SeeBITDAOklahoma

Chrisman & Chrisman Financial Services, Inc.

  • 4525 N May Ave, Oklahoma City, OK
  • Since 1999
  • Family-owned
  • NAICS 541213
Estimated valueLow confidence
$971K
$511Klikely range$1.3M
About 3.5× its yearly profit, typical for a company this size in its industry.
Revenue
$1.5M
a year
Profit (EBITDA)
$277K
18% of revenue
Employees
12
reported in 2020
Leadership
DRAKE PAY
Owner · source
Some signs of a sale
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.
Contact

How we got $971K

Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.

12 employees × $72K each$869K
PPP payroll ÷ payroll's usual share of revenue$2.1M
Shown toward the top of its range×1.14
Revenue$1.5M
× 18% profit margin$277K
× 3.5 sale multiple = value$971K

· 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 27 years (since 1999)

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

What they do

Chrisman + Chrisman is an accounting and tax firm in Oklahoma City, OK that provides bookkeeping, payroll, tax and business counseling services to small businesses.

Products & services
Business CounselingBookkeeping ServicesPayroll ServicesTax Preparation/PlanningTax Return FilingEstimated TaxesPayroll TaxesExtensionsMonthly Operating StatementsGeneral Ledger ReportsBalance SheetsBank Reconciliation
Markets served
small businesses
Service area
Oklahoma City, OK

From the company's website. Industry: Accounting & tax.

Estimated value over time

▲ 24% since 2020
$0$558K$1.1M20202026

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
CHRISMAN & CHRISMAN FINANCIAL SERVICES, INC.
this business
$1.5M$277K—
KEITH STINGLEY, CERTIFIED PUBLIC ACCOUNTANT, INC. P.C.
Oklahoma City · 4 employees
$909K$180K0.4 mi
NASH & COMPANY, PC
Oklahoma City · 3 employees
$645K$150K0.4 mi
BRAWE AND COMPANY
Oklahoma City · 4 employees
$835K$166K0.6 mi
SEADOG ACCOUNTING LLC
Oklahoma City · 2 employees
$298K$69K0.7 mi
PETERS & CHANDLER, P.C.
Oklahoma City · 27 employees
$6.9M$1.1M0.7 mi
SARAH SAGRAN CPA PLLC
Oklahoma City · 1 employees
$231K$54K0.7 mi

The full calculation

Employees reported to the SBA12
Revenue from headcount (employees × revenue per employee for companies this size)$869K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.1M
Estimate: the two combined (geometric mean)$1.5M
EBITDA margin (industry, adjusted for size)18%
EBITDA = revenue × margin$277K

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$971K
Multiple for this size and industry3.5×
Value range$511K – $1.3M
Revenue range$1.0M – $1.8M
EBITDA range$182K – $316K
Industry (NAICS)Tax Preparation Services (541213)

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

History & advisors

Family-owned

Advisors

  • BankingInterBankPPP / 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

InterBank
PPP 2020
All 585 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$91K$92K12InterBank

Public records

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

About Chrisman & Chrisman Financial Services, Inc.

Chrisman & Chrisman Financial Services, Inc. is a family-owned accounting & tax company in Oklahoma City, Oklahoma, in business since 1999. It is owned by DRAKE PAY. Its estimated annual revenue is about $1.5M, with roughly $277K of EBITDA. It has about 12 employees. Its estimated business value is $971K (likely range $511K–$1.3M).

Common questions

Who owns Chrisman & Chrisman Financial Services, Inc.?
Chrisman & Chrisman Financial Services, Inc. is owned by DRAKE PAY, according to public sources such as the company's website or filings.
How much revenue does Chrisman & Chrisman Financial Services, Inc. make?
SeeBITDA estimates Chrisman & Chrisman Financial Services, Inc.'s annual revenue at about $1.5M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Chrisman & Chrisman Financial Services, Inc. worth?
About $971K, roughly 3.5× its estimated EBITDA of $277K, typical for a accounting & tax company its size. Likely range: $511K–$1.3M.
How many employees does Chrisman & Chrisman Financial Services, Inc. have?
About 12, as reported on its PPP loan.
When was Chrisman & Chrisman Financial Services, Inc. founded?
Chrisman & Chrisman Financial Services, Inc. has been in business since 1999.