SeeBITDAOklahoma
Estimated valueMedium confidence
$771K
$406Klikely range$1.1M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$1.0M
a year
Profit (EBITDA)
$321K
32% of revenue
Employees
2
reported in 2020
Leadership
Curtis Huffman
Owner · source
Unlikely to sell soon
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $771K

Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.

2 employees × $493K each$986K
PPP payroll ÷ payroll's usual share of revenue$789K
Shown toward the top of its range×1.14
Revenue$1.0M
× 32% profit margin$321K
× 2.4 sale multiple = value$771K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 24 years (since 2002)

From public records and the company's website, not a statement that it's for sale.

What they do

Huffman Excavating is a family-owned septic and excavating company in Coweta, OK, offering aerobic and septic systems, storm shelter installation and general excavation to homeowners and builders in the Tulsa Metro area.

Products & services
Aerobic SystemsSeptic SystemsStorm shelter installationGeneral excavationResidential excavationLateral linesPumping and cleaning tanksMaintenance of aerobic systems2-year warranty on all aerobic system installations
Markets served
HomeownersBuilders
Service area
Tulsa Metro areaCoweta, OK
Certifications
State certified

From the company's website. Industry: Excavation & site work.

Estimated value over time

▲ 39% since 2020
$0$443K$887K20202026

Today'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

BusinessEst. revenueEst. profitDistance
HUFFMAN'S EXCAVATING INC
this business
$1.0M$321K—
JACOBY PROPERTIES LLC
Coweta · 2 employees
$923K$295K0.9 mi
TRUCO DEVELOPMENT CO., LLC
Coweta · 4 employees
$3.1M$888K4.4 mi
Classic Mini Storage
Coweta
$1.7M$548K4.7 mi
Evans Road Boat & RV
Broken Arrow
$1.7M$548K5.5 mi
COWETA CROSSING PLAZA, LLC
Coweta · 1 employees
$686K$257K5.9 mi
Coweta Mini Storage
Coweta
$1.7M$548K6.0 mi

The full calculation

Employees reported to the SBA2
Revenue from headcount (employees × revenue per employee for companies this size)$986K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$789K
Estimate: the two combined (geometric mean)$1.0M
EBITDA margin (industry, adjusted for size)32%
EBITDA = revenue × margin$321K

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$771K
Multiple for this size and industry2.4×
Value range$406K – $1.1M
Revenue range$662K – $1.1M
EBITDA range$211K – $366K
Industry (NAICS)Site Preparation Contractors (238910)

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

  • BankingAVB 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

AVB Bank
PPP 2020, PPP 2021
All 309 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/14/2020first$10K$10K2AVB Bank
1/30/2021second$10K$10K2AVB Bank

Public records

DOT motor carrier
USDOT 1060742
Trucks (power units)2
Drivers1
Miles (2022)10,000
Registered with DOT2002

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Huffman's Excavating Inc

Huffman's Excavating Inc is an excavation & site work company in Coweta, Oklahoma, in business since 2002. It is owned by Curtis Huffman. Its estimated annual revenue is about $1.0M, with roughly $321K of EBITDA. It has about 2 employees. Its estimated business value is $771K (likely range $406K–$1.1M).

Common questions

Who owns Huffman's Excavating Inc?
Huffman's Excavating Inc is owned by Curtis Huffman, according to public sources such as the company's website or filings.
How much revenue does Huffman's Excavating Inc make?
SeeBITDA estimates Huffman's Excavating Inc's annual revenue at about $1.0M (likely between $662K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Huffman's Excavating Inc worth?
About $771K, roughly 2.4× its estimated EBITDA of $321K, typical for a excavation & site work company its size. Likely range: $406K–$1.1M.
How many employees does Huffman's Excavating Inc have?
About 2, as reported on its PPP loan.
When was Huffman's Excavating Inc founded?
Huffman's Excavating Inc has been in business since 2002.