SeeBITDAOklahoma

Coral Swimming Pool Supply Co.

Retail Trade
  • 2315 E 69TH ST, Tulsa, OK
  • Since 1955
Estimated valueMedium confidence
$1.6M
$861Klikely range$2.2M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$6.6M
a year
Profit (EBITDA)
$546K
8% of revenue
Employees
12
reported in 2020
Russell Haas
Founder · source
Likely to sell

How we got $1.6M

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

12 employees × $425K each$5.1M
PPP payroll ÷ payroll's usual share of revenue$6.6M
Shown toward the top of its range×1.14
Revenue$6.6M
× 8% profit margin$546K
× 3 sale multiple = value$1.6M

· 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 Likely to sell

  • In business 71 years (since 1955)
  • Founder still runs it after 71 years
  • Family in the business (Steve Haas, Son of founder who continued the excellence and expanded the)

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

What they do

Coral Swimming Pool Supply Co. is a locally owned pool store in Tulsa, OK, serving pool owners with products and pool services since 1955.

Products & services
Pool servicesPool winterizingPool openingPool pump repair and replacementPool filter repair and replacementPool heater repair and replacementSpa pump servicesSpa filter servicesPool automation repair and replacementSalt sanitizing system servicesChlorinator sanitation system servicesTimer repair
Service area
Tulsa, OK

From the company's website. Industry: Retail Trade.

Customers & suppliers

Suppliers & brands

  • Pentair · brand it sells or installs
  • Dolphin · brand it sells or installs
  • Anchor Safety Covers · brand it sells or installs
  • BULL BBQ · brand it sells or installs

Estimated value over time

▲ 17% since 2020
$0$941K$1.9M20202026

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
CORAL SWIMMING POOL SUPPLY CO.
this business
$6.6M$546K—
SOUTHSIDE AUCTION CO.
Tulsa · 5 employees
$3.1M$278K0.7 mi
CHALNICIA GIBSON
Tulsa · 1 employees
$654K$77K1.6 mi
LAVENDERS BLEU LITERACY MARKET LLC
Tulsa · 12 employees
$6.0M$498K1.7 mi
ALLEGRO KEYBOARD INC
Tulsa · 3 employees
$2.2M$198K1.8 mi
RB INSPIRED DESIGNS LLC
Tulsa · 1 employees
$732K$86K1.8 mi
BLACKSTONE & DRAKE, LLC
Tulsa · 3 employees
$1.9M$176K2.1 mi

The full calculation

Employees reported to the SBA12
Revenue from headcount (employees × revenue per employee for companies this size)$5.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$6.6M
Estimate: the two combined (geometric mean)$6.6M
EBITDA margin (industry, adjusted for size)8%
EBITDA = revenue × margin$546K

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$1.6M
Multiple for this size and industry3×
Value range$861K – $2.2M
Revenue range$4.3M – $7.5M
EBITDA range$359K – $622K
Industry (NAICS)Retail Trade (453998)

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: approximate sector default. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Founded 1955 by Russell Haas
“Founded in 1955 by Russell Haas, we began by building swimming pools and spas becoming nationally recognized for out innovation and design.”

Leadership

  • SH
    Steve Haas
    Son of founder who continued the excellence and expanded the · Company website · source
  • TW
    Ty Wilson
    Leader who took responsibility in 2019 · Company website · source

Advisors

  • BankingAmerican 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

American Bank and Trust Company
PPP 2020
All 117 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$105K$106K12American Bank and Trust Company

Public records

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

About Coral Swimming Pool Supply Co.

Coral Swimming Pool Supply Co. is a retail trade company in Tulsa, Oklahoma, in business since 1955. It is owned by Russell Haas (Founder). Its estimated annual revenue is about $6.6M, with roughly $546K of EBITDA. It has about 12 employees. Its estimated business value is $1.6M (likely range $861K–$2.2M).

Common questions

Who owns Coral Swimming Pool Supply Co.?
Coral Swimming Pool Supply Co. is owned by Russell Haas (Founder), according to public sources such as the company's website or filings.
How much revenue does Coral Swimming Pool Supply Co. make?
SeeBITDA estimates Coral Swimming Pool Supply Co.'s annual revenue at about $6.6M (likely between $4.3M and $7.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Coral Swimming Pool Supply Co. worth?
About $1.6M, roughly 3× its estimated EBITDA of $546K, typical for a retail trade company its size. Likely range: $861K–$2.2M.
How many employees does Coral Swimming Pool Supply Co. have?
About 12, as reported on its PPP loan.
When was Coral Swimming Pool Supply Co. founded?
Coral Swimming Pool Supply Co. has been in business since 1955.
Is Coral Swimming Pool Supply Co. for sale?
There's no public listing, but it shows signs that often come before a sale: in business 71 years (since 1955); founder still runs it after 71 years; family in the business (steve haas, son of founder who continued the excellence and expanded the).