Higgins & Sons Roof Truss Company Inc
How we got $3.5M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 32% 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 34 years (since 1992)
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 & SONS ROOF TRUSS COMPANY INC this business | $10.9M | — |
| Citizen Potawatomi Nation Batch Plant Shawnee | $2.2M | 4.3 mi |
| DIAMOND B SERVICES, LLC Tecumseh · 2 employees | $1.1M | 4.7 mi |
| Legend Roofs Shawnee Ok Roofing Contractor Roof Repair Shawnee | $2.2M | 5.6 mi |
| WHITE EAGLE MASONRY LLC Shawnee · 15 employees | $4.3M | 6.5 mi |
| Patterson Roofing & Construction LLC Shawnee | $2.2M | 6.8 mi |
| EXTREME ROOFING SOLUTIONS, LLC Shawnee · 3 employees | $1.8M | 6.9 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.4M |
| Estimate: the two combined (geometric mean) | $10.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.0M |
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 | $3.5M |
| Multiple for this size and industry | 3.4× |
| Value range | $1.8M – $4.7M |
| Revenue range | $7.2M – $12.4M |
| EBITDA range | $669K – $1.2M |
| Industry (NAICS) | Roofing Contractors (238160) |
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
- BankingFirst United 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $201K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Higgins & Sons Roof Truss Company Inc
Higgins & Sons Roof Truss Company Inc is a roofing company in Tecumseh, Oklahoma, in business since 1992. It is owned by Robert Hacker (Co-Owner). Its estimated annual revenue is about $10.9M, with roughly $1.0M of EBITDA. It has about 19 employees. Its estimated business value is $3.5M (likely range $1.8M–$4.7M).
Common questions
- Who owns Higgins & Sons Roof Truss Company Inc?
- Higgins & Sons Roof Truss Company Inc is owned by Robert Hacker (Co-Owner), according to public sources such as the company's website or filings.
- How much revenue does Higgins & Sons Roof Truss Company Inc make?
- SeeBITDA estimates Higgins & Sons Roof Truss Company Inc's annual revenue at about $10.9M (likely between $7.2M and $12.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Higgins & Sons Roof Truss Company Inc worth?
- About $3.5M, roughly 3.4× its estimated EBITDA of $1.0M, typical for a roofing company its size. Likely range: $1.8M–$4.7M.
- How many employees does Higgins & Sons Roof Truss Company Inc have?
- About 19, as reported on its PPP loan.
- When was Higgins & Sons Roof Truss Company Inc founded?
- Higgins & Sons Roof Truss Company Inc has been in business since 1992.