SeeBITDAOklahoma

Cimco Management Co

Residential Property Managers
  • 2102 GIBSON ST, Muskogee, OK
  • Since 2015
Estimated valueMedium confidence
$3.6M
$1.9Mlikely range$5.0M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$3.8M
a year
Profit (EBITDA)
$1.0M
26% of revenue
Employees
18
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $3.6M

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

18 employees × $176K each$3.2M
PPP payroll ÷ payroll's usual share of revenue$3.5M
Shown toward the top of its range×1.14
Revenue$3.8M
× 26% profit margin$1.0M
× 3.6 sale multiple = value$3.6M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner not found

What they do

CIMCO Management Company is a property management company offering rental housing in Oklahoma, including single family homes, apartment complexes, and senior-only complexes for residents 62 and older.

Products & services
apartment complexproperty management
Service area
Eufaula, OklahomaMiami, OklahomaMuskogee, OklahomaOkemah, OklahomaOkmulgee, Oklahoma

From the company's website. Industry: Residential Property Managers.

Estimated value over time

▲ 23% since 2020
$0$2.1M$4.2M202020212022202320242026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 17% since 2020
01020202020212022202320241815
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan18$2.2M$584K
2020Form 550016$2.0M$519K
2021Form 550015$1.8M$487K
2022Form 550015$1.8M$487K
2023Form 550013$1.6M$422K
2024Form 550015$1.8M$487K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
CIMCO MANAGEMENT CO
this business
$3.8M$1.0M—
COWANS APPRAISAL SERVICE LLC
Muskogee · 1 employees
$321K$120K0.7 mi
Housing 2000 Inc
Muskogee
$798K$299K0.9 mi
Bella Vista Village
Muskogee
$798K$299K2.1 mi
Rolling Hills MHC
Tulsa
$798K$299K2.1 mi
SOUTH YORK PLAZA LLC
Muskogee · 5 employees
$1.4M$433K2.7 mi
UNIVERSITY HEIGHTS, LLC
Muskogee · 5 employees
$1.4M$433K2.7 mi

The full calculation

Employees reported to the SBA18
Revenue from headcount (employees × revenue per employee for companies this size)$3.2M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$3.5M
Estimate: the two combined (geometric mean)$3.8M
EBITDA margin (industry, adjusted for size)26%
EBITDA = revenue × margin$1.0M

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$3.6M
Multiple for this size and industry3.6×
Value range$1.9M – $5.0M
Revenue range$2.5M – $4.4M
EBITDA range$662K – $1.1M
Industry (NAICS)Residential Property Managers (531311)

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

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020
All 7,048 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/13/2020first$135K$136K18BancFirst

Public records

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

About Cimco Management Co

Cimco Management Co is a residential property managers company in Muskogee, Oklahoma, in business since 2015. Its estimated annual revenue is about $3.8M, with roughly $1.0M of EBITDA. It has about 15 employees. Its estimated business value is $3.6M (likely range $1.9M–$5.0M).

Common questions

Who owns Cimco Management Co?
The owner of Cimco Management Co isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Cimco Management Co make?
SeeBITDA estimates Cimco Management Co's annual revenue at about $3.8M (likely between $2.5M and $4.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Cimco Management Co worth?
About $3.6M, roughly 3.6× its estimated EBITDA of $1.0M, typical for a residential property managers company its size. Likely range: $1.9M–$5.0M.
How many employees does Cimco Management Co have?
About 15, from its 2024 retirement-plan filing.
When was Cimco Management Co founded?
Cimco Management Co has been in business since 2015.