SeeBITDAOklahoma

Harmon Security Group LLC

Estimated valueMedium confidence
$5.0M
$2.7Mlikely range$6.9M
About 4.5× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$12.7M
a year
EBITDA
$1.1M
9% of revenue
Employees
49
reported in 2020
Leadership
Daniel Harmon
President · source · confirmed by 2 sources
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $5.0M

Based on its 49 employees and its payroll, both reported for PPP in 2020 and brought up to date.

49 employees × $259K each$12.7M
PPP payroll ÷ payroll's usual share of revenue$9.9M
Shown toward the top of its range×1.14
Revenue$12.7M
× 9% EBITDA margin$1.1M
× 4.5 sale multiple = value$5.0M

Own this business? Correct these figures

Estimated value over time

▲ 47% since 2020
$0$2.9M$5.8M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

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

Signs of a sale Unlikely to sell soon

  • In business 20 years (since 2006)
  • Family in the business (Cathy Harmon, Office Manager)

From public records and the company's website, not a statement that it's for sale.

What they do

Harmon Security Group LLC is a Tulsa-based security guard company providing security officers, patrol, video surveillance and related services to government and corporate clients.

Products & services
Security guard servicesOn Site SecurityAsset ProtectionVideo SurveillanceCCTV MonitoringLobby ConciergeVisitor ScreeningPatrol OfficersRemote Monitoring24-Hour SupervisionVacant Building PatrolCamera Monitoring
Markets served
High-rise commercial buildingsManufacturing facilitiesBanksIndustrial parksConstruction sitesMuseumsMunicipal buildingsGovernment facilities
Service area
Tulsa, OklahomaOklahoma CityCentral U.S
Certifications
CLEET CertifiedOKLAHOMA ALARM LICENSE #41891A+ BBB Rating

From the company's website. Industry: Security services.

Customers & suppliers

Customers

  • Thomas Gilcrease Museum · named on its website
  • City of Tulsa · named on its website
  • Cleveland Cavaliers · named on its website
  • Big Elk Energy · named on its website

Possible customers nearby

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

Manufacturing
Banks & credit unions

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
HARMON SECURITY GROUP LLC
this business
$12.7M$1.1M—
Harvest Security Solutions
Tulsa
$1.6M$207K0.0 mi
MONITORING AMERICA ALARM CO-OP
Tulsa · 20 employees
$6.0M$644K1.3 mi
TULSA LOCK & KEY INC.
Tulsa · 4 employees
$1.1M$145K1.8 mi
WITNESS SECURITY LLC
Tulsa · 8 employees
$2.0M$230K1.8 mi
Signal 88 Security of Tulsa
Tulsa
$1.6M$207K2.9 mi
Conway Security Services Llc
Tulsa
$1.6M$207K3.0 mi

Ranges & sources

Revenue range$8.4M – $14.5M
EBITDA range$737K – $1.3M
Industry (NAICS)Security Systems Services (except Locksmiths) (561621)
Value range$2.7M – $6.9M

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

“Client Satisfaction has been our Top Priority for over 25 years!”

Advisors

  • BankingBlue Sky 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

Blue Sky Bank
PPP 2020, PPP 2021
All 430 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$336K$338K49Blue Sky Bank
3/16/2021second$374K$379K48Blue Sky Bank

Public records

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

About Harmon Security Group LLC

Harmon Security Group LLC is a security services company in Tulsa, Oklahoma, in business since 2006. It is owned by Daniel Harmon (President). Its estimated annual revenue is about $12.7M, with roughly $1.1M of EBITDA. It has about 49 employees. Its estimated business value is $5.0M (likely range $2.7M–$6.9M).

Common questions

Who owns Harmon Security Group LLC?
Harmon Security Group LLC is owned by Daniel Harmon (President), according to public sources such as the company's website or filings.
How much revenue does Harmon Security Group LLC make?
SeeBITDA estimates Harmon Security Group LLC's annual revenue at about $12.7M (likely between $8.4M and $14.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Harmon Security Group LLC worth?
About $5.0M, roughly 4.5× its estimated EBITDA of $1.1M, typical for a security services company its size. Likely range: $2.7M–$6.9M.
How many employees does Harmon Security Group LLC have?
About 49, as reported on its PPP loan.
When was Harmon Security Group LLC founded?
Harmon Security Group LLC has been in business since 2006.