Butler Real Estate, Inc.
How we got $414K
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Butler Real Estate, Inc. is a real estate business in Grand Lake, OK, with contact listed under Shine Carson.
From the company's website. Industry: Offices of Real Estate Agents and Brokers.
Estimated value over time
▲ 40% 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 |
|---|---|---|
| BUTLER REAL ESTATE, INC. this business | $553K | — |
| Realtor Brandon C Bowers Langley | $959K | 0.0 mi |
| Debi Holcomb Vinita | $959K | 0.0 mi |
| Roger Bond, McGraw Realtors Langley | $959K | 0.2 mi |
| Diana Riley Patterson, McGraw Realtors Grand Lake Langley | $959K | 0.2 mi |
| McGraw Realtors - Grand Lake Langley | $959K | 0.2 mi |
| American Pride Realty and Auctions Vinita | $959K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $334K |
| Revenue = employees × revenue per employee | $553K |
| EBITDA margin (industry, adjusted for size) | 37% |
| EBITDA = revenue × margin | $207K |
| Cross-check: revenue implied by PPP payroll | $144K |
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 | $414K |
| Multiple for this size and industry | 2× |
| Value range | $196K – $588K |
| Revenue range | $327K – $655K |
| EBITDA range | $123K – $245K |
| Industry (NAICS) | Offices of Real Estate Agents and Brokers (531210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Advisors
- BankingPeoples Bank and Trust CompanyPPP / 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
| Peoples Bank and Trust Company PPP 2020 | All 320 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 | $3K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Butler Real Estate, Inc.
Butler Real Estate, Inc. is an offices of real estate agents and brokers company in Langley, Oklahoma, in business since 2002. It is owned by Shine Carson. Its estimated annual revenue is about $553K, with roughly $207K of EBITDA. It has about 1 employees. Its estimated business value is $414K (likely range $196K–$588K).
Common questions
- Who owns Butler Real Estate, Inc.?
- Butler Real Estate, Inc. is owned by Shine Carson, according to public sources such as the company's website or filings.
- How much revenue does Butler Real Estate, Inc. make?
- SeeBITDA estimates Butler Real Estate, Inc.'s annual revenue at about $553K (likely between $327K and $655K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Butler Real Estate, Inc. worth?
- About $414K, roughly 2× its estimated EBITDA of $207K, typical for a offices of real estate agents and brokers company its size. Likely range: $196K–$588K.
- How many employees does Butler Real Estate, Inc. have?
- About 1, as reported on its PPP loan.
- When was Butler Real Estate, Inc. founded?
- Butler Real Estate, Inc. has been in business since 2002.