SeeBITDAOklahoma

Cdbl, Inc.

Commercial construction
  • 6 SE LEE BLVD, Lawton, OK
  • Since 2000
Estimated valueMedium confidence
$2.0M
$1.0Mlikely range$2.7M
About 2.8× its yearly profit, typical for a company this size in its industry.
Revenue
$12.9M
a year
Profit (EBITDA)
$702K
5% of revenue
Employees
18
reported in 2020
Michael Brown
Owner/President · source
Some signs of a sale
cdblinc.comLinkedIn
Contact
Find Michael Brown on RocketReach Request removal or correction

How we got $2.0M

Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.

18 employees × $751K each$13.5M
PPP payroll ÷ payroll's usual share of revenue$9.5M
Shown toward the top of its range×1.14
Revenue$12.9M
× 5% profit margin$702K
× 2.8 sale multiple = value$2.0M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 26 years (since 2000)
  • No family successor named on its website

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

What they do

CDBL, Inc. is a construction management firm based in Lawton, Oklahoma that provides design/build, general contracting and construction management services to a wide variety of customers throughout Oklahoma, Texas and the Southwestern United States.

Products & services
Construction ManagementDesign/Build ConstructionGeneral Contracting
Markets served
EnergyHealthcareCommunity OrganizationsRestaurantsFinanceConvenience storesDealerships
Service area
Southwest OklahomaOklahomaTexasSouthwestern United States

From the company's website. Industry: Commercial construction.

Customers & suppliers

Customers

  • AEP – CLINTON LAYDOWN YARD AND MAINTENANCE BARN · named on its website
  • KIRK'S AMBULANCE SERVICE · named on its website
  • NEW ZION BAPTIST CHURCH · named on its website
  • AOCS · named on its website
  • BRICKTOWN BREWERY · named on its website
  • CITY NATIONAL BANK – MARKETPLACE · named on its website
  • ARVEST BANK · named on its website
  • VETERANS RESOURCE CENTER · named on its website
  • HOSPICE OF SOUTHWEST OKLAHOMA · named on its website
  • APACHE CONVENIENCE STORE · named on its website
  • LAWTON FORT CHAMBER OF COMMERCE AND INDUSTRY · named on its website
  • RESTAURANT 74 · named on its website
  • PARKER PLACE · named on its website
  • JIM NORTON TOYOTA · named on its website
  • INSURICA · named on its website

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Restaurants
Grocery & convenience stores

Estimated value over time

▲ 28% since 2020
$0$1.1M$2.3M20202026

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
CDBL, INC.
this business
$12.9M$702K—
RYAN HERRING CONSTRUCTION INC.
Lawton · 16 employees
$12.9M$700K0.4 mi
CLEAR CREEK DEVELOPMENTS, LLC
Lawton · 1 employees
$527K$46K1.0 mi
VERNON WILLIAMS BUILDERS INC
Lawton · 1 employees
$603K$53K1.0 mi
MOUNTAIN MANAGEMENT, LLC
Lawton · 4 employees
$4.3M$262K1.7 mi
WILLIAMS & SON CONSTRUCTION MANAGEMENT LLC
Lawton · 4 employees
$3.4M$228K2.5 mi
MILLER, INC
Lawton · 7 employees
$5.4M$332K2.9 mi

The full calculation

Employees reported to the SBA18
Revenue from headcount (employees × revenue per employee for companies this size)$13.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$9.5M
Estimate: the two combined (geometric mean)$12.9M
EBITDA margin (industry, adjusted for size)5%
EBITDA = revenue × margin$702K

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$2.0M
Multiple for this size and industry2.8×
Value range$1.0M – $2.7M
Revenue range$8.5M – $14.7M
EBITDA range$462K – $800K
Industry (NAICS)Commercial and Institutional Building Construction (236220)

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

“CDBL, Inc. is a construction management firm based in Lawton, Oklahoma that, over the past 30 years, has provided quality construction services to a wide variety of satisfied customers throughout Oklahoma, Texas and the Southwestern United States.”

Leadership

  • CS
    Christine S. Langston
    Finance/HR and Project Manager · Company website · source
  • RE
    Russell Espinosa
    Construction and Projects Manager · Company website · source
  • CB
    Christopher Boyd
    Drafting and Project Manager · Company website · source
  • KS
    Kirsten Sellens
    Office and Project Manager · Company website · source
  • AS
    Antonio Shannon
    Site Superintendent · Company website · source
  • GD
    Glenn Dennis
    Site Superintendent · Company website · source
  • MD
    Mike Davis
    Site Superintendent · Company website · source
  • MS
    Melissa Shaw
    Finance Assistant · Company website · source

Advisors

  • BankingArvest 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

Arvest Bank
PPP 2020, PPP 2021
All 5,114 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$128K$129K18Arvest Bank
2/10/2021second$125K$127K18Arvest Bank

Public records

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

About Cdbl, Inc.

Cdbl, Inc. is a commercial construction company in Lawton, Oklahoma, in business since 2000. It is owned by Michael Brown (Owner/President). Its estimated annual revenue is about $12.9M, with roughly $702K of EBITDA. It has about 18 employees. Its estimated business value is $2.0M (likely range $1.0M–$2.7M).

Common questions

Who owns Cdbl, Inc.?
Cdbl, Inc. is owned by Michael Brown (Owner/President), according to public sources such as the company's website or filings.
How much revenue does Cdbl, Inc. make?
SeeBITDA estimates Cdbl, Inc.'s annual revenue at about $12.9M (likely between $8.5M and $14.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Cdbl, Inc. worth?
About $2.0M, roughly 2.8× its estimated EBITDA of $702K, typical for a commercial construction company its size. Likely range: $1.0M–$2.7M.
How many employees does Cdbl, Inc. have?
About 18, as reported on its PPP loan.
When was Cdbl, Inc. founded?
Cdbl, Inc. has been in business since 2000.