Bostick Services Corporation
How we got $34.6M
Based on its 45 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 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 9% 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
▼ 38% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 45 | $16.2M |
| 2021 | Form 5500 | 34 | $12.3M |
| 2022 | Form 5500 | 33 | $11.9M |
| 2023 | Form 5500 | 33 | $11.9M |
| 2024 | Form 5500 | 28 | $10.1M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| BOSTICK SERVICES CORPORATION this business | $29.3M | — |
| KIBTEC OIL & GAS INC. Cashion · 2 employees | $845K | 4.6 mi |
| JS DUNN CONSULTING, INC Cashion · 1 employees | $585K | 4.6 mi |
| TRI-LIFT SERVICES INC. Crescent · 20 employees | $7.4M | 5.0 mi |
| C, E & L SERVICES OF OK, INC. Crescent · 11 employees | $4.1M | 5.7 mi |
| GENIE WELL SERVICE INC. Crescent · 25 employees | $9.2M | 5.8 mi |
| GATOR, LLC Guthrie · 2 employees | $972K | 5.9 mi |
The full calculation
| Employees reported to the SBA | 45 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $20.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $33.1M |
| Estimate: the two combined (geometric mean) | $29.3M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $6.7M |
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 | $34.6M |
| Multiple for this size and industry | 5.2× |
| Value range | $18.2M – $47.4M |
| Revenue range | $19.3M – $33.4M |
| EBITDA range | $4.4M – $7.6M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
Advisors
- BankingNBC OklahomaPPP / 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
| NBC Oklahoma PPP 2020, PPP 2021 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $935K | 45 |
| 1/22/2021 | second | $874K | 30 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bostick Services Corporation
Bostick Services Corporation is an oil & gas company in Guthrie, Oklahoma, in business since 2000. Its estimated annual revenue is about $29.3M, with roughly $6.7M of EBITDA. It has about 28 employees. Its estimated business value is $34.6M (likely range $18.2M–$47.4M).
Common questions
- Who owns Bostick Services Corporation?
- The owner of Bostick Services Corporation 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 Bostick Services Corporation make?
- SeeBITDA estimates Bostick Services Corporation's annual revenue at about $29.3M (likely between $19.3M and $33.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bostick Services Corporation worth?
- About $34.6M, roughly 5.2× its estimated EBITDA of $6.7M, typical for a oil & gas company its size. Likely range: $18.2M–$47.4M.
- How many employees does Bostick Services Corporation have?
- About 28, from its 2024 retirement-plan filing.
- When was Bostick Services Corporation founded?
- Bostick Services Corporation has been in business since 2000.