Buildblock Building Systems, LLC
How we got $6.6M
Based on its 21 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 23 years (since 2003)
- Founder still runs it after 23 years
From public records and the company's website, not a statement that it's for sale.
What they do
BuildBlock Building Systems, LLC sells insulated concrete form (ICF) products and accessories for building construction, including homes, commercial buildings and pools. The site also offers installation and technical resources.
From the company's website. Industry: Plastics Bag and Pouch Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BENNETT CONSTRUCTION, INC. · Oklahoma City, 3 mi · $565.8M
- H.C. EMPLOYEES LLC · Moore, 16 mi · $180.3M
- FUENTES CONCRETE CONSTRUCTION · Edmond, 10 mi · $132.2M
- IDEAL HOMES OF NORMAN, LP · Norman, 24 mi · $126.8M
- RSM DEVELOPMENT, INC. · Oklahoma City, 9 mi · $87.3M
Estimated value over time
▲ 48% 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 |
|---|---|---|
| BUILDBLOCK BUILDING SYSTEMS, LLC this business | $12.3M | — |
| JETTA CORPORATION Edmond · 54 employees | $12.9M | 4.3 mi |
| ENVIRONMENTAL COMPLIANCE CORP., LLC DBA WE PAD IT Oklahoma City · 12 employees | $3.1M | 7.1 mi |
| HITE PLASTICS INC Oklahoma City · 15 employees | $2.8M | 7.2 mi |
| BAGS INC Oklahoma City · 57 employees | $27.3M | 7.7 mi |
| POLY FILMS, INC Oklahoma City · 17 employees | $6.6M | 7.7 mi |
| PHIL-GOOD PRODUCTS INC Oklahoma City · 34 employees | $10.1M | 8.2 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.9M |
| Estimate: the two combined (geometric mean) | $12.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.5M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 19% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $6.6M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.0M – $10.3M |
| Revenue range | $9.2M – $16.0M |
| EBITDA range | $1.1M – $1.9M |
| Industry (NAICS) | Plastics Bag and Pouch Manufacturing (326111) |
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
“BuildBlock Building Systems was formed in 2004 by founder and CEO Mike Garrett.”
Advisors
- BankingUMB 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
| UMB Bank, National Association PPP 2020 | All 99 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 | $268K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Buildblock Building Systems, LLC
Buildblock Building Systems, LLC is a plastics bag and pouch manufacturing company in Oklahoma City, Oklahoma, in business since 2003. It is owned by Mike Garrett (Founder & CEO). Its estimated annual revenue is about $12.3M, with roughly $1.5M of EBITDA. It has about 21 employees. Its estimated business value is $6.6M (likely range $4.0M–$10.3M).
Common questions
- Who owns Buildblock Building Systems, LLC?
- Buildblock Building Systems, LLC is owned by Mike Garrett (Founder & CEO), according to public sources such as the company's website or filings.
- How much revenue does Buildblock Building Systems, LLC make?
- SeeBITDA estimates Buildblock Building Systems, LLC's annual revenue at about $12.3M (likely between $9.2M and $16.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Buildblock Building Systems, LLC worth?
- About $6.6M, roughly 4.5× its estimated EBITDA of $1.5M, typical for a plastics bag and pouch manufacturing company its size. Likely range: $4.0M–$10.3M.
- How many employees does Buildblock Building Systems, LLC have?
- About 21, as reported on its PPP loan.
- When was Buildblock Building Systems, LLC founded?
- Buildblock Building Systems, LLC has been in business since 2003.