Innovative Concrete Solutions LLC
- Rick MethenyMember · Company website
- Matt MethenyMember · Company website
- Brent RobertsMember · Company website
How we got $11.1M
Based on its 99 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 2% 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 Unlikely to sell soon
- In business 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
What they do
Innovative Concrete Solutions is a family-owned concrete subcontractor in Oklahoma City serving builders, contractors, homeowners and commercial clients with residential and commercial new construction concrete work.
From the company's website. Industry: Masonry Contractors.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| INNOVATIVE CONCRETE SOLUTIONS LLC this business | $31.2M | — |
| OKLAHOMA ROOFING & SHEET METAL LLC Oklahoma City · 152 employees | $76.8M | 0.1 mi |
| ALVA ROOFING CO. Oklahoma City · 36 employees | $19.3M | 0.4 mi |
| Concrete & Landscaping Oklahoma City | $2.2M | 0.8 mi |
| Redland Roofing Oklahoma City | $2.2M | 1.4 mi |
| 3 D'S ROOFING & METAL INC Oklahoma City · 13 employees | $7.3M | 1.7 mi |
| TIETSORT LLC Oklahoma City · 22 employees | $7.3M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 99 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $26.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $28.3M |
| Estimate: the two combined (geometric mean) | $31.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.7M |
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 | $11.1M |
| Multiple for this size and industry | 4.1× |
| Value range | $5.8M – $15.2M |
| Revenue range | $20.5M – $35.5M |
| EBITDA range | $1.8M – $3.1M |
| Industry (NAICS) | Masonry Contractors (238140) |
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
“Since 2009, our family-owned and operated business is dedicated to delivering top-tier concrete solutions for both residential and commercial new construction projects.”
Advisors
- BankingPrime 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
| Prime Bank PPP 2020 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $1.2M | 99 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Innovative Concrete Solutions LLC
Innovative Concrete Solutions LLC is a family-owned masonry contractors company in Oklahoma City, Oklahoma, in business since 2009. It is owned by Steven smith (Managing Member). Its estimated annual revenue is about $31.2M, with roughly $2.7M of EBITDA. It has about 99 employees. Its estimated business value is $11.1M (likely range $5.8M–$15.2M).
Common questions
- Who owns Innovative Concrete Solutions LLC?
- Innovative Concrete Solutions LLC is owned by Steven smith (Managing Member), according to public sources such as the company's website or filings.
- How much revenue does Innovative Concrete Solutions LLC make?
- SeeBITDA estimates Innovative Concrete Solutions LLC's annual revenue at about $31.2M (likely between $20.5M and $35.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Innovative Concrete Solutions LLC worth?
- About $11.1M, roughly 4.1× its estimated EBITDA of $2.7M, typical for a masonry contractors company its size. Likely range: $5.8M–$15.2M.
- How many employees does Innovative Concrete Solutions LLC have?
- About 99, as reported on its PPP loan.
- When was Innovative Concrete Solutions LLC founded?
- Innovative Concrete Solutions LLC has been in business since 2009.