SeeBITDAOklahoma

Mikel Flores & Associates PC

  • 6440 Avondale Dr, Suite 201, Nichols Hills, OK
  • Since 1994
  • NAICS 541110
Estimated valueMedium confidence
$404K
$213Klikely range$553K
About 1.9× its yearly profit, typical for a company this size in its industry.
Revenue
$1.1M
a year
Profit (EBITDA)
$213K
20% of revenue
Employees
5
reported in 2020
Leadership
Mikel Flores
Founder and attorney · source · confirmed by 2 sources
Likely to sell

How we got $404K

Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.

5 employees × $265K each$1.3M
PPP payroll ÷ payroll's usual share of revenue$668K
Shown toward the top of its range×1.14
Revenue$1.1M
× 20% profit margin$213K
× 1.9 sale multiple = value$404K

· Own this business? Correct these figures

Estimated value over time

▲ 26% since 2020
$0$232K$465K202020212022202320242026

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

▼ 40% since 2020
05102020202120222023202453
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan5$1.4M$275K
2020Form 55002$556K$110K
2021Form 55003$833K$165K
2022Form 55003$833K$165K
2023Form 55003$833K$165K
2024Form 55003$833K$165K

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

Signs of a sale Likely to sell

  • In business 32 years (since 1994)
  • Founder still runs it after 32 years
  • No family successor named on its website

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

What they do

Mikel Flores & Associates, P.C. is a law firm in Nichols Hills, Oklahoma that says it protects clients' rights under Oklahoma law. Its practice areas include personal injury, wrongful death, estate planning and white collar crimes.

Products & services
Car & Motorcycle AccidentsWrongful DeathSemi Truck AccidentsDog BitesInjuries to ChildrenMedical MalpracticeEstate PlanningFederal White Collar CrimesInsurance Bad FaithClient Portal
Markets served
Car & Motorcycle AccidentsSemi Truck AccidentsMedical MalpracticeInsurance Bad Faith
Service area
Oklahoma CityOklahomaContinental U.S

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.

Insurance agencies

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
MIKEL FLORES & ASSOCIATES PC
this business
$1.1M$213K—
JENNIFER S. FRIESEN, PC
Oklahoma City · 1 employees
$282K$66K0.0 mi
PHILIP A. FRIESEN, PC
Oklahoma City · 1 employees
$413K$96K0.0 mi
WELCH & SMITH, P.C.
Nichols Hills · 3 employees
$992K$197K0.0 mi
Longbow Lawyer
Nichols Hills
$948K$188K0.0 mi
Jim Shaw and Associates
Nichols Hills
$948K$188K0.0 mi
Family Law Solutions PC
Nichols Hills
$948K$188K0.0 mi

The full calculation

Employees reported to the SBA5
Revenue from headcount (employees × revenue per employee for companies this size)$1.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$668K
Estimate: the two combined (geometric mean)$1.1M
EBITDA margin (industry, adjusted for size)20%
EBITDA = revenue × margin$213K

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$404K
Multiple for this size and industry1.9×
Value range$213K – $553K
Revenue range$706K – $1.2M
EBITDA range$140K – $243K
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

History & advisors

Founded 1994 by Mikel Flores
“Mikel Flores founded Mikel Flores & Associates, P.C. in 1994.”

Advisors

  • BankingSimmons 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

Simmons Bank
PPP 2020, PPP 2021
All 789 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/15/2020first$29K$30K5Simmons Bank
4/30/2021second$36K$36K4Simmons Bank

Public records

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

About Mikel Flores & Associates PC

Mikel Flores & Associates PC is a law firms company in Nichols Hills, Oklahoma, in business since 1994. It is owned by Mikel Flores (Founder and attorney). Its estimated annual revenue is about $1.1M, with roughly $213K of EBITDA. It has about 3 employees. Its estimated business value is $404K (likely range $213K–$553K).

Common questions

Who owns Mikel Flores & Associates PC?
Mikel Flores & Associates PC is owned by Mikel Flores (Founder and attorney), according to public sources such as the company's website or filings.
How much revenue does Mikel Flores & Associates PC make?
SeeBITDA estimates Mikel Flores & Associates PC's annual revenue at about $1.1M (likely between $706K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Mikel Flores & Associates PC worth?
About $404K, roughly 1.9× its estimated EBITDA of $213K, typical for a law firms company its size. Likely range: $213K–$553K.
How many employees does Mikel Flores & Associates PC have?
About 3, from its 2024 retirement-plan filing.
When was Mikel Flores & Associates PC founded?
Mikel Flores & Associates PC has been in business since 1994.
Is Mikel Flores & Associates PC for sale?
There's no public listing, but it shows signs that often come before a sale: in business 32 years (since 1994); founder still runs it after 32 years; no family successor named on its website.