Ernie Graves Company Inc
How we got $1.2M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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 Likely to sell
- In business 71 years (since 1955)
- 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
Ernie Graves Company was a manufacturers' representative organization that provided industrial instrumentation for analyzing, measuring, and controlling critical process applications. The company has ceased operations and the site now serves as a historical record (1955–2021).
From the company's website. Industry: All Other General Purpose Machinery Manufacturing.
Customers & suppliers
Suppliers & brands
- Brooks Instrument · brand it sells or installs
- Controlotron · brand it sells or installs
- Faure Herman · brand it sells or installs
- Kahn Instruments · brand it sells or installs
- Kurz Instruments · brand it sells or installs
- Siemens Process Instrumentation · brand it sells or installs
- Siemens Analytical Products · brand it sells or installs
- Warren Controls · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ERNIE GRAVES COMPANY INC this business | $2.7M | — |
| RANGER PUMP LLC Tulsa · 2 employees | $1.3M | 0.5 mi |
| LARKIN PRODUCTS LLC Tulsa · 8 employees | $5.5M | 0.6 mi |
| FISHER PRODUCTS, L.L.C Tulsa · 42 employees | $25.1M | 1.5 mi |
| PIPECUTTER MANUFACTURING LLC Tulsa · 2 employees | $688K | 2.3 mi |
| Scfm Compression Systems Tulsa | $3.0M | 3.0 mi |
| AVERY BARRON INDUSTRIES, LLC Tulsa · 30 employees | $12.4M | 4.5 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $2.7M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $371K |
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 | $1.2M |
| Multiple for this size and industry | 3.2× |
| Value range | $625K – $1.6M |
| Revenue range | $1.8M – $3.0M |
| EBITDA range | $244K – $423K |
| Industry (NAICS) | All Other General Purpose Machinery Manufacturing (333999) |
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
“I remain proud of what three generations of our family built and grateful for the relationships that continue well beyond Ernie Graves Company.”
Advisors
- BankingFirst Pryority Bank, BOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2021 | All 2,399 borrowers → |
| First Pryority Bank PPP 2020 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $73K | 6 |
| 3/24/2021 | second | $81K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ernie Graves Company Inc
Ernie Graves Company Inc is an all other general purpose machinery manufacturing company in Tulsa, Oklahoma, in business since 1955. It is owned by Colby Graves (Former President & CEO). Its estimated annual revenue is about $2.7M, with roughly $371K of EBITDA. It has about 6 employees. Its estimated business value is $1.2M (likely range $625K–$1.6M).
Common questions
- Who owns Ernie Graves Company Inc?
- Ernie Graves Company Inc is owned by Colby Graves (Former President & CEO), according to public sources such as the company's website or filings.
- How much revenue does Ernie Graves Company Inc make?
- SeeBITDA estimates Ernie Graves Company Inc's annual revenue at about $2.7M (likely between $1.8M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ernie Graves Company Inc worth?
- About $1.2M, roughly 3.2× its estimated EBITDA of $371K, typical for a all other general purpose machinery manufacturing company its size. Likely range: $625K–$1.6M.
- How many employees does Ernie Graves Company Inc have?
- About 6, as reported on its PPP loan.
- When was Ernie Graves Company Inc founded?
- Ernie Graves Company Inc has been in business since 1955.
- Is Ernie Graves Company Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 71 years (since 1955); no family successor named on its website.