Elite Equipment Company, Inc
How we got $1.1M
Based on 5 employees reported for PPP in 2020, grown 8% a year since.
Estimated value over time
▲ 103% 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.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Elite Equipment Co Inc is Oklahoma's exclusive Maytag commercial laundry distributor, offering coin-operated, multi-housing, and on-premise laundry equipment, installation, and laundry room management for commercial facilities and people starting laundromats.
From the company's website. Industry: Other Commercial Equipment Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Maytag · brand it sells or installs
- American Dryer Corp · brand it sells or installs
- ESD Payment Systems · brand it sells or installs
- Hamilton Engineering · brand it sells or installs
- Port-A-Cool · brand it sells or installs
- R & B Wire Products · brand it sells or installs
- Standard Change Machines · brand it sells or installs
- Vend-Rite Signs and Vending Machines · brand it sells or installs
- Eastern Funding · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MAGIC SERVICES, INC · Oklahoma City, 9 mi · $20.9M
- PMG ONE, L.C. · Edmond, 21 mi · $10.6M
- MONTE'S CLEANERS LLC · Oklahoma City, 13 mi · $9.9M
- EDMOND COIN OP LAUNDRY, LLC · Edmond, 20 mi · $6.0M
- COMMERCIAL LINEN SUPPLY INC · Oklahoma City, 6 mi · $5.6M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ELITE EQUIPMENT COMPANY, INC this business | $4.5M | — |
| BURGESS BUILDING COMPANY Oklahoma City · 16 employees | $14.3M | 1.5 mi |
| MERCURIUS INC. Oklahoma City · 1 employees | $896K | 1.6 mi |
| NEW HORIZONS PROPERTIES, L.L.C. Oklahoma City · 1 employees | $896K | 2.1 mi |
| JAI SIA RAM PC Oklahoma City · 9 employees | $8.1M | 2.6 mi |
| PATIENTLINK ENTERPRISES INC. Oklahoma City · 18 employees | $16.1M | 3.7 mi |
| T&C MEDICAL SERVICES, PLLC Newcastle · 2 employees | $1.8M | 4.0 mi |
Ranges & sources
| Revenue range | $3.4M – $5.8M |
| EBITDA range | $281K – $487K |
| Industry (NAICS) | Other Commercial Equipment Merchant Wholesalers (423440) |
| Value range | $652K – $1.7M |
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
“We're local, family-owned and operated in Oklahoma City for fast, efficient service you can trust.”
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, PPP 2021 | 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 |
|---|---|---|---|
| 4/5/2020 | first | $39K | 3 |
| 1/27/2021 | second | $27K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Elite Equipment Company, Inc
Elite Equipment Company, Inc is a family-owned other commercial equipment merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1999. Its estimated annual revenue is about $4.5M, with roughly $375K of EBITDA. It has about 5 employees. Its estimated business value is $1.1M (likely range $652K–$1.7M).
Common questions
- Who owns Elite Equipment Company, Inc?
- The owner of Elite Equipment Company, 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 Elite Equipment Company, Inc make?
- SeeBITDA estimates Elite Equipment Company, Inc's annual revenue at about $4.5M (likely between $3.4M and $5.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elite Equipment Company, Inc worth?
- About $1.1M, roughly 2.9× its estimated EBITDA of $375K, typical for a other commercial equipment merchant wholesalers company its size. Likely range: $652K–$1.7M.
- How many employees does Elite Equipment Company, Inc have?
- About 5, as reported on its PPP loan.
- When was Elite Equipment Company, Inc founded?
- Elite Equipment Company, Inc has been in business since 1999.