RigsCustom-Built Test RigsTest SystemsCustom CabinetsComputer Control and Data AcquistionDilution and Cleanup SystemMulti-Pass Filter Test RigsSingle-Pass / Gravimetric Fuel Filter Test RigsDiesel Fuel-Water Separator Test RigsCyclic Flow Multi-Pass Test RigsAir Filter Test Rigs
Service area
Tulsa, Oklahoma
Certifications
ISO 16889ISO 4548-12ISO 19438SAE J1858ISO 16332SAE J1488/J1839SAE J1985SAE J905

From the company's website. Industry: Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables.

Estimated value over time

▲ 19% since 2020
$0$1.7M$3.5M20202026

Today'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

BusinessEst. revenueEst. profitDistance
BONAVISTA TECHNOLOGIES, INC.
this business
$6.8M$778K—
AC SYSTEMS INTEGRATION, INC.
Tulsa · 24 employees
$13.8M$1.4M0.9 mi
CHEROKEE MEASUREMENT & CONTROL, LLC
Tulsa · 36 employees
$22.6M$2.1M1.8 mi
EASTECH FLOW CONTROLS, INC
Tulsa · 10 employees
$4.4M$502K3.0 mi
HEARING SOLUTION CENTERS INC
Tulsa · 7 employees
$4.0M$453K3.3 mi
MEASUREMENT SOLUTIONS, INC.
Tulsa · 5 employees
$2.3M$289K3.7 mi
ADVANTAGE DIAGNOSTIC & MRT LLC
Tulsa · 8 employees
$5.0M$567K5.2 mi

The full calculation

Employees reported to the SBA12
Revenue from headcount (employees × revenue per employee for companies this size)$4.8M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$7.5M
Estimate: the two combined (geometric mean)$6.8M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$778K

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$3.0M
Multiple for this size and industry3.9×
Value range$1.6M – $4.2M
Revenue range$4.5M – $7.8M
EBITDA range$512K – $887K
Industry (NAICS)Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513)

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 1995
“Founded in 1995, Bonavista purchased Diagnetics Inc in 1996.”

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
7(a) 2020, 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

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$215K$217K12BancFirst
1/26/2021second$161K$163K12BancFirst

Public records

SBA loans
1 since 2020
Oct 20197(a)$750KBancFirst

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

About Bonavista Technologies, Inc.

Bonavista Technologies, Inc. is an instruments and related products manufacturing for measuring, displaying, and controlling industrial process variables company in Tulsa, Oklahoma, in business since 1995. Its estimated annual revenue is about $6.8M, with roughly $778K of EBITDA. It has about 12 employees. Its estimated business value is $3.0M (likely range $1.6M–$4.2M).

Common questions

Who owns Bonavista Technologies, Inc.?
The owner of Bonavista Technologies, 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 Bonavista Technologies, Inc. make?
SeeBITDA estimates Bonavista Technologies, Inc.'s annual revenue at about $6.8M (likely between $4.5M and $7.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Bonavista Technologies, Inc. worth?
About $3.0M, roughly 3.9× its estimated EBITDA of $778K, typical for a instruments and related products manufacturing for measuring, displaying, and controlling industrial process variables company its size. Likely range: $1.6M–$4.2M.
How many employees does Bonavista Technologies, Inc. have?
About 12, as reported on its PPP loan.
When was Bonavista Technologies, Inc. founded?
Bonavista Technologies, Inc. has been in business since 1995.