Gable's Excavating, Inc.
How we got $4.1M
Based on its 34 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 34% 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.
Employees over time
▼ 15% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 34 | $8.3M |
| 2020 | Form 5500 | 19 | $4.6M |
| 2021 | Form 5500 | 19 | $4.6M |
| 2022 | Form 5500 | 16 | $3.9M |
| 2023 | Form 5500 | 24 | $5.9M |
| 2024 | Form 5500 | 25 | $6.1M |
| 2025 | Form 5500 | 29 | $7.1M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GABLE'S EXCAVATING, INC. this business | $12.9M | — |
| PHOS GROUP, LLC Tulsa · 16 employees | $6.2M | 0.5 mi |
| BPM SERVICES INC Tulsa · 3 employees | $1.8M | 0.7 mi |
| COULTHURST, DURU, A LLC Tulsa · 13 employees | $3.5M | 1.4 mi |
| AARON FENCE COMPANY Tulsa · 30 employees | $11.0M | 1.7 mi |
| TRW ENTERPRISES, INC Tulsa · 16 employees | $6.6M | 1.8 mi |
| HOME & COMMERCIAL SERVICES COMPANY, LLC Tulsa · 2 employees | $958K | 2.4 mi |
The full calculation
| Employees reported to the SBA | 34 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.8M |
| Estimate: the two combined (geometric mean) | $12.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.1M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.2M – $5.6M |
| Revenue range | $8.5M – $14.8M |
| EBITDA range | $794K – $1.4M |
| Industry (NAICS) | Site Preparation Contractors (238910) |
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
Leadership
- DGDaniel GableSigned for the company · 2022 retirement-plan filing (Form 5500)
Advisors
- BankingSecurity 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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $300K | 34 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gable's Excavating, Inc.
Gable's Excavating, Inc. is an excavation & site work company in Tulsa, Oklahoma, in business since 1997. Its estimated annual revenue is about $12.9M, with roughly $1.2M of EBITDA. It has about 29 employees. Its estimated business value is $4.1M (likely range $2.2M–$5.6M).
Common questions
- Who owns Gable's Excavating, Inc.?
- The owner of Gable's Excavating, 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 Gable's Excavating, Inc. make?
- SeeBITDA estimates Gable's Excavating, Inc.'s annual revenue at about $12.9M (likely between $8.5M and $14.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gable's Excavating, Inc. worth?
- About $4.1M, roughly 3.4× its estimated EBITDA of $1.2M, typical for a excavation & site work company its size. Likely range: $2.2M–$5.6M.
- How many employees does Gable's Excavating, Inc. have?
- About 29, from its 2025 retirement-plan filing.
- When was Gable's Excavating, Inc. founded?
- Gable's Excavating, Inc. has been in business since 1997.