SeeBITDAOklahoma

Firstitle & Abstract Services, LLC

Other Activities Related to Real Estate
  • FirsTitle & Abstract Services, LLC, Broken Arrow, OK
  • 2 locations
  • Since 1920
  • NAICS 531390
Estimated valueMedium confidence
$35.2M
$18.5Mlikely range$48.2M
About 5.2× its yearly profit, typical for a company this size in its industry.
Revenue
$31.4M
a year
Profit (EBITDA)
$6.8M
22% of revenue
Employees
91
reported in 2020
Leadership
Alicia Cosby
President · source · confirmed by 2 sources
Likely to sell
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $35.2M

Based on its 91 employees and its payroll, both reported for PPP in 2020 and brought up to date.

91 employees × $423K each$38.5M
PPP payroll ÷ payroll's usual share of revenue$19.7M
Shown toward the top of its range×1.14
Revenue$31.4M
× 22% profit margin$6.8M
× 5.2 sale multiple = value$35.2M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named
2 locations found

Signs of a sale Likely to sell

  • In business 106 years (since 1920)
  • 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

FirsTitle & Abstract Services provides title insurance and escrow services for residential and commercial real estate transactions in Oklahoma, and has done so since 1920. It serves home buyers, home sellers, Realtors, bankers, and law firms.

Products & services
Title insuranceEscrow servicesClosing servicesAbstractingLender settlement servicesRate CalculatorMLS Statistics
Markets served
ResidentialCommercialLender settlementNational Accounts
Service area
OklahomaTulsaBroken ArrowYukonGrove, OKShawneeTahlequah

From the company's website. Industry: Other Activities Related to Real Estate.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Accounting & tax

Estimated value over time

▼ 1% since 2020
$0$20.5M$41.0M20202026

Today'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

BusinessEst. revenueEst. profitDistance
FIRSTITLE & ABSTRACT SERVICES, LLC
this business
$31.4M$6.8M—
AXTULSA REALTY GROUP LLC
Broken Arrow · 1 employees
$596K$223K1.2 mi
ATLAS PROPERTY MANAGEMENT LLC
Broken Arrow · 83 employees
$15.8M$3.4M1.4 mi
THURMOND CONSULTING, INC.
Broken Arrow · 1 employees
$447K$168K1.5 mi
SMITH BROTHERS ABSTRACT & TITLE CO, LLC
Broken Arrow · 96 employees
$30.9M$6.7M1.7 mi
MATURINO ENTERPRISES, INC.
Broken Arrow · 5 employees
$2.1M$613K1.7 mi
BA REAL ESTATE APPRAISALS LLC
Broken Arrow · 2 employees
$607K$227K1.9 mi

The full calculation

Employees reported to the SBA91
Revenue from headcount (employees × revenue per employee for companies this size)$38.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$19.7M
Estimate: the two combined (geometric mean)$31.4M
EBITDA margin (industry, adjusted for size)22%
EBITDA = revenue × margin$6.8M

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$35.2M
Multiple for this size and industry5.2×
Value range$18.5M – $48.2M
Revenue range$20.6M – $35.8M
EBITDA range$4.5M – $7.7M
Industry (NAICS)Other Activities Related to Real Estate (531390)

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

Founded 1920
“FirsTitle has been providing title insurance and escrow services for both residential and commercial transactions in Oklahoma and around the country since 1920.”

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$886K$895K91BancFirst

2 locations

FirsTitle & Abstract Services, LLCBroken ArrowThis listing
9136 S Sheridan RdTulsaView

Revenue, profit and value are for the whole company.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Firstitle & Abstract Services, LLC

Firstitle & Abstract Services, LLC is an other activities related to real estate company in Broken Arrow, Oklahoma, in business since 1920. It is owned by Alicia Cosby (President). Its estimated annual revenue is about $31.4M, with roughly $6.8M of EBITDA. It has about 91 employees. Its estimated business value is $35.2M (likely range $18.5M–$48.2M). It has 2 locations.

Common questions

Who owns Firstitle & Abstract Services, LLC?
Firstitle & Abstract Services, LLC is owned by Alicia Cosby (President), according to public sources such as the company's website or filings.
How much revenue does Firstitle & Abstract Services, LLC make?
SeeBITDA estimates Firstitle & Abstract Services, LLC's annual revenue at about $31.4M (likely between $20.6M and $35.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Firstitle & Abstract Services, LLC worth?
About $35.2M, roughly 5.2× its estimated EBITDA of $6.8M, typical for a other activities related to real estate company its size. Likely range: $18.5M–$48.2M.
How many employees does Firstitle & Abstract Services, LLC have?
About 91, as reported on its PPP loan.
When was Firstitle & Abstract Services, LLC founded?
Firstitle & Abstract Services, LLC has been in business since 1920.
Is Firstitle & Abstract Services, LLC for sale?
There's no public listing, but it shows signs that often come before a sale: in business 106 years (since 1920); no family successor named on its website.