Kruse & Associates, Inc., Kruse Staffing, Inc & Kruse Intern
How we got $1.2M
Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 32 years (since 1994)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Kruse & Associates provides human resource solutions, including workers' compensation, employee benefits, liability, risk management, and payroll, so companies can save time and focus on their core business. The pages do not state a specific market or customer segment beyond 'companies' and 'business owners'.
From the company's website. Industry: Staffing & recruiting.
Estimated value over time
▲ 25% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| KRUSE & ASSOCIATES, INC., KRUSE STAFFING, INC & KRUSE INTERN this business | $3.4M | — |
| WT LARKIN SERVICES Tulsa · 28 employees | $5.8M | 0.4 mi |
| KRISTINESEXTER.COM LLC Tulsa · 1 employees | $243K | 0.8 mi |
| BIG BANG RECRUITING LLC Broken Arrow · 6 employees | $3.3M | 0.8 mi |
| ABUNDANT MEDICAL SOLUTIONS LLC Tulsa · 12 employees | $1.4M | 2.1 mi |
| FORTUNE ENTERPRISES INC Broken Arrow · 3 employees | $721K | 2.2 mi |
| KMJ, LLC Tulsa · 19 employees | $3.3M | 3.0 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $3.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $397K |
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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $627K – $1.6M |
| Revenue range | $2.2M – $3.9M |
| EBITDA range | $261K – $453K |
| Industry (NAICS) | Temporary Help Services (561320) |
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
People & advisors
“Our family-owned business began in 1994 with staffing and basic immigration processing services.”
Leadership
- BKBrad KruseVP of Human Resources · Company website · source
- BJBrad JonesVice President · Company website · source
Advisors
- BankingSecurity 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
| Security Bank PPP 2020, PPP 2021 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $211K | 24 |
| 2/6/2021 | second | $146K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kruse & Associates, Inc., Kruse Staffing, Inc & Kruse Intern
Kruse & Associates, Inc., Kruse Staffing, Inc & Kruse Intern is a family-owned staffing & recruiting company in Tulsa, Oklahoma, in business since 1994. It is owned by Chris Walton (President & CEO). Its estimated annual revenue is about $3.4M, with roughly $397K of EBITDA. It has about 24 employees. Its estimated business value is $1.2M (likely range $627K–$1.6M).
Common questions
- Who owns Kruse & Associates, Inc., Kruse Staffing, Inc & Kruse Intern?
- Kruse & Associates, Inc., Kruse Staffing, Inc & Kruse Intern is owned by Chris Walton (President & CEO), according to public sources such as the company's website or filings.
- How much revenue does Kruse & Associates, Inc., Kruse Staffing, Inc & Kruse Intern make?
- SeeBITDA estimates Kruse & Associates, Inc., Kruse Staffing, Inc & Kruse Intern's annual revenue at about $3.4M (likely between $2.2M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kruse & Associates, Inc., Kruse Staffing, Inc & Kruse Intern worth?
- About $1.2M, roughly 3× its estimated EBITDA of $397K, typical for a staffing & recruiting company its size. Likely range: $627K–$1.6M.
- How many employees does Kruse & Associates, Inc., Kruse Staffing, Inc & Kruse Intern have?
- About 24, as reported on its PPP loan.
- When was Kruse & Associates, Inc., Kruse Staffing, Inc & Kruse Intern founded?
- Kruse & Associates, Inc., Kruse Staffing, Inc & Kruse Intern has been in business since 1994.