Lb Multi Service, Inc.
How we got $506K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
LB Multi Services is a Tulsa-area accounting, consulting and immigration firm serving Oklahoma entrepreneurs, small businesses, established companies and individuals since 2010.
From the company's website. Industry: Accounting & tax.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LB MULTI SERVICE, INC. this business | $750K | — |
| AQ Financial and Tax Services Tulsa | $1.1M | 0.5 mi |
| O'Neal's Tax Service Tulsa | $1.1M | 1.0 mi |
| ACCOUNTING PROFESSIONALS INC Tulsa · 2 employees | $280K | 1.2 mi |
| ASK THE TAX PRO INC Tulsa · 3 employees | $401K | 1.8 mi |
| Bright Properties Tulsa | $735K | 2.0 mi |
| UNITED BUSINESS MANAGEMENT INC Tulsa · 3 employees | $657K | 2.6 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $478K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $906K |
| Estimate: the two combined (geometric mean) | $750K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $174K |
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 | $506K |
| Multiple for this size and industry | 2.9× |
| Value range | $266K – $692K |
| Revenue range | $494K – $855K |
| EBITDA range | $115K – $199K |
| Industry (NAICS) | Tax Preparation Services (541213) |
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
“LB Multi Services was founded in 2010 with a clear mission: to provide the highest quality accounting and consulting solutions to the Oklahoma business community.”
Advisors
- BankingFirstar 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
| Firstar Bank PPP 2020 | All 380 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $36K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lb Multi Service, Inc.
Lb Multi Service, Inc. is an accounting & tax company in Tulsa, Oklahoma, in business since 2010. It is owned by Leonora Bustos (Founder and Lead Consultant). Its estimated annual revenue is about $750K, with roughly $174K of EBITDA. It has about 6 employees. Its estimated business value is $506K (likely range $266K–$692K).
Common questions
- Who owns Lb Multi Service, Inc.?
- Lb Multi Service, Inc. is owned by Leonora Bustos (Founder and Lead Consultant), according to public sources such as the company's website or filings.
- How much revenue does Lb Multi Service, Inc. make?
- SeeBITDA estimates Lb Multi Service, Inc.'s annual revenue at about $750K (likely between $494K and $855K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lb Multi Service, Inc. worth?
- About $506K, roughly 2.9× its estimated EBITDA of $174K, typical for a accounting & tax company its size. Likely range: $266K–$692K.
- How many employees does Lb Multi Service, Inc. have?
- About 6, as reported on its PPP loan.
- When was Lb Multi Service, Inc. founded?
- Lb Multi Service, Inc. has been in business since 2010.