Martin Brothers Painting Inc
How we got $1.4M
Based on its 22 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 80 years (since 1946)
From public records and the company's website, not a statement that it's for sale.
What they do
Martin Brothers Painting is a commercial painting business in Oklahoma that has been operating since 1946, with 826 projects completed and 550,000 gallons of paint applied.
From the company's website. Industry: Painting contractors.
Customers & suppliers
Customers
- Mustang Elementary · named on its website
- NTT Data · named on its website
Estimated value over time
▲ 21% 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 |
|---|---|---|
| MARTIN BROTHERS PAINTING INC this business | $4.8M | — |
| MFC FLOORING LLC Oklahoma City · 1 employees | $637K | 0.8 mi |
| PEDRO TRISTAN Oklahoma City · 1 employees | $522K | 1.1 mi |
| VEGA'S DRYWALL & PAINTING LLC Oklahoma City · 10 employees | $5.3M | 1.1 mi |
| SUPER ROOFS & SHEET METAL INC Oklahoma City · 7 employees | $2.0M | 1.2 mi |
| BRYAN'S DRYWALL LLC Oklahoma City · 5 employees | $2.0M | 1.3 mi |
| BRYANS DRYWALL LLC Oklahoma City · 3 employees | $1.1M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $4.8M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $505K |
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 | $1.4M |
| Multiple for this size and industry | 2.8× |
| Value range | $744K – $1.9M |
| Revenue range | $3.1M – $5.4M |
| EBITDA range | $332K – $576K |
| Industry (NAICS) | Painting and Wall Covering Contractors (238320) |
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
“Martin Brothers Painting has been family owned and operated since 1946.”
Advisors
- BankingFirst Bethany Bank & TrustPPP / 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 Bethany Bank & Trust PPP 2020, PPP 2021 | All 186 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $102K | 22 |
| 2/10/2021 | second | $96K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Martin Brothers Painting Inc
Martin Brothers Painting Inc is a family-owned painting contractors company in Oklahoma City, Oklahoma, in business since 1946. Its estimated annual revenue is about $4.8M, with roughly $505K of EBITDA. It has about 22 employees. Its estimated business value is $1.4M (likely range $744K–$1.9M).
Common questions
- Who owns Martin Brothers Painting Inc?
- The owner of Martin Brothers Painting 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 Martin Brothers Painting Inc make?
- SeeBITDA estimates Martin Brothers Painting Inc's annual revenue at about $4.8M (likely between $3.1M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Martin Brothers Painting Inc worth?
- About $1.4M, roughly 2.8× its estimated EBITDA of $505K, typical for a painting contractors company its size. Likely range: $744K–$1.9M.
- How many employees does Martin Brothers Painting Inc have?
- About 22, as reported on its PPP loan.
- When was Martin Brothers Painting Inc founded?
- Martin Brothers Painting Inc has been in business since 1946.