SeeBITDAOklahoma

Frances #1 Realty LLC

Offices of Real Estate Agents and Brokers
  • 1110 K St NW, Ardmore, OK
  • Since 2016
Estimated valueMedium confidence
$399K
$210Klikely range$546K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$532K
a year
Profit (EBITDA)
$199K
37% of revenue
Employees
1
reported in 2020
Carlene Gragg
Broker/Owner · source

How we got $399K

Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.

1 employees × $468K each$468K
PPP payroll ÷ payroll's usual share of revenue$466K
Shown toward the top of its range×1.14
Revenue$532K
× 37% profit margin$199K
× 2 sale multiple = value$399K

· Own this business? Correct these figures

What we know

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

Estimated value over time

▲ 40% since 2020
$0$229K$459K20202026

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
FRANCES #1 REALTY LLC
this business
$532K$199K—
Carlene Gragg
Ardmore
$959K$306K0.0 mi
Priority Real Estate
Ardmore
$959K$306K0.4 mi
KHALADJ ENTERPRISES, INC.
Ardmore · 1 employees
$509K$190K0.4 mi
1 Oak Real Estate
Ardmore
$959K$306K0.5 mi
MARCUS CUNNINGHAM LLC
Ardmore · 1 employees
$813K$260K0.6 mi
Turn Key Real Estate
Ardmore
$959K$306K0.6 mi

The full calculation

Employees reported to the SBA1
Revenue from headcount (employees × revenue per employee for companies this size)$468K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$466K
Estimate: the two combined (geometric mean)$532K
EBITDA margin (industry, adjusted for size)37%
EBITDA = revenue × margin$199K

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$399K
Multiple for this size and industry2×
Value range$210K – $546K
Revenue range$350K – $607K
EBITDA range$131K – $227K
Industry (NAICS)Offices of Real Estate Agents and Brokers (531210)

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 Bank and Trust CoPPP / 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 Bank and Trust Co
PPP 2020
All 694 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/7/2020first$8K$8K1First Bank and Trust Co

Public records

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

About Frances #1 Realty LLC

Frances #1 Realty LLC is an offices of real estate agents and brokers company in Ardmore, Oklahoma, in business since 2016. It is owned by Carlene Gragg (Broker/Owner). Its estimated annual revenue is about $532K, with roughly $199K of EBITDA. It has about 1 employees. Its estimated business value is $399K (likely range $210K–$546K).

Common questions

Who owns Frances #1 Realty LLC?
Frances #1 Realty LLC is owned by Carlene Gragg (Broker/Owner), according to public sources such as the company's website or filings.
How much revenue does Frances #1 Realty LLC make?
SeeBITDA estimates Frances #1 Realty LLC's annual revenue at about $532K (likely between $350K and $607K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Frances #1 Realty LLC worth?
About $399K, roughly 2× its estimated EBITDA of $199K, typical for a offices of real estate agents and brokers company its size. Likely range: $210K–$546K.
How many employees does Frances #1 Realty LLC have?
About 1, as reported on its PPP loan.
When was Frances #1 Realty LLC founded?
Frances #1 Realty LLC has been in business since 2016.