Empire Elevators, LLC
How we got $435K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 39% 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
What they do
Empire Elevators is a locally owned and operated elevator company in Tulsa, Oklahoma, offering service, installation, repair and modernization for elevators and escalators in multi-story buildings.
From the company's website. Industry: Other Building Equipment Contractors.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EMPIRE ELEVATORS, LLC this business | $2.0M | — |
| AMERICAN EAGLE LIGHTING ENTERPRISE LLC Tulsa · 10 employees | $2.4M | 0.1 mi |
| AMERICAN EAGLE LIGHTING ENTERPRISES LLC Tulsa · 8 employees | $2.0M | 0.1 mi |
| Hendrick Heat And Air Tulsa | $1.9M | 0.6 mi |
| Allied Refrigeration of Tulsa Tulsa | $1.9M | 0.7 mi |
| ALLIED REFRIGERATON OF TULSA, INC. Tulsa · 23 employees | $9.4M | 0.7 mi |
| ELEMENTAL AIR & REFRIGERATION LLC Tulsa · 4 employees | $1.1M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $229K |
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 | $435K |
| Multiple for this size and industry | 1.9× |
| Value range | $229K – $596K |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $151K – $261K |
| Industry (NAICS) | Other Building Equipment Contractors (238290) |
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
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $27K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Empire Elevators, LLC
Empire Elevators, LLC is an other building equipment contractors company in Tulsa, Oklahoma, in business since 2018. Its estimated annual revenue is about $2.0M, with roughly $229K of EBITDA. It has about 4 employees. Its estimated business value is $435K (likely range $229K–$596K).
Common questions
- Who owns Empire Elevators, LLC?
- The owner of Empire Elevators, LLC 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 Empire Elevators, LLC make?
- SeeBITDA estimates Empire Elevators, LLC's annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Empire Elevators, LLC worth?
- About $435K, roughly 1.9× its estimated EBITDA of $229K, typical for a other building equipment contractors company its size. Likely range: $229K–$596K.
- How many employees does Empire Elevators, LLC have?
- About 4, as reported on its PPP loan.
- When was Empire Elevators, LLC founded?
- Empire Elevators, LLC has been in business since 2018.