Eve Bit Sales, Inc.
How we got $5.0M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EVE BIT SALES, INC. this business | $8.3M | — |
| JWC INVESTMENTS, INC. Edmond · 2 employees | $1.9M | 1.0 mi |
| COVINGTON CONSTRUCTION INC Edmond · 3 employees | $2.3M | 1.2 mi |
| LEGACY RESOURCES, L.L.C. Edmond · 1 employees | $955K | 2.4 mi |
| L & O PUMP & SUPPLY INC Edmond · 15 employees | $10.4M | 2.8 mi |
| HOUSE OF VACUUMS INC Edmond · 2 employees | $2.1M | 2.8 mi |
| APPLIED OIL TOOLS LLC Edmond · 55 employees | $42.7M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.4M |
| Estimate: the two combined (geometric mean) | $8.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.0M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.6M – $6.8M |
| Revenue range | $5.5M – $9.4M |
| EBITDA range | $693K – $1.2M |
| Industry (NAICS) | Oil and Gas Field Machinery and Equipment Manufacturing (333132) |
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
- BankingWatermark 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 Roles are as stated there and may be out of date.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
| Watermark Bank PPP 2020, PPP 2021 | All 109 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $191K | 9 |
| 1/27/2021 | second | $193K | 9 |
About Eve Bit Sales, Inc.
Eve Bit Sales, Inc. is an oil and gas field machinery and equipment manufacturing company in Edmond, Oklahoma. Its estimated annual revenue is about $8.3M, with roughly $1.1M of EBITDA. It has about 9 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.8M).
Common questions
- Who owns Eve Bit Sales, Inc.?
- The owner of Eve Bit Sales, 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 Eve Bit Sales, Inc. make?
- SeeBITDA estimates Eve Bit Sales, Inc.'s annual revenue at about $8.3M (likely between $5.5M and $9.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Eve Bit Sales, Inc. worth?
- About $5.0M, roughly 4.7× its estimated EBITDA of $1.1M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $2.6M–$6.8M.
- How many employees does Eve Bit Sales, Inc. have?
- About 9, as reported on its PPP loan.