SeeBITDAOklahoma

Lee Coats Law Plc

Estimated valueLow confidence
$286K
$150Klikely range$391K
About 1.9× its yearly profit, typical for a company this size in its industry.
Revenue
$646K
a year
Profit (EBITDA)
$150K
23% of revenue
Employees
3
reported in 2020
Leadership
Josh D. Lee
Founder · source · confirmed by 2 sources

How we got $286K

Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.

3 employees × $307K each$922K
PPP payroll ÷ payroll's usual share of revenue$349K
Shown toward the top of its range×1.14
Revenue$646K
× 23% profit margin$150K
× 1.9 sale multiple = value$286K

· Own this business? Correct these figures

Estimated value over time

▲ 26% since 2020
$0$264K$528K2020202320242026

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

▲ 67% since 2020
051020202023202435
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan3$833K$194K
2023Form 55004$1.1M$258K
2024Form 55005$1.4M$323K

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, 2024
No reported financials
Company website
Owner named

What they do

The Lee Firm is a criminal defense and DUI law firm serving northeast Oklahoma, also handling open records and open meetings cases for citizens, journalists, businesses and organizations.

Products & services
Criminal DefenseDUI DefenseDrug DefenseOpen Records & MeetingsFeloniesMisdemeanorsPost Conviction ReliefRecord ExpungementSentencing OptionsTrial DefenseAggravated DUIBreath & Blood Tests
Markets served
commercial driversCDL drivers
Service area
VinitaMiamiJayGroveNowataBartlesvillePryorClaremore
Certifications
Forensic Chromatography Instructor for the American Chemical Society

From the company's website. Industry: Law firms.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
LEE COATS LAW PLC
this business
$646K$150K—
THE HARTLEY LAW FIRM, PLLC
Vinita · 10 employees
$3.4M$610K0.1 mi
Roadhoglegal.com - Oklahoma Motorcycle Injury Lawyers
Vinita
$948K$188K0.1 mi
Maxey Law LLC
Vinita
$948K$188K0.2 mi
Craig County Affordable Bail Bonds
Vinita
$948K$188K0.2 mi
Craig County District Attorney
Vinita
$948K$188K0.2 mi
CHRIS H. CONINE, P.C.
Vinita · 4 employees
$1.4M$272K0.4 mi

The full calculation

Employees reported to the SBA3
Revenue from headcount (employees × revenue per employee for companies this size)$922K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$349K
Estimate: the two combined (geometric mean)$646K
EBITDA margin (industry, adjusted for size)23%
EBITDA = revenue × margin$150K

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$286K
Multiple for this size and industry1.9×
Value range$150K – $391K
Revenue range$425K – $737K
EBITDA range$99K – $171K
Industry (NAICS)Offices of Lawyers (541110)

Low confidence: the employee-based and payroll-based estimates differ by more than 2×.

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded by Josh D. Lee
“Our founder, Josh D. Lee, holds a Master of Science in Forensic Science and serves as a Forensic Chromatography Instructor for the American Chemical Society, bringing scientific expertise that few criminal defense attorneys possess.”

Advisors

  • BankingRegent 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

Regent Bank
PPP 2020
All 726 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/15/2020first$13K$13K3Regent Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Lee Coats Law Plc

Lee Coats Law Plc is a law firms company in Vinita, Oklahoma, in business since 2018. It is owned by Josh D. Lee (Founder). Its estimated annual revenue is about $646K, with roughly $150K of EBITDA. It has about 5 employees. Its estimated business value is $286K (likely range $150K–$391K).

Common questions

Who owns Lee Coats Law Plc?
Lee Coats Law Plc is owned by Josh D. Lee (Founder), according to public sources such as the company's website or filings.
How much revenue does Lee Coats Law Plc make?
SeeBITDA estimates Lee Coats Law Plc's annual revenue at about $646K (likely between $425K and $737K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Lee Coats Law Plc worth?
About $286K, roughly 1.9× its estimated EBITDA of $150K, typical for a law firms company its size. Likely range: $150K–$391K.
How many employees does Lee Coats Law Plc have?
About 5, from its 2024 retirement-plan filing.
When was Lee Coats Law Plc founded?
Lee Coats Law Plc has been in business since 2018.