Equipment World, Inc.
How we got $5.6M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 99% 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.
Employees over time
▼ 40% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 15 | $13.7M |
| 2020 | Form 5500 | 13 | $11.8M |
| 2021 | Form 5500 | 12 | $10.9M |
| 2022 | Form 5500 | 13 | $11.8M |
| 2023 | Form 5500 | 11 | $10.0M |
| 2024 | Form 5500 | 8 | $7.3M |
| 2025 | Form 5500 | 9 | $8.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EQUIPMENT WORLD, INC. this business | $19.0M | — |
| ABERDEEN DYNAMICS LLC Catoosa · 111 employees | $132.5M | 0.7 mi |
| CISCO CONTAINERS, L.L.C. Tulsa · 4 employees | $4.1M | 0.8 mi |
| REDDY PIPE & SUPPLY INC Tulsa · 4 employees | $5.3M | 1.0 mi |
| MATTSCO SUPPLY COMPANY Tulsa · 33 employees | $36.8M | 1.8 mi |
| BUSHYHEAD SALES AND CONSULTING LLC Tulsa · 4 employees | $4.7M | 3.7 mi |
| TRANSCO SUPPLY COMPANY INC Tulsa · 11 employees | $9.9M | 3.8 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.5M |
| Estimate: the two combined (geometric mean) | $19.0M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.3M |
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 | $5.6M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.9M – $7.7M |
| Revenue range | $12.5M – $21.6M |
| EBITDA range | $856K – $1.5M |
| Industry (NAICS) | Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810) |
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 Oklahoma 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
| First Oklahoma Bank PPP 2020, PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $201K | 15 |
| 1/27/2021 | second | $240K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Equipment World, Inc.
Equipment World, Inc. is a construction and mining (except oil well) machinery and equipment merchant wholesalers company in Catoosa, Oklahoma, in business since 2000. Its estimated annual revenue is about $19.0M, with roughly $1.3M of EBITDA. It has about 9 employees. Its estimated business value is $5.6M (likely range $2.9M–$7.7M).
Common questions
- Who owns Equipment World, Inc.?
- The owner of Equipment World, 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 Equipment World, Inc. make?
- SeeBITDA estimates Equipment World, Inc.'s annual revenue at about $19.0M (likely between $12.5M and $21.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Equipment World, Inc. worth?
- About $5.6M, roughly 4.3× its estimated EBITDA of $1.3M, typical for a construction and mining (except oil well) machinery and equipment merchant wholesalers company its size. Likely range: $2.9M–$7.7M.
- How many employees does Equipment World, Inc. have?
- About 9, from its 2025 retirement-plan filing.
- When was Equipment World, Inc. founded?
- Equipment World, Inc. has been in business since 2000.