Higgins Backhoe Service, Inc.
How we got $196K
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 34% 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.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HIGGINS BACKHOE SERVICE, INC. this business | $804K | — |
| ESTRADAS SOD INSTALLATION LLC El Reno · 4 employees | $1.5M | 0.4 mi |
| COCHIEF, LLC El Reno · 2 employees | $486K | 1.2 mi |
| Baker's Bucket Works El Reno | $2.0M | 1.3 mi |
| GUSTAVO CAMARILLO El Reno · 2 employees | $1.3M | 1.4 mi |
| FIRST CLASS FENCE INC El Reno · 6 employees | $2.5M | 1.7 mi |
| RED DIRT MEASUREMENT AND CONTROLS, LLC El Reno · 31 employees | $13.2M | 1.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $245K |
| Revenue = employees × revenue per employee | $804K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $103K |
| Cross-check: revenue implied by PPP payroll | $130K |
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 | $196K |
| Multiple for this size and industry | 1.9× |
| Value range | $93K – $278K |
| Revenue range | $476K – $951K |
| EBITDA range | $61K – $122K |
| Industry (NAICS) | Site Preparation Contractors (238910) |
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
History & advisors
Advisors
- BankingOklahoma Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| Oklahoma Bank and Trust Company PPP 2020 | All 72 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/15/2020 | first | $4K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Higgins Backhoe Service, Inc.
Higgins Backhoe Service, Inc. is an excavation & site work company in El Reno, Oklahoma, in business since 1999. Its estimated annual revenue is about $804K, with roughly $103K of EBITDA. It has about 2 employees. Its estimated business value is $196K (likely range $93K–$278K).
Common questions
- Who owns Higgins Backhoe Service, Inc.?
- The owner of Higgins Backhoe 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 Higgins Backhoe Service, Inc. make?
- SeeBITDA estimates Higgins Backhoe Service, Inc.'s annual revenue at about $804K (likely between $476K and $951K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Higgins Backhoe Service, Inc. worth?
- About $196K, roughly 1.9× its estimated EBITDA of $103K, typical for a excavation & site work company its size. Likely range: $93K–$278K.
- How many employees does Higgins Backhoe Service, Inc. have?
- About 2, as reported on its PPP loan.
- When was Higgins Backhoe Service, Inc. founded?
- Higgins Backhoe Service, Inc. has been in business since 1999.