Fenix Equipment Co
How we got $953K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 4% 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 34 years (since 1992)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FENIX EQUIPMENT CO this business | $1.9M | — |
| FLUID CONTROLS INC Tulsa · 13 employees | $5.1M | 7.1 mi |
| OKLAHOMA SHAMROCK SALES INC Tulsa · 15 employees | $5.9M | 7.5 mi |
| SHEN TE ENTERPRISES INC. Tulsa · 27 employees | $11.1M | 8.1 mi |
| TANK SPECIALITIES, INC. Tulsa · 12 employees | $5.0M | 10.0 mi |
| HOUSTON BROTHERS, INC. Broken Arrow · 2 employees | $919K | 10.6 mi |
| OPTICAL WORKS CORPORATION Muskogee · 9 employees | $4.0M | 33.6 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $298K |
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 | $953K |
| Multiple for this size and industry | 3.2× |
| Value range | $502K – $1.3M |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $196K – $340K |
| Industry (NAICS) | Commercial and Service Industry Machinery Manufacturing (333318) |
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 were founded in 1992 with the desire to become the premier international supplier of industrial products.”
Advisors
- BankingJPMorgan Chase Bank, 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
| JPMorgan Chase Bank, National Association PPP 2020, PPP 2021 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/2/2020 | first | $53K | 4 |
| 3/17/2021 | second | $47K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Fenix Equipment Co
Fenix Equipment Co is a commercial and service industry machinery manufacturing company in Tulsa, Oklahoma, in business since 1992. Its estimated annual revenue is about $1.9M, with roughly $298K of EBITDA. It has about 4 employees. Its estimated business value is $953K (likely range $502K–$1.3M).
Common questions
- Who owns Fenix Equipment Co?
- The owner of Fenix Equipment Co 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 Fenix Equipment Co make?
- SeeBITDA estimates Fenix Equipment Co's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fenix Equipment Co worth?
- About $953K, roughly 3.2× its estimated EBITDA of $298K, typical for a commercial and service industry machinery manufacturing company its size. Likely range: $502K–$1.3M.
- How many employees does Fenix Equipment Co have?
- About 4, as reported on its PPP loan.
- When was Fenix Equipment Co founded?
- Fenix Equipment Co has been in business since 1992.