SeeBITDAOklahoma

Midcon Property Management, LLC

All Other Professional, Scientific, and Technical Services
  • 13431 N Broadway Ste 115, Oklahoma City, OK
  • Since 2007
Estimated valueMedium confidence
$1.4M
$755Klikely range$2.0M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$2.7M
a year
Profit (EBITDA)
$478K
18% of revenue
Employees
8
reported in 2020
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $1.4M

Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.

8 employees × $302K each$2.4M
PPP payroll ÷ payroll's usual share of revenue$2.3M
Shown toward the top of its range×1.14
Revenue$2.7M
× 18% profit margin$478K
× 3 sale multiple = value$1.4M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 19 years (since 2007)

From public records and the company's website, not a statement that it's for sale.

What they do

MIDCON Property Management provides residential and commercial real estate management, leasing and commercial building inspections from Oklahoma City, with over 30 years of experience.

Products & services
Commercial Property ManagementResidential Property ManagementCommercial Building InspectionsGeneral contractingLandscapingSpace managementParking lotsLeasing equipment
Markets served
retail storesrestaurantsofficesindustrial warehouses
Service area
Oklahoma CityEdmond

From the company's website. Industry: All Other Professional, Scientific, and Technical Services.

Customers & suppliers

Customers

  • Charleston's Restaurant · named on its website
  • Blue 7 · named on its website
  • Moriah Real Estate Company, LLC · named on its website
  • Edmond Economic Development Authority · named on its website

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Restaurants
Warehousing & storage

Estimated value over time

▼ 13% since 2020
$0$947K$1.9M20202026

Today'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

BusinessEst. revenueEst. profitDistance
MIDCON PROPERTY MANAGEMENT, LLC
this business
$2.7M$478K—
MID-CON DATA SERVICES, LLC
Oklahoma City · 41 employees
$11.2M$1.6M0.0 mi
STANDARD ENTERPRISES, LTD.
Oklahoma City · 5 employees
$1.3M$266K0.2 mi
City Paws Emergency Care
Oklahoma City
$1.2M$242K0.7 mi
Oklahoma Veterinary Rehabilitation
Oklahoma City
$1.2M$242K0.7 mi
Scissortail Veterinary Specialists
Oklahoma City
$2.4M$438K0.7 mi
ANNASTIN ENERGY, LLC
Oklahoma City · 3 employees
$1.7M$337K1.0 mi

The full calculation

Employees reported to the SBA8
Revenue from headcount (employees × revenue per employee for companies this size)$2.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.3M
Estimate: the two combined (geometric mean)$2.7M
EBITDA margin (industry, adjusted for size)18%
EBITDA = revenue × margin$478K

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 industry3×
Value range$755K – $2.0M
Revenue range$1.8M – $3.0M
EBITDA range$315K – $545K
Industry (NAICS)All Other Professional, Scientific, and Technical Services (541990)

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

Leadership

  • AF
    Austin Fugitt
    Contact · Company website · source
  • KM
    Kevin McVay
    Contact · Company website · source

Advisors

  • BankingProsperity 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

Prosperity Bank
PPP 2020
All 748 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/30/2020first$82K$82K8Prosperity Bank

Public records

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

About Midcon Property Management, LLC

Midcon Property Management, LLC is an all other professional, scientific, and technical services company in Oklahoma City, Oklahoma, in business since 2007. Its estimated annual revenue is about $2.7M, with roughly $478K of EBITDA. It has about 8 employees. Its estimated business value is $1.4M (likely range $755K–$2.0M).

Common questions

Who owns Midcon Property Management, LLC?
The owner of Midcon Property Management, LLC 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 Midcon Property Management, LLC make?
SeeBITDA estimates Midcon Property Management, LLC's annual revenue at about $2.7M (likely between $1.8M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Midcon Property Management, LLC worth?
About $1.4M, roughly 3× its estimated EBITDA of $478K, typical for a all other professional, scientific, and technical services company its size. Likely range: $755K–$2.0M.
How many employees does Midcon Property Management, LLC have?
About 8, as reported on its PPP loan.
When was Midcon Property Management, LLC founded?
Midcon Property Management, LLC has been in business since 2007.