Kivell, Rayment and Francis, P. C.
How we got $1.5M
Based on 15 employees on its 2024 401(k) filing.
What we know
Signs of a sale High sell likelihood
- In business 35 years (since 1991)
- Founder still runs it after 35 years
- No family successor named on its website
- Headcount down 35% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Kivell, Rayment and Francis, P.C. is a law firm handling foreclosure, bankruptcy, eviction and creditor rights matters. The firm says it has been heavily involved with national clientele in state-wide foreclosure, bankruptcy, eviction, replevin and creditor rights law.
From the company's website. Industry: Law firms.
Estimated value over time
▼ 36% 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.
Employees over time
▼ 48% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 29 | $8.1M |
| 2020 | Form 5500 | 23 | $6.4M |
| 2021 | Form 5500 | 18 | $5.0M |
| 2022 | Form 5500 | 15 | $4.2M |
| 2023 | Form 5500 | 15 | $4.2M |
| 2024 | Form 5500 | 15 | $4.2M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| KIVELL, RAYMENT AND FRANCIS, P. C. this business | $3.3M | — |
| Funk Karen M B Attorney Tulsa | $519K | 0.0 mi |
| CHEROKEE TITLE & ESCROW LLC Tulsa · 4 employees | $604K | 0.1 mi |
| GARRISON LAW OFFICE PLLC Tulsa · 1 employees | $237K | 0.1 mi |
| Edwards Furlong Personal Injury Law Firm Tulsa | $519K | 0.1 mi |
| Kirkendall Dwyer Tulsa | $519K | 0.1 mi |
| Internal Tax Resolution Of Oklahoma Tulsa | $519K | 0.1 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $1.5M |
| Multiple for this size and industry | 2.8× |
| Value range | $981K – $2.8M |
| Employees in its retirement plan (2024 Form 5500) | 15 |
| Industry revenue per employee | $278K |
| Revenue = employees × revenue per employee | $3.3M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $547K |
| For comparison: employees reported for PPP (2020) | 29 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $2.7M – $5.0M |
| EBITDA range | $438K – $821K |
| Industry (NAICS) | Offices of Lawyers (541110) |
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. These are statistical estimates, not reported financials. Full methodology
People & advisors
“The firm of Kivell, Rayment and Francis is an AV rated firm that was founded in 1991 by Thomas D. Kivell, Brian J. Rayment, and Joe B. Francis.”
Leadership
- BJBrian J. Raymentattorney · Company website · source
- JBJoe B. Francisattorney · Company website · source
- KRK. Renee’ Davisattorney · Company website · source
- MGMichael Georgeattorney · Company website · source
- SCStacey ChambersSigned for the company · 2020 retirement-plan filing (Form 5500)
Advisors
- BankingTriad Bank, National Association, First Pryority 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
| First Pryority Bank PPP 2021 | All 258 borrowers → |
| Triad Bank, National Association PPP 2020 | All 138 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $395K | 29 |
| 2/5/2021 | second | $256K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kivell, Rayment and Francis, P. C.
Kivell, Rayment and Francis, P. C. is a law firms company in Tulsa, Oklahoma, in business since 1991. It is owned by Thomas D. Kivell (Founder). Its estimated annual revenue is about $3.3M, with roughly $547K of EBITDA. It has about 15 employees. Its estimated business value is $1.5M (likely range $981K–$2.8M).
Common questions
- Who owns Kivell, Rayment and Francis, P. C.?
- Kivell, Rayment and Francis, P. C. is owned by Thomas D. Kivell (Founder), according to public sources such as the company's website or filings.
- How much revenue does Kivell, Rayment and Francis, P. C. make?
- SeeBITDA estimates Kivell, Rayment and Francis, P. C.'s annual revenue at about $3.3M (likely between $2.7M and $5.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kivell, Rayment and Francis, P. C. worth?
- About $1.5M, roughly 2.8× its estimated EBITDA of $547K, typical for a law firms company its size. Likely range: $981K–$2.8M.
- How many employees does Kivell, Rayment and Francis, P. C. have?
- About 15, from its 2024 retirement-plan filing.
- When was Kivell, Rayment and Francis, P. C. founded?
- Kivell, Rayment and Francis, P. C. has been in business since 1991.
- Is Kivell, Rayment and Francis, P. C. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 35 years (since 1991); founder still runs it after 35 years; no family successor named on its website.