SeeBITDAOklahoma

Cothran Development Strategies, Inc

Corporate, Subsidiary, and Regional Managing Offices
Estimated valueLow confidence
$844K
$444Klikely range$1.2M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$625K
a year
Profit (EBITDA)
$281K
45% of revenue
Employees
10
reported in 2020
Leadership
Somerlyn Cothran
President · source · confirmed by 2 sources
Likely to sell
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $844K

Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.

10 employees × $93K each$933K
PPP payroll ÷ payroll's usual share of revenue$322K
Shown toward the top of its range×1.14
Revenue$625K
× 45% profit margin$281K
× 3 sale multiple = value$844K

· Own this business? Correct these figures

Estimated value over time

▲ 26% since 2020
$0$485K$970K20202026

Today'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

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 25 years (since 2001)
  • Founder still runs it after 25 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

Cothran Development Strategies is a full-service Association Management Company in Ada, Oklahoma that helps trade associations and non-profits with management, membership, finances and event planning. It also offers select services and corporate services to organizations that need specific operational support.

Products & services
Full-Service Association ManagementSelect ServicesCorporate ServicesOrganizational StartupExecutive ServicesBoard Management and Committee SupportGeneral AdministrationMembership and DevelopmentMeeting, Conference, Event Planning and ManagementDigital Communications and Graphic DesignFinancial Management/BookkeepingDatabase Management
Markets served
non-profitspolitical committeescorporationsstate oil and gas associations
Service area
Oklahomanational
Certifications
certified administrator of the MBTI®

From the company's website. Industry: Corporate, Subsidiary, and Regional Managing Offices.

Customers & suppliers

Customers

  • Oklahoma Energy Producers Alliance · named on its website

Possible customers nearby

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

Churches & nonprofits
Oil & gas

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
COTHRAN DEVELOPMENT STRATEGIES, INC
this business
$625K$281K—
BROADWAY VENTURES LLC
Tecumseh · 2 employees
$3.0M$1.3M34.8 mi
N & S ASSOCIATES, LLC
Tishomingo · 32 employees
$1.7M$743K39.0 mi
ROBCO ENTERPRISES, LLC
Shawnee · 2 employees
$131K$59K39.1 mi
S&N INVESTMENTS LLC
Shawnee · 2 employees
$3.0M$1.3M39.5 mi
POSITIVE IMPACT DENTAL LLC
Shawnee · 59 employees
$3.8M$1.7M41.2 mi
SHEPHARD HOLDINGS LLC
Purcell · 1 employees
$908K$409K41.5 mi

The full calculation

Employees reported to the SBA10
Revenue from headcount (employees × revenue per employee for companies this size)$933K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$322K
Estimate: the two combined (geometric mean)$625K
EBITDA margin (industry, adjusted for size)45%
EBITDA = revenue × margin$281K

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$844K
Multiple for this size and industry3×
Value range$444K – $1.2M
Revenue range$411K – $713K
EBITDA range$185K – $321K
Industry (NAICS)Corporate, Subsidiary, and Regional Managing Offices (551114)

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

History & advisors

Founded 2001 by Somerlyn Cothran
“Since founding the company in 2001, Cothran has managed hundreds of national & local fundraising efforts, national & state trade associations and has developed and ensured the ongoing success of nonprofits & political committees around the country.”

Advisors

  • BankingCitizens Bank of AdaPPP / 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

Citizens Bank of Ada
PPP 2020, PPP 2021
All 171 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$77K$77K10Citizens Bank of Ada
1/16/2021second$74K$75K10Citizens Bank of Ada

Public records

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

About Cothran Development Strategies, Inc

Cothran Development Strategies, Inc is a corporate, subsidiary, and regional managing offices company in Ada, Oklahoma, in business since 2001. It is owned by Somerlyn Cothran (President). Its estimated annual revenue is about $625K, with roughly $281K of EBITDA. It has about 10 employees. Its estimated business value is $844K (likely range $444K–$1.2M).

Common questions

Who owns Cothran Development Strategies, Inc?
Cothran Development Strategies, Inc is owned by Somerlyn Cothran (President), according to public sources such as the company's website or filings.
How much revenue does Cothran Development Strategies, Inc make?
SeeBITDA estimates Cothran Development Strategies, Inc's annual revenue at about $625K (likely between $411K and $713K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Cothran Development Strategies, Inc worth?
About $844K, roughly 3× its estimated EBITDA of $281K, typical for a corporate, subsidiary, and regional managing offices company its size. Likely range: $444K–$1.2M.
How many employees does Cothran Development Strategies, Inc have?
About 10, as reported on its PPP loan.
When was Cothran Development Strategies, Inc founded?
Cothran Development Strategies, Inc has been in business since 2001.
Is Cothran Development Strategies, Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 25 years (since 2001); founder still runs it after 25 years; no family successor named on its website.