Cornell Financial Services LLC
How we got $426K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 32 years (since 1994)
- Founder still runs it after 32 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Cornell Financial Group offers tax-free wealth strategies, centered on its Kai-Zen Method that combines tax-free wealth with life insurance cash accumulation, for Christian business owners and executives.
From the company's website. Industry: Accounting & tax.
Customers & suppliers
Suppliers & brands
- NIW Companies, Inc · brand it sells or installs
Estimated value over time
▲ 24% 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 |
|---|---|---|
| CORNELL FINANCIAL SERVICES LLC this business | $631K | — |
| CORNELL FINANCIAL SERVICE S LLC Sulphur · 5 employees | $594K | 0.0 mi |
| Jackson Hewitt Tax Service Sulphur | $736K | 0.3 mi |
| ABLA & JOLLY CPA PLLC Sulphur · 7 employees | $1.4M | 2.0 mi |
| Robin K Jolly CPA Sulphur | $736K | 2.6 mi |
| AMERICAN MEDICAL BILLING ASSOCIATION INC Davis · 4 employees | $1.0M | 5.7 mi |
| ASHLEY EVERETT CPA PLLC Wynnewood · 1 employees | $257K | 13.8 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $398K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $770K |
| Estimate: the two combined (geometric mean) | $631K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $147K |
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 | $426K |
| Multiple for this size and industry | 2.9× |
| Value range | $224K – $582K |
| Revenue range | $415K – $720K |
| EBITDA range | $97K – $167K |
| Industry (NAICS) | Tax Preparation Services (541213) |
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
“I started this business in 1994, attained certification as Certified Financial Planner™ in 1998.”
Advisors
- BankingVision 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
| Vision Bank PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $31K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cornell Financial Services LLC
Cornell Financial Services LLC is an accounting & tax company in Sulphur, Oklahoma, in business since 1994. It is owned by Kent Cornell (Tax Free Income Specialist). Its estimated annual revenue is about $631K, with roughly $147K of EBITDA. It has about 5 employees. Its estimated business value is $426K (likely range $224K–$582K).
Common questions
- Who owns Cornell Financial Services LLC?
- Cornell Financial Services LLC is owned by Kent Cornell (Tax Free Income Specialist), according to public sources such as the company's website or filings.
- How much revenue does Cornell Financial Services LLC make?
- SeeBITDA estimates Cornell Financial Services LLC's annual revenue at about $631K (likely between $415K and $720K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cornell Financial Services LLC worth?
- About $426K, roughly 2.9× its estimated EBITDA of $147K, typical for a accounting & tax company its size. Likely range: $224K–$582K.
- How many employees does Cornell Financial Services LLC have?
- About 5, as reported on its PPP loan.
- When was Cornell Financial Services LLC founded?
- Cornell Financial Services LLC has been in business since 1994.
- Is Cornell Financial Services LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 32 years (since 1994); founder still runs it after 32 years; no family successor named on its website.