Hi-Press Inc.
How we got $413K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Hi-Press Inc sells carpet cleaning equipment, cleaning solutions and supplies to professionals, serving commercial and residential customers.
From the company's website. Industry: Service Establishment Equipment and Supplies Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Sapphire Scientific · brand it sells or installs
- Prochem · brand it sells or installs
- Chemspec · brand it sells or installs
- Prorestore · brand it sells or installs
Estimated value over time
▲ 13% since 2021Today'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 |
|---|---|---|
| HI-PRESS INC. this business | $1.2M | — |
| CANSERV LLC Tulsa · 14 employees | $7.0M | 1.4 mi |
| DESIGN YOUR SITE Tulsa · 1 employees | $410K | 1.5 mi |
| Oklahoma Natural Gas Tulsa | $1.7M | 2.1 mi |
| READY SERVICES, LLC Tulsa · 12 employees | $4.4M | 2.4 mi |
| SEWELL MECHANICAL, INC Tulsa · 9 employees | $4.5M | 2.5 mi |
| MAC'S HYDRAULIC JACK SERVICE INC Tulsa · 13 employees | $5.7M | 2.6 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $943K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $165K |
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 | $413K |
| Multiple for this size and industry | 2.5× |
| Value range | $217K – $564K |
| Revenue range | $787K – $1.4M |
| EBITDA range | $109K – $188K |
| Industry (NAICS) | Service Establishment Equipment and Supplies Merchant Wholesalers (423850) |
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
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 2021 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/19/2021 | first | $28K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hi-Press Inc.
Hi-Press Inc. is a service establishment equipment and supplies merchant wholesalers company in Tulsa, Oklahoma, in business since 2005. Its estimated annual revenue is about $1.2M, with roughly $165K of EBITDA. It has about 3 employees. Its estimated business value is $413K (likely range $217K–$564K).
Common questions
- Who owns Hi-Press Inc.?
- The owner of Hi-Press 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 Hi-Press Inc. make?
- SeeBITDA estimates Hi-Press Inc.'s annual revenue at about $1.2M (likely between $787K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hi-Press Inc. worth?
- About $413K, roughly 2.5× its estimated EBITDA of $165K, typical for a service establishment equipment and supplies merchant wholesalers company its size. Likely range: $217K–$564K.
- How many employees does Hi-Press Inc. have?
- About 3, as reported on its PPP loan.
- When was Hi-Press Inc. founded?
- Hi-Press Inc. has been in business since 2005.