Classic Development Co., LLC
How we got $281K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 35% 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 |
|---|---|---|
| CLASSIC DEVELOPMENT CO., LLC this business | $375K | — |
| COUNTY RECORDS Owasso · 5 employees | $2.0M | 1.1 mi |
| TED WATSON'S FOUNDATION APPRAISAL, LLC Owasso · 1 employees | $359K | 1.2 mi |
| CHARNEY PROPERTIES, INC. Owasso · 1 employees | $536K | 1.3 mi |
| BONNIE GROSS LLC Owasso · 1 employees | $553K | 1.4 mi |
| POOPSIE CORP Owasso · 1 employees | $633K | 1.4 mi |
| PLATINUM GROUP, INC. Owasso · 3 employees | $1.0M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $319K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $340K |
| Estimate: the two combined (geometric mean) | $375K |
| EBITDA margin (industry, adjusted for size) | 37% |
| EBITDA = revenue × margin | $141K |
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 | $281K |
| Multiple for this size and industry | 2× |
| Value range | $148K – $385K |
| Revenue range | $247K – $428K |
| EBITDA range | $92K – $160K |
| Industry (NAICS) | Nonresidential Property Managers (531312) |
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
- BankingFirst Bank of OwassoPPP / 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 Roles are as stated there and may be out of date.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
| First Bank of Owasso PPP 2020 | All 426 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/1/2020 | first | $10K | 1 |
About Classic Development Co., LLC
Classic Development Co., LLC is a nonresidential property managers company in Owasso, Oklahoma. Its estimated annual revenue is about $375K, with roughly $141K of EBITDA. It has about 1 employees. Its estimated business value is $281K (likely range $148K–$385K).
Common questions
- Who owns Classic Development Co., LLC?
- The owner of Classic Development Co., LLC 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 Classic Development Co., LLC make?
- SeeBITDA estimates Classic Development Co., LLC's annual revenue at about $375K (likely between $247K and $428K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Classic Development Co., LLC worth?
- About $281K, roughly 2× its estimated EBITDA of $141K, typical for a nonresidential property managers company its size. Likely range: $148K–$385K.
- How many employees does Classic Development Co., LLC have?
- About 1, as reported on its PPP loan.