Cherokee Temps, Inc
How we got $15.2M
Based on its 375 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 40 years (since 1986)
- 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
Cherokee Temps, Inc. is a full-service staffing, recruiting, and payrolling firm serving the industrial, construction, and administrative fields. It helps job seekers find temporary, temp-to-hire, and full-time work and helps employers find talent.
From the company's website. Industry: Staffing & recruiting.
Customers & suppliers
Customers
- Acme Engineering and Manufacturing · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- THE HAWTHORN GROUP, INC. · Tulsa, 42 mi · $437.3M
- CUSTOM COMMODITIES, INC · Vinita, 61 mi · $136.9M
- EAGLE REDI-MIX CONCRETE LLC · Tulsa, 45 mi · $111.7M
- JCT HOLDING CO LLC · Sapulpa, 51 mi · $101.5M
- AIRGAS NITROGEN SERVICES LLC · Mcalester, 59 mi · $87.5M
Estimated value over time
▲ 25% 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 |
|---|---|---|
| CHEROKEE TEMPS, INC this business | $31.5M | — |
| PREMIER USA INC Muskogee · 45 employees | $4.4M | 1.7 mi |
| DRAKE NELSON, LLC Muskogee · 483 employees | $48.9M | 1.9 mi |
| A&K MANUFACTURING SERVICES, LLC Tahlequah · 5 employees | $1.0M | 29.5 mi |
| M & M SALES, INC. Broken Arrow · 2 employees | $358K | 31.7 mi |
| DMD, INC. Broken Arrow · 436 employees | $33.9M | 33.3 mi |
| FORTUNE ENTERPRISES INC Broken Arrow · 3 employees | $721K | 33.7 mi |
The full calculation
| Employees reported to the SBA | 375 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $31.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.0M |
| Estimate: the two combined (geometric mean) | $31.5M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.8M |
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 | $15.2M |
| Multiple for this size and industry | 5.5× |
| Value range | $8.0M – $20.8M |
| Revenue range | $20.7M – $35.9M |
| EBITDA range | $1.8M – $3.2M |
| Industry (NAICS) | Temporary Help Services (561320) |
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
“In 1986, Cherokee Temps, Inc. was founded to provide top-tier staffing and payroll services to the Chickasha and Muskogee areas.”
Leadership
- HFHaylee FulpsHuman Resources, Manager · Company website · source
- DWDachelle WardBranch Manager · Company website · source
- LNLavenia NiedermeierBranch Manager · Company website · source
Advisors
- BankingAVB 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
| AVB Bank PPP 2020 | All 309 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $1.8M | 375 |
2 locations
| 928 N YORK ST | Muskogee | This listing |
| 1728 S 4th St #5901 | Chickasha | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cherokee Temps, Inc
Cherokee Temps, Inc is a staffing & recruiting company in Muskogee, Oklahoma, in business since 1986. It is owned by John Randolph (President). Its estimated annual revenue is about $31.5M, with roughly $2.8M of EBITDA. It has about 375 employees. Its estimated business value is $15.2M (likely range $8.0M–$20.8M). It has 2 locations.
Common questions
- Who owns Cherokee Temps, Inc?
- Cherokee Temps, Inc is owned by John Randolph (President), according to public sources such as the company's website or filings.
- How much revenue does Cherokee Temps, Inc make?
- SeeBITDA estimates Cherokee Temps, Inc's annual revenue at about $31.5M (likely between $20.7M and $35.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cherokee Temps, Inc worth?
- About $15.2M, roughly 5.5× its estimated EBITDA of $2.8M, typical for a staffing & recruiting company its size. Likely range: $8.0M–$20.8M.
- How many employees does Cherokee Temps, Inc have?
- About 375, as reported on its PPP loan.
- When was Cherokee Temps, Inc founded?
- Cherokee Temps, Inc has been in business since 1986.
- Is Cherokee Temps, Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 40 years (since 1986); no family successor named on its website.