Hs-Real Estate Inc
How we got $400.1M
Based on its 231 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 14% 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 |
|---|---|---|
| HS-REAL ESTATE INC this business | $311.2M | — |
| Switzer's Locker Room Norman | $1.7M | 0.1 mi |
| ARIA REAL ESTATE GROUP, LLC Norman · 10 employees | $7.2M | 0.6 mi |
| RANGER OIL & GAS PROPERTIES INC. Norman · 1 employees | $712K | 1.0 mi |
| Public Storage Norman | $1.7M | 1.1 mi |
| Amazing Space Storage Norman | $1.7M | 1.1 mi |
| INOK INVESTMENTS, LLC Norman · 8 employees | $4.2M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 231 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $337.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $220.8M |
| Estimate: the two combined (geometric mean) | $311.2M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $58.8M |
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 | $400.1M |
| Multiple for this size and industry | 6.8× |
| Value range | $210.5M – $547.4M |
| Revenue range | $204.7M – $354.8M |
| EBITDA range | $38.7M – $67.1M |
| Industry (NAICS) | Lessors of Nonresidential Buildings (except Miniwarehouses) (531120) |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $3.1M | 231 |
About Hs-Real Estate Inc
Hs-Real Estate Inc is a lessors of nonresidential buildings (except miniwarehouses) company in Norman, Oklahoma. Its estimated annual revenue is about $311.2M, with roughly $58.8M of EBITDA. It has about 231 employees. Its estimated business value is $400.1M (likely range $210.5M–$547.4M).
Common questions
- Who owns Hs-Real Estate Inc?
- The owner of Hs-Real Estate 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 Hs-Real Estate Inc make?
- SeeBITDA estimates Hs-Real Estate Inc's annual revenue at about $311.2M (likely between $204.7M and $354.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hs-Real Estate Inc worth?
- About $400.1M, roughly 6.8× its estimated EBITDA of $58.8M, typical for a lessors of nonresidential buildings (except miniwarehouses) company its size. Likely range: $210.5M–$547.4M.
- How many employees does Hs-Real Estate Inc have?
- About 231, as reported on its PPP loan.