SeeBITDAOklahoma

Iconic Construction LLC

Estimated valueMedium confidence
$940K
$495Klikely range$1.3M
About 2.3× its yearly profit, typical for a company this size in its industry.
Revenue
$7.5M
a year
Profit (EBITDA)
$409K
5% of revenue
Employees
8
reported in 2020
Leadership
Michael Nichols
President · source · confirmed by 2 sources
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 $940K

Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.

8 employees × $651K each$5.2M
PPP payroll ÷ payroll's usual share of revenue$8.4M
Shown toward the top of its range×1.14
Revenue$7.5M
× 5% profit margin$409K
× 2.3 sale multiple = value$940K

· Own this business? Correct these figures

What we know

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

What they do

Iconic Construction is a full-service construction company in Oklahoma City that builds spaces intended to reflect its clients' attitudes and personalities, using high-caliber construction materials.

Products & services
full-service construction
Service area
Oklahoma City, OK

From the company's website. Industry: Commercial construction.

Customers & suppliers

Customers

  • Native Exploration · named on its website
  • Ludivine · named on its website
  • Square Deal Investments · named on its website
  • Peak Energy · named on its website
  • Mansell, Engel, & Cole Law · named on its website
  • Mass Mutual · named on its website
  • THE WALKER BUILDING · named on its website
  • Q CLOTHIER/ RYE 51 · named on its website
  • City Place · named on its website
  • Oliver Investments · named on its website
  • Simons Investments · named on its website
  • Valliance Bank · named on its website
  • STAPLEGUN · named on its website

Estimated value over time

▲ 28% since 2020
$0$540K$1.1M20202026

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
ICONIC CONSTRUCTION LLC
this business
$7.5M$409K—
LINGO CONSTRUCTIN SERVICES, INC.
Oklahoma City · 96 employees
$125.5M$5.5M0.4 mi
LINGO CONSTRUCTION SERVICES INC
Oklahoma City · 96 employees
$131.2M$5.8M0.4 mi
SMALL PROJECTS LLC
Oklahoma City · 6 employees
$4.2M$258K0.6 mi
CORD CONSTRUCTION SERVICES, LLC
Oklahoma City · 11 employees
$6.3M$387K0.7 mi
R & E SMITH LLC
Oklahoma City · 5 employees
$3.5M$213K0.8 mi
D. H. FRENCH CONSTRUCTION CO.
Oklahoma City · 11 employees
$11.1M$605K0.9 mi

The full calculation

Employees reported to the SBA8
Revenue from headcount (employees × revenue per employee for companies this size)$5.2M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$8.4M
Estimate: the two combined (geometric mean)$7.5M
EBITDA margin (industry, adjusted for size)5%
EBITDA = revenue × margin$409K

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$940K
Multiple for this size and industry2.3×
Value range$495K – $1.3M
Revenue range$5.0M – $8.6M
EBITDA range$269K – $466K
Industry (NAICS)Commercial and Institutional Building Construction (236220)

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

  • 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, PPP 2021
All 7,048 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$118K$119K8BancFirst
4/3/2021second$118K$119K8BancFirst

Public records

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

About Iconic Construction LLC

Iconic Construction LLC is a commercial construction company in Oklahoma City, Oklahoma, in business since 2012. It is owned by Michael Nichols (President). Its estimated annual revenue is about $7.5M, with roughly $409K of EBITDA. It has about 8 employees. Its estimated business value is $940K (likely range $495K–$1.3M).

Common questions

Who owns Iconic Construction LLC?
Iconic Construction LLC is owned by Michael Nichols (President), according to public sources such as the company's website or filings.
How much revenue does Iconic Construction LLC make?
SeeBITDA estimates Iconic Construction LLC's annual revenue at about $7.5M (likely between $5.0M and $8.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Iconic Construction LLC worth?
About $940K, roughly 2.3× its estimated EBITDA of $409K, typical for a commercial construction company its size. Likely range: $495K–$1.3M.
How many employees does Iconic Construction LLC have?
About 8, as reported on its PPP loan.
When was Iconic Construction LLC founded?
Iconic Construction LLC has been in business since 2012.