Laser Specialties, Inc.
How we got $12.4M
Based on its 41 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 6% 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 Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LASER SPECIALTIES, INC. this business | $20.0M | — |
| S&S FABRICATIONS, LLC Tulsa · 4 employees | $1.5M | 1.0 mi |
| Advanced Steel & Crane Tulsa | $9.6M | 1.5 mi |
| Sawyer Fabrication Tulsa | $3.0M | 1.7 mi |
| Wagner Plate Works Tulsa | $3.0M | 2.2 mi |
| PRESCOR LLC Tulsa · 60 employees | $31.3M | 2.2 mi |
| OK FAB AND MACHINING, LLC Tulsa · 25 employees | $19.1M | 2.3 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.1M |
| Estimate: the two combined (geometric mean) | $20.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $2.1M |
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 | $12.4M |
| Multiple for this size and industry | 5.8× |
| Value range | $6.5M – $16.9M |
| Revenue range | $13.2M – $22.8M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | Plate Work Manufacturing (332313) |
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
- BankingSpiritBankPPP / 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 Roles are as stated there and may be out of date.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
| SpiritBank PPP 2020, PPP 2021 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $479K | 41 |
| 1/16/2021 | second | $479K | 35 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Laser Specialties, Inc.
Laser Specialties, Inc. is a plate work manufacturing company in Tulsa, Oklahoma, in business since 1998. Its estimated annual revenue is about $20.0M, with roughly $2.1M of EBITDA. It has about 41 employees. Its estimated business value is $12.4M (likely range $6.5M–$16.9M).
Common questions
- Who owns Laser Specialties, Inc.?
- The owner of Laser Specialties, Inc. 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 Laser Specialties, Inc. make?
- SeeBITDA estimates Laser Specialties, Inc.'s annual revenue at about $20.0M (likely between $13.2M and $22.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Laser Specialties, Inc. worth?
- About $12.4M, roughly 5.8× its estimated EBITDA of $2.1M, typical for a plate work manufacturing company its size. Likely range: $6.5M–$16.9M.
- How many employees does Laser Specialties, Inc. have?
- About 41, as reported on its PPP loan.
- When was Laser Specialties, Inc. founded?
- Laser Specialties, Inc. has been in business since 1998.