SeeBITDAOklahoma

Connally & Associates, P.C.

Accounting & tax
  • 3101 S YALE AVE, Tulsa, OK
  • Since 1999
Estimated valueLow confidence
$3.7M
$2.0Mlikely range$5.1M
About 4.3× its yearly profit, typical for a company this size in its industry.
Revenue
$5.3M
a year
Profit (EBITDA)
$863K
16% of revenue
Employees
34
reported in 2020
Owner not found yet
We haven't found the owner in public records
Some signs of a sale
connallypc.comLinkedIn
Contact
Find the owner on RocketReach Request removal or correction

How we got $3.7M

Based on its 34 employees and its payroll, both reported for PPP in 2020 and brought up to date.

34 employees × $209K each$7.1M
PPP payroll ÷ payroll's usual share of revenue$3.0M
Shown toward the top of its range×1.14
Revenue$5.3M
× 16% profit margin$863K
× 4.3 sale multiple = value$3.7M

· Own this business? Correct these figures

What we know

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

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

Connally & Company, LLC is a financial consulting firm in Tulsa offering business consulting, estate planning, business valuation, and income tax services to business leaders and individuals.

Products & services
Business ConsultingEstate PlanningBusiness ValuationIncome Tax Planning & ComplianceBusiness formation and entity selectionAccounting software setup and implementationQuickBooks training and consultationCash flow managementProfitability analysisStrategic planning for business sales and acquisitions
Markets served
Oil & GasManufacturingReal EstateProfessional AthletesFarm & Ranch
Service area
Tulsa

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

Customers & suppliers

Suppliers & brands

  • QuickBooks Online · brand it sells or installs
  • ShareFile · brand it sells or installs
  • Zoom · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Oil & gas
Manufacturing
Real estate
Farms & ranches

Estimated value over time

▲ 30% since 2020
$0$2.1M$4.3M20202026

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
CONNALLY & ASSOCIATES, P.C.
this business
$5.3M$863K—
TOM WALTERS COMPANY INC.
Tulsa · 2 employees
$273K$64K0.1 mi
Andrea E. Van Deventer
Tulsa
$736K$171K0.2 mi
K.W. DOUGLAS, LLC
Tulsa · 1 employees
$113K$26K0.7 mi
GORDON & MCCURLEY, PC
Tulsa · 3 employees
$1.1M$214K0.7 mi
PETROSOURCE LLC
Tulsa · 24 employees
$6.1M$993K0.8 mi
SULLIVAN AND ASSOCIATES PLLC
Tulsa · 6 employees
$1.9M$342K0.8 mi

The full calculation

Employees reported to the SBA34
Revenue from headcount (employees × revenue per employee for companies this size)$7.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$3.0M
Estimate: the two combined (geometric mean)$5.3M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$863K

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$3.7M
Multiple for this size and industry4.3×
Value range$2.0M – $5.1M
Revenue range$3.5M – $6.0M
EBITDA range$568K – $984K
Industry (NAICS)Offices of Certified Public Accountants (541211)

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

People & advisors

Leadership

  • TJ
    Timothy James
    Partner · Company website · source
  • MB
    Melissa Bodenstab
    Partner & Wealth Management Advisor · Company website · source
  • ML
    Melody Lewis
    Tax Director · Company website · source
  • LG
    Laurie Gnad
    Senior Tax Manager · Company website · source
  • BL
    Brett Lowe
    Tax Manager · Company website · source
  • KL
    Katrina Lakey
    Tax Manager · Company website · source
  • MB
    Mary Bechtold
    Client Relations Manager · Company website · source
  • LB
    Leah Bryce
    Office Coordinator · Company website · source
  • CM
    Carol McCloughan
    Tax Manager · Company website · source
  • MV
    Matt Veasey
    Accounting Director · Company website · source
  • JD
    Jenny Dickerson
    Tax Manager · Company website · source

Advisors

  • BankingArvest 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

Arvest Bank
PPP 2020, PPP 2021
All 5,114 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$190K$191K34Arvest Bank
1/21/2021second$190K$191K8Arvest Bank

Public records

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

About Connally & Associates, P.C.

Connally & Associates, P.C. is an accounting & tax company in Tulsa, Oklahoma, in business since 1999. Its estimated annual revenue is about $5.3M, with roughly $863K of EBITDA. It has about 34 employees. Its estimated business value is $3.7M (likely range $2.0M–$5.1M).

Common questions

Who owns Connally & Associates, P.C.?
The owner of Connally & Associates, P.C. 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 Connally & Associates, P.C. make?
SeeBITDA estimates Connally & Associates, P.C.'s annual revenue at about $5.3M (likely between $3.5M and $6.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Connally & Associates, P.C. worth?
About $3.7M, roughly 4.3× its estimated EBITDA of $863K, typical for a accounting & tax company its size. Likely range: $2.0M–$5.1M.
How many employees does Connally & Associates, P.C. have?
About 34, as reported on its PPP loan.
When was Connally & Associates, P.C. founded?
Connally & Associates, P.C. has been in business since 1999.