Mandalay Custom Homes
How we got $242K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 44% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MANDALAY CUSTOM HOMES this business | $1.9M | — |
| SITES LIVESTOCK LLC Newcastle · 4 employees | $2.9M | 0.1 mi |
| CRAIG SMITH BUILDING, INC Newcastle · 1 employees | $1.2M | 1.3 mi |
| HILL'S LAND AND CONSTRUCTION COMPANY Tuttle · 20 employees | $5.6M | 2.1 mi |
| WG CUSTOM HOMES LLC Newcastle · 2 employees | $1.2M | 2.2 mi |
| TARACO, LLC Newcastle · 2 employees | $2.0M | 2.3 mi |
| STONE & MORE INC Newcastle · 1 employees | $580K | 2.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $128K |
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 | $242K |
| Multiple for this size and industry | 1.9× |
| Value range | $128K – $332K |
| Revenue range | $1.2M – $2.2M |
| EBITDA range | $84K – $145K |
| Industry (NAICS) | New Single-Family Housing Construction (except For-Sale Builders) (236115) |
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
- BankingFirst Bank and Trust CoPPP / 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 Roles are as stated there and may be out of date.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 Bank and Trust Co PPP 2020, PPP 2021 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $17K | 2 |
| 2/5/2021 | second | $17K | 1 |
About Mandalay Custom Homes
Mandalay Custom Homes is a home builders company in Newcastle, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $128K of EBITDA. It has about 2 employees. Its estimated business value is $242K (likely range $128K–$332K).
Common questions
- Who owns Mandalay Custom Homes?
- The owner of Mandalay Custom Homes 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 Mandalay Custom Homes make?
- SeeBITDA estimates Mandalay Custom Homes's annual revenue at about $1.9M (likely between $1.2M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mandalay Custom Homes worth?
- About $242K, roughly 1.9× its estimated EBITDA of $128K, typical for a home builders company its size. Likely range: $128K–$332K.
- How many employees does Mandalay Custom Homes have?
- About 2, as reported on its PPP loan.