H-I-S Paint Manufacturing Company, L.L.C.
How we got $16.5M
Based on its 65 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 27 years (since 1999)
- Founder still runs it after 27 years
From public records and the company's website, not a statement that it's for sale.
What they do
Anchor Paint manufactures industrial, farm and ranch, and residential coatings, with a focus on paint for metal, and also offers private label and toll manufacturing. It serves metal fabrication shops, OEMs, painting contractors, and homeowners.
From the company's website. Industry: Paint and Wallpaper Retailers.
Customers & suppliers
Customers
- Department of the Army · federal contracts $132K
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LAZY J ARENA, LLC · Stillwater, 46 mi · $30.7M
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 2 mi · $30.1M
- EXPRESS RANCHES INC · Yukon, 13 mi · $18.0M
- LANCE RHODES · Fairview, 81 mi · $10.9M
- CASTLE ROCK HEF, LLC · Oklahoma City, 10 mi · $10.7M
Estimated value over time
▲ 1% 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
▲ 3% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 65 | $29.1M |
| 2020 | Form 5500 | 58 | $26.0M |
| 2021 | Form 5500 | 63 | $28.2M |
| 2022 | Form 5500 | 62 | $27.8M |
| 2023 | Form 5500 | 68 | $30.5M |
| 2024 | Form 5500 | 67 | $30.0M |
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 |
|---|---|---|
| H-I-S PAINT MANUFACTURING COMPANY, L.L.C. this business | $42.0M | — |
| J&B GRAPHICS INC. Oklahoma City · 18 employees | $9.7M | 0.5 mi |
| MOYERS FACTORY-WAREHOUSE INC. Oklahoma City · 2 employees | $1.5M | 0.7 mi |
| STAR LIGHTING & SUPPLY, LLC Oklahoma City · 12 employees | $7.0M | 0.8 mi |
| HESSEL HOLDING COMPANY LLC Oklahoma City · 64 employees | $38.7M | 1.0 mi |
| CDK DISTIBUTION LLC OF OKC Oklahoma City · 8 employees | $3.9M | 1.1 mi |
| BROWN MACHINERY, INC. Oklahoma City · 5 employees | $3.3M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 65 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $29.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $46.3M |
| Estimate: the two combined (geometric mean) | $42.0M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $3.7M |
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 | $16.5M |
| Multiple for this size and industry | 4.4× |
| Value range | $8.7M – $22.5M |
| Revenue range | $27.6M – $47.9M |
| EBITDA range | $2.5M – $4.3M |
| Industry (NAICS) | Paint and Wallpaper Retailers (444120) |
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. 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
- 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
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $916K | 65 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About H-I-S Paint Manufacturing Company, L.L.C.
H-I-S Paint Manufacturing Company, L.L.C. is a paint and wallpaper retailers company in Oklahoma City, Oklahoma, in business since 1999. It is owned by Travis Detter (Founder). Its estimated annual revenue is about $42.0M, with roughly $3.7M of EBITDA. It has about 67 employees. Its estimated business value is $16.5M (likely range $8.7M–$22.5M).
Common questions
- Who owns H-I-S Paint Manufacturing Company, L.L.C.?
- H-I-S Paint Manufacturing Company, L.L.C. is owned by Travis Detter (Founder), according to public sources such as the company's website or filings.
- How much revenue does H-I-S Paint Manufacturing Company, L.L.C. make?
- SeeBITDA estimates H-I-S Paint Manufacturing Company, L.L.C.'s annual revenue at about $42.0M (likely between $27.6M and $47.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is H-I-S Paint Manufacturing Company, L.L.C. worth?
- About $16.5M, roughly 4.4× its estimated EBITDA of $3.7M, typical for a paint and wallpaper retailers company its size. Likely range: $8.7M–$22.5M.
- How many employees does H-I-S Paint Manufacturing Company, L.L.C. have?
- About 67, from its 2024 retirement-plan filing.
- When was H-I-S Paint Manufacturing Company, L.L.C. founded?
- H-I-S Paint Manufacturing Company, L.L.C. has been in business since 1999.
- Is H-I-S Paint Manufacturing Company, L.L.C. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 27 years (since 1999); founder still runs it after 27 years.