Mcalister, Mcalister, Baker & Nicklas PLLC
How we got $1.9M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 41 years (since 1985)
- Founder still runs it after 41 years
- Family in the business (Karla McAlister, Attorney)
From public records and the company's website, not a statement that it's for sale.
What they do
McAlister, McAlister & Nicklas PLLC is a group of attorneys and support staff in Edmond, Oklahoma, helping clients with legal and tax matters. It serves clients locally, across Oklahoma, the United States, and abroad.
From the company's website. Industry: Law firms.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 5 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 6 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 10 mi · $711.4M
- T/J INSPECTION, INC. · Del City, 14 mi · $651.7M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 12 mi · $557.6M
Estimated value over time
▲ 26% 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.
Employees over time
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 13 | $3.6M |
| 2020 | Form 5500 | 12 | $3.3M |
| 2021 | Form 5500 | 13 | $3.6M |
| 2022 | Form 5500 | 10 | $2.8M |
| 2023 | Form 5500 | 12 | $3.3M |
| 2024 | Form 5500 | 13 | $3.6M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MCALISTER, MCALISTER, BAKER & NICKLAS PLLC this business | $4.1M | — |
| TRINITY LEGAL CLINIC OF OKLAHOMA, INC. Edmond · 3 employees | $327K | 0.0 mi |
| Stoddard Morris, Pllc | Family Law Attorney Edmond | $942K | 0.1 mi |
| Heaton Law Firm Edmond | $942K | 0.3 mi |
| KENT R MCGUIRE, P.C. Edmond · 2 employees | $691K | 0.3 mi |
| WALSH & WALSH, PLLC Edmond · 4 employees | $1.6M | 0.3 mi |
| Doug Terry Law -insurance Lawyer Edmond | $942K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.4M |
| Estimate: the two combined (geometric mean) | $4.1M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $670K |
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 | $1.9M |
| Multiple for this size and industry | 2.8× |
| Value range | $987K – $2.6M |
| Revenue range | $2.7M – $4.7M |
| EBITDA range | $441K – $764K |
| Industry (NAICS) | Offices of Lawyers (541110) |
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
People & advisors
“Lloyd McAlister started his law firm in Edmond in 1985, employing only himself and a part-time secretary.”
Leadership
- LGLloyd G. McAlisterFounder · Company website · source
- KMKarla McAlisterAttorney · Company website · source
- CNCara NicklasLaw Partner · Company website · source
- CJCody JonesAssociate · Company website · source
- ARAshley RayAssociate · Company website · source
- GMGreg MulkeyAssociate · Company website · source
Advisors
- BankingKirkpatrick 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
| Kirkpatrick Bank PPP 2020, PPP 2021 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $164K | 12 |
| 3/20/2021 | second | $195K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mcalister, Mcalister, Baker & Nicklas PLLC
Mcalister, Mcalister, Baker & Nicklas PLLC is a law firms company in Edmond, Oklahoma, in business since 1985. It is owned by Lloyd McAlister (Founder). Its estimated annual revenue is about $4.1M, with roughly $670K of EBITDA. It has about 13 employees. Its estimated business value is $1.9M (likely range $987K–$2.6M).
Common questions
- Who owns Mcalister, Mcalister, Baker & Nicklas PLLC?
- Mcalister, Mcalister, Baker & Nicklas PLLC is owned by Lloyd McAlister (Founder), according to public sources such as the company's website or filings.
- How much revenue does Mcalister, Mcalister, Baker & Nicklas PLLC make?
- SeeBITDA estimates Mcalister, Mcalister, Baker & Nicklas PLLC's annual revenue at about $4.1M (likely between $2.7M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mcalister, Mcalister, Baker & Nicklas PLLC worth?
- About $1.9M, roughly 2.8× its estimated EBITDA of $670K, typical for a law firms company its size. Likely range: $987K–$2.6M.
- How many employees does Mcalister, Mcalister, Baker & Nicklas PLLC have?
- About 13, from its 2024 retirement-plan filing.
- When was Mcalister, Mcalister, Baker & Nicklas PLLC founded?
- Mcalister, Mcalister, Baker & Nicklas PLLC has been in business since 1985.
- Is Mcalister, Mcalister, Baker & Nicklas PLLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 41 years (since 1985); founder still runs it after 41 years; family in the business (karla mcalister, attorney).