Custom Coatings of Broken Arro
How we got $5.0M
Based on its 11 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 39 years (since 1987)
- Founder still runs it after 39 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
Custom Coatings, Inc. is a leader in industrial protective coatings, including powdercoating and dipspin, providing in-house coating services for a wide range of issues. It also offers lab testing and research and development for coating solutions.
From the company's website. Industry: Paint and Coating Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ONEOK, Inc. · Tulsa, 20 mi · $33.63B
- Helmerich & Payne · Tulsa, 20 mi · $3.75B
- EXPLORER PIPELINE COMPANY · Tulsa, 16 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 17 mi · $467.8M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 20 mi · $326.8M
- OIL CAPITAL ELECTRIC LLC · Broken Arrow, 10 mi · $79.3M
- COLBURN ELECTRIC, LLC · Broken Arrow, 8 mi · $44.4M
- ELECTRICAL ALLIANCE LLC · Sand Springs, 31 mi · $39.4M
- LIGHTHOUSE ELECTRIC LLC · Tulsa, 19 mi · $37.0M
- THIRD GENERATION ELECTRICAL IN · Tulsa, 20 mi · $33.0M
Estimated value over time
▲ 38% 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 |
|---|---|---|
| CUSTOM COATINGS OF BROKEN ARRO this business | $9.7M | — |
| LASTER/CASTOR CORPORATION Tulsa · 6 employees | $4.5M | 13.3 mi |
| RESOLUTION POLYMERS LLC Tulsa | $1.6M | 15.7 mi |
| ANCHOR PAINT MFG. CO. INC Tulsa · 60 employees | $43.7M | 16.0 mi |
| SOONER COATING, LLC Catoosa · 13 employees | $9.6M | 17.0 mi |
| APEX INDUSTRIES, INC Tulsa · 70 employees | $53.9M | 17.1 mi |
| TULSA POWDER COATING, INC Tulsa · 10 employees | $5.7M | 17.3 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.6M |
| Estimate: the two combined (geometric mean) | $9.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.0M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.6M – $6.8M |
| Revenue range | $6.4M – $11.1M |
| EBITDA range | $726K – $1.3M |
| Industry (NAICS) | Paint and Coating Manufacturing (325510) |
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
“Custom Coatings, Inc. was founded by our President, Edward Pearce, and opened for business in 1987.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 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 | $165K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Custom Coatings of Broken Arro
Custom Coatings of Broken Arro is a family-owned paint and coating manufacturing company in Coweta, Oklahoma, in business since 1987. It is owned by Edward Pearce (President). Its estimated annual revenue is about $9.7M, with roughly $1.1M of EBITDA. It has about 11 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.8M).
Common questions
- Who owns Custom Coatings of Broken Arro?
- Custom Coatings of Broken Arro is owned by Edward Pearce (President), according to public sources such as the company's website or filings.
- How much revenue does Custom Coatings of Broken Arro make?
- SeeBITDA estimates Custom Coatings of Broken Arro's annual revenue at about $9.7M (likely between $6.4M and $11.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Custom Coatings of Broken Arro worth?
- About $5.0M, roughly 4.5× its estimated EBITDA of $1.1M, typical for a paint and coating manufacturing company its size. Likely range: $2.6M–$6.8M.
- How many employees does Custom Coatings of Broken Arro have?
- About 11, as reported on its PPP loan.
- When was Custom Coatings of Broken Arro founded?
- Custom Coatings of Broken Arro has been in business since 1987.
- Is Custom Coatings of Broken Arro for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 39 years (since 1987); founder still runs it after 39 years; no family successor named on its website.