Capital Steel Buildings, Inc
How we got $985K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 29 years (since 1997)
- Founder still runs it after 29 years
From public records and the company's website, not a statement that it's for sale.
What they do
Capital Steel Buildings, Inc. provides steel buildings for self-storage facilities, from design through delivery, and says it has provided over 6.5 million square feet since 1997.
From the company's website. Industry: Framing Contractors.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HODGES TRANSPORTATION INC · Tulsa, 16 mi · $11.4M
- EL ARCO INC · Tulsa, 24 mi · $4.1M
- MIDWEST LOGISTICS, LLC · Tulsa, 20 mi · $2.3M
- ARLAN RECEIVING DELIVERY AND STORAGE, INC. · Tulsa, 22 mi · $2.0M
- United Cold Storage · Tulsa, 15 mi · $1.7M
Estimated value over time
▲ 15% 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 |
|---|---|---|
| CAPITAL STEEL BUILDINGS, INC this business | $3.7M | — |
| UNITED MASONRY, LLC Skiatook · 12 employees | $3.6M | 0.1 mi |
| BIG K CONCRETE SAWING AND DRILLING, INC Skiatook · 9 employees | $3.8M | 0.4 mi |
| BRUMMETT CONSTRUCTION INC Skiatook · 11 employees | $4.4M | 2.0 mi |
| M & M MASONRY LLC Sperry · 2 employees | $772K | 3.7 mi |
| SHARP CONCRETE & CONSTRUCTION LLC Skiatook · 8 employees | $2.8M | 4.9 mi |
| RAHU CONCRETE LLC Skiatook · 11 employees | $4.6M | 5.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.3M |
| Estimate: the two combined (geometric mean) | $3.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $428K |
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 | $985K |
| Multiple for this size and industry | 2.3× |
| Value range | $518K – $1.3M |
| Revenue range | $2.4M – $4.2M |
| EBITDA range | $282K – $488K |
| Industry (NAICS) | Framing Contractors (238130) |
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
“Capital Steel Buildings was created in 1997 by Ron Thacker & C. Robert Reed to provide quality steel buildings with superior service.”
Advisors
- BankingMabrey BankPPP / 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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $75K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Capital Steel Buildings, Inc
Capital Steel Buildings, Inc is a framing contractors company in Skiatook, Oklahoma, in business since 1997. It is owned by Ron Thacker & C. Robert Reed (Founder). Its estimated annual revenue is about $3.7M, with roughly $428K of EBITDA. It has about 5 employees. Its estimated business value is $985K (likely range $518K–$1.3M).
Common questions
- Who owns Capital Steel Buildings, Inc?
- Capital Steel Buildings, Inc is owned by Ron Thacker & C. Robert Reed (Founder), according to public sources such as the company's website or filings.
- How much revenue does Capital Steel Buildings, Inc make?
- SeeBITDA estimates Capital Steel Buildings, Inc's annual revenue at about $3.7M (likely between $2.4M and $4.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Capital Steel Buildings, Inc worth?
- About $985K, roughly 2.3× its estimated EBITDA of $428K, typical for a framing contractors company its size. Likely range: $518K–$1.3M.
- How many employees does Capital Steel Buildings, Inc have?
- About 5, as reported on its PPP loan.
- When was Capital Steel Buildings, Inc founded?
- Capital Steel Buildings, Inc has been in business since 1997.
- Is Capital Steel Buildings, Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 29 years (since 1997); founder still runs it after 29 years.