Hickman Quality Restoration
How we got $386K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 27% 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
▲ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 9 | $585K |
| 2020 | Form 5500 | 3 | $195K |
| 2021 | Form 5500 | 3 | $195K |
| 2022 | Form 5500 | 3 | $195K |
| 2023 | Form 5500 | 7 | $455K |
| 2024 | Form 5500 | 10 | $650K |
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 |
|---|---|---|
| HICKMAN QUALITY RESTORATION this business | $1.2M | — |
| Advanced Pest and Weed Management Okc | $958K | 0.0 mi |
| Lawngevity Oklahoma City | $958K | 0.0 mi |
| MIDWEST IRRIGATION & LANDSCAPE, LLC Edmond · 16 employees | $3.7M | 0.2 mi |
| TOTAL ENVIRONMENT INC. Edmond · 94 employees | $20.5M | 0.2 mi |
| Avenge Pest Control Edmond | $958K | 0.8 mi |
| Eastside Sod Farm Oklahoma County | $958K | 1.0 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| 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) | 13% |
| EBITDA = revenue × margin | $161K |
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 | $386K |
| Multiple for this size and industry | 2.4× |
| Value range | $203K – $528K |
| Revenue range | $814K – $1.4M |
| EBITDA range | $106K – $183K |
| Industry (NAICS) | Carpet and Upholstery Cleaning Services (561740) |
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
- BankingBankUnited, National AssociationPPP / 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
| BankUnited, National Association PPP 2020 | All 2 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $60K | 9 |
About Hickman Quality Restoration
Hickman Quality Restoration is a carpet & upholstery cleaning company in Edmond, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $161K of EBITDA. It has about 10 employees. Its estimated business value is $386K (likely range $203K–$528K).
Common questions
- Who owns Hickman Quality Restoration?
- The owner of Hickman Quality Restoration 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 Hickman Quality Restoration make?
- SeeBITDA estimates Hickman Quality Restoration's annual revenue at about $1.2M (likely between $814K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hickman Quality Restoration worth?
- About $386K, roughly 2.4× its estimated EBITDA of $161K, typical for a carpet & upholstery cleaning company its size. Likely range: $203K–$528K.
- How many employees does Hickman Quality Restoration have?
- About 10, from its 2024 retirement-plan filing.