Cole Equipment & Rental, LLC.
How we got $1.0M
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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.
What we know
What they do
Cole Equipment True Value is a rental destination for large equipment, hardware and tools in North Miami, OK. It serves contractors, DIY customers, landscaping and moving needs, and home and office needs.
From the company's website. Industry: Other Commercial and Industrial Machinery and Equipment Rental and Leasing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BACCO TREE SERVICE INC · Owasso, 70 mi · $37.6M
- RIGGS CONTRACT SERVICES, LLC · Grove, 22 mi · $36.7M
- KEY MAINTENANCE INC · Chouteau, 59 mi · $29.0M
- HARDIN STAFFING LLC · Collinsville, 64 mi · $23.3M
- PRO-MOW LAWN AND LANDSCAPE, LLC · Tulsa, 76 mi · $16.6M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COLE EQUIPMENT & RENTAL, LLC. this business | $747K | — |
| PORTABLE RESTROOMS OF OKLAHOMA LLC Pryor · 2 employees | $624K | 51.1 mi |
| HAMPSHIRE INDUSTRIAL SERVICES, INC. Inola · 4 employees | $2.2M | 62.3 mi |
| MJM LEASING LLC Inola · 1 employees | $559K | 65.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $919K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $466K |
| Estimate: the two combined (geometric mean) | $747K |
| EBITDA margin (industry, adjusted for size) | 45% |
| EBITDA = revenue × margin | $336K |
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 | $1.0M |
| Multiple for this size and industry | 3× |
| Value range | $530K – $1.4M |
| Revenue range | $491K – $851K |
| EBITDA range | $221K – $383K |
| Industry (NAICS) | Other Commercial and Industrial Machinery and Equipment Rental and Leasing (532490) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingSecurity Bank and Trust CompanyPPP / 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
| Security Bank and Trust Company PPP 2020, PPP 2021 | All 36 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $11K | 2 |
| 3/16/2021 | second | $15K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cole Equipment & Rental, LLC.
Cole Equipment & Rental, LLC. is an other commercial and industrial machinery and equipment rental and leasing company in North Miami, Oklahoma, in business since 2017. Its estimated annual revenue is about $747K, with roughly $336K of EBITDA. It has about 2 employees. Its estimated business value is $1.0M (likely range $530K–$1.4M).
Common questions
- Who owns Cole Equipment & Rental, LLC.?
- The owner of Cole Equipment & Rental, 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 Cole Equipment & Rental, LLC. make?
- SeeBITDA estimates Cole Equipment & Rental, LLC.'s annual revenue at about $747K (likely between $491K and $851K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cole Equipment & Rental, LLC. worth?
- About $1.0M, roughly 3× its estimated EBITDA of $336K, typical for a other commercial and industrial machinery and equipment rental and leasing company its size. Likely range: $530K–$1.4M.
- How many employees does Cole Equipment & Rental, LLC. have?
- About 2, as reported on its PPP loan.
- When was Cole Equipment & Rental, LLC. founded?
- Cole Equipment & Rental, LLC. has been in business since 2017.