Delaware West Inc
How we got $236K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 26% 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 |
|---|---|---|
| DELAWARE WEST INC this business | $592K | — |
| COURTESY TRANSPORT LLC Oklahoma City | $4.4M | 11.5 mi |
| THE GARY COLVIN CO., INC Oklahoma City · 9 employees | $1.6M | 12.2 mi |
| SUNSET COURIER INC Oklahoma City · 15 employees | $1.7M | 13.4 mi |
| SUNSHINE EXPRESS LOGISTICS,LLC Oklahoma | $8.9M | 14.6 mi |
| FOOD BUSINESS Midwest City · 1 employees | $201K | 15.1 mi |
| LGL DELIVERY INC Edmond | $1.3M | 16.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $493K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $548K |
| Estimate: the two combined (geometric mean) | $592K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $91K |
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 | $236K |
| Multiple for this size and industry | 2.6× |
| Value range | $124K – $322K |
| Revenue range | $390K – $676K |
| EBITDA range | $60K – $103K |
| Industry (NAICS) | Local Messengers and Local Delivery (492210) |
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
Advisors
- BankingFirst Bethany Bank & TrustPPP / 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 Roles are as stated there and may be out of date.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
| First Bethany Bank & Trust PPP 2020 | All 186 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $18K | 2 |
About Delaware West Inc
Delaware West Inc is a local messengers and local delivery company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $592K, with roughly $91K of EBITDA. It has about 2 employees. Its estimated business value is $236K (likely range $124K–$322K).
Common questions
- Who owns Delaware West Inc?
- The owner of Delaware West Inc 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 Delaware West Inc make?
- SeeBITDA estimates Delaware West Inc's annual revenue at about $592K (likely between $390K and $676K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Delaware West Inc worth?
- About $236K, roughly 2.6× its estimated EBITDA of $91K, typical for a local messengers and local delivery company its size. Likely range: $124K–$322K.
- How many employees does Delaware West Inc have?
- About 2, as reported on its PPP loan.