Goering Accounting Service Inc
How we got $76K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 24% 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 |
|---|---|---|
| GOERING ACCOUNTING SERVICE INC this business | $112K | — |
| COIL & ASSOCIATES INC Mustang · 1 employees | $106K | 1.3 mi |
| MARY & DEE BOOKKEEPING INC Mustang · 1 employees | $74K | 1.4 mi |
| MARK E. MCDOWELL CPA INC Mustang · 1 employees | $169K | 1.4 mi |
| BELLA DONNA BUSINESS SOLUTIONS Mustang · 3 employees | $509K | 1.8 mi |
| AMB RESOURCES PLLC Mustang · 1 employees | $252K | 1.9 mi |
| RAY D. YOUNG CPA, P.C. Mustang · 2 employees | $311K | 1.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $175K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $72K |
| Estimate: the two combined (geometric mean) | $112K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $26K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 1% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $76K |
| Multiple for this size and industry | 2.9× |
| Value range | $45K – $118K |
| Revenue range | $84K – $146K |
| EBITDA range | $20K – $34K |
| Industry (NAICS) | Tax Preparation Services (541213) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingCeltic Bank Corporation, Square Capital, LLCPPP / 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 Roles are as stated there and may be out of date.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
| Celtic Bank Corporation PPP 2020 | All 206 borrowers → |
| Square Capital, LLC PPP 2021 | All 112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/6/2020 | first | $3K | 2 |
| 3/25/2021 | second | $3K | 2 |
About Goering Accounting Service Inc
Goering Accounting Service Inc is an accounting & tax company in Mustang, Oklahoma. Its estimated annual revenue is about $112K, with roughly $26K of EBITDA. It has about 2 employees. Its estimated business value is $76K (likely range $45K–$118K).
Common questions
- Who owns Goering Accounting Service Inc?
- The owner of Goering Accounting Service 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 Goering Accounting Service Inc make?
- SeeBITDA estimates Goering Accounting Service Inc's annual revenue at about $112K (likely between $84K and $146K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Goering Accounting Service Inc worth?
- About $76K, roughly 2.9× its estimated EBITDA of $26K, typical for a accounting & tax company its size. Likely range: $45K–$118K.
- How many employees does Goering Accounting Service Inc have?
- About 2, as reported on its PPP loan.