House Kings Home Buyers, LLC
How we got $362K
Based on its 1 employees and its payroll, both reported for PPP in 2020 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
House Kings Home Buyers makes cash offers to purchase houses in the Oklahoma City area, in any condition, with a written offer promised within 24 hours.
From the company's website. Industry: Offices of Real Estate Agents and Brokers.
Estimated value over time
▲ 40% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOUSE KINGS HOME BUYERS, LLC this business | $484K | — |
| CORY BOATRIGHT Edmond · 1 employees | $852K | 0.0 mi |
| United Oklahoma Association Of Realtists Edmond | $959K | 0.0 mi |
| Bear Creek Homes Edmond | $959K | 0.2 mi |
| ABC Title, LLC. Edmond | $959K | 0.3 mi |
| Castlerock Homes Edmond | $959K | 0.6 mi |
| JECH REAL ESTATE LLC Edmond · 2 employees | $704K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $468K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $385K |
| Estimate: the two combined (geometric mean) | $484K |
| EBITDA margin (industry, adjusted for size) | 37% |
| EBITDA = revenue × margin | $181K |
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 | $362K |
| Multiple for this size and industry | 2× |
| Value range | $191K – $496K |
| Revenue range | $318K – $552K |
| EBITDA range | $119K – $207K |
| Industry (NAICS) | Offices of Real Estate Agents and Brokers (531210) |
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
People & advisors
Advisors
- BankingMidFirst 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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $7K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About House Kings Home Buyers, LLC
House Kings Home Buyers, LLC is an offices of real estate agents and brokers company in Edmond, Oklahoma, in business since 2005. It is owned by Kitt Letcher (President). Its estimated annual revenue is about $484K, with roughly $181K of EBITDA. It has about 1 employees. Its estimated business value is $362K (likely range $191K–$496K).
Common questions
- Who owns House Kings Home Buyers, LLC?
- House Kings Home Buyers, LLC is owned by Kitt Letcher (President), according to public sources such as the company's website or filings.
- How much revenue does House Kings Home Buyers, LLC make?
- SeeBITDA estimates House Kings Home Buyers, LLC's annual revenue at about $484K (likely between $318K and $552K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is House Kings Home Buyers, LLC worth?
- About $362K, roughly 2× its estimated EBITDA of $181K, typical for a offices of real estate agents and brokers company its size. Likely range: $191K–$496K.
- How many employees does House Kings Home Buyers, LLC have?
- About 1, as reported on its PPP loan.
- When was House Kings Home Buyers, LLC founded?
- House Kings Home Buyers, LLC has been in business since 2005.