SeeBITDAOklahoma

James R Minnix, CPA, Inc., PC

  • 10900 Hefner Pointe Dr., Suite 305, Oklahoma City, OK
  • NAICS 541211
Estimated valueMedium confidence
$2.9M
$1.5Mlikely range$3.9M
About 4.3× its yearly profit, typical for a company this size in its industry.
Revenue
$4.1M
a year
Profit (EBITDA)
$670K
16% of revenue
Employees
17
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $2.9M

Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.

17 employees × $182K each$3.1M
PPP payroll ÷ payroll's usual share of revenue$4.2M
Shown toward the top of its range×1.14
Revenue$4.1M
× 16% profit margin$670K
× 4.3 sale multiple = value$2.9M

· Own this business? Correct these figures

Estimated value over time

▲ 30% since 2020
$0$1.7M$3.3M20202021202220232026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 88% since 2020
010202020202120222023172
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan17$2.8M$462K
2020Form 550014$2.3M$381K
2021Form 55009$1.5M$245K
2022Form 55001$166K$27K
2023Form 55002$332K$54K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2023
No reported financials
No website found
Owner not found

Signs of a sale Unlikely to sell soon

  • Headcount down 86% since 2020 (retirement plan filings)

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
JAMES R MINNIX, CPA, INC., PC
this business
$4.1M$670K—
CHRISTOPHER D HEIM CPA PC
Oklahoma City · 1 employees
$249K$58K0.4 mi
ON POINT ACCOUNTING LLC
Oklahoma City · 43 employees
$8.2M$1.2M0.9 mi
TAX-ABILITY LLC
Oklahoma City · 1 employees
$78K$18K0.9 mi
JOE BOSSERT CPA & FINANCIALS SERVICES, PC
Oklahoma City · 3 employees
$725K$144K0.9 mi
H. Allen Smith, Cpa, Pc
Oklahoma City
$735K$171K1.0 mi
7M BUSINESS SOLUTIONS
Okalhoma City · 1 employees
$137K$32K1.0 mi

The full calculation

Employees reported to the SBA17
Revenue from headcount (employees × revenue per employee for companies this size)$3.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$4.2M
Estimate: the two combined (geometric mean)$4.1M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$670K

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$2.9M
Multiple for this size and industry4.3×
Value range$1.5M – $3.9M
Revenue range$2.7M – $4.7M
EBITDA range$441K – $764K
Industry (NAICS)Offices of Certified Public Accountants (541211)

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

  • BankingBank of HydroPPP / 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

Bank of Hydro
PPP 2020
All 155 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$244K$246K17Bank of Hydro

About James R Minnix, CPA, Inc., PC

James R Minnix, CPA, Inc., PC is an accounting & tax company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $4.1M, with roughly $670K of EBITDA. It has about 2 employees. Its estimated business value is $2.9M (likely range $1.5M–$3.9M).

Common questions

Who owns James R Minnix, CPA, Inc., PC?
The owner of James R Minnix, CPA, Inc., PC 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 James R Minnix, CPA, Inc., PC make?
SeeBITDA estimates James R Minnix, CPA, Inc., PC's annual revenue at about $4.1M (likely between $2.7M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is James R Minnix, CPA, Inc., PC worth?
About $2.9M, roughly 4.3× its estimated EBITDA of $670K, typical for a accounting & tax company its size. Likely range: $1.5M–$3.9M.
How many employees does James R Minnix, CPA, Inc., PC have?
About 2, from its 2023 retirement-plan filing.