SeeBITDAOklahoma

Nelson Industrial Services, Inc

Other Building Finishing Contractors
Estimated valueMedium confidence
$9.6M
$5.1Mlikely range$13.2M
About 4.1× its yearly profit, typical for a company this size in its industry.
Revenue
$27.1M
a year
Profit (EBITDA)
$2.3M
9% of revenue
Employees
89
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $9.6M

Based on its 89 employees and its payroll, both reported for PPP in 2020 and brought up to date.

89 employees × $302K each$26.9M
PPP payroll ÷ payroll's usual share of revenue$20.9M
Shown toward the top of its range×1.14
Revenue$27.1M
× 9% profit margin$2.3M
× 4.1 sale multiple = value$9.6M

· Own this business? Correct these figures

Estimated value over time

▲ 24% since 2020
$0$5.5M$11.1M202020212022202320242026

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

▼ 13% since 2020
050100202020212022202320248977
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan89$17.9M$1.6M
2020Form 550049$9.9M$856K
2021Form 550056$11.3M$978K
2022Form 550053$10.7M$926K
2023Form 550065$13.1M$1.1M
2024Form 550077$15.5M$1.3M

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 not found
Trucking registration (FMCSA)

Signs of a sale Some signs of a sale

  • In business 35 years (since 1991)

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
NELSON INDUSTRIAL SERVICES, INC
this business
$27.1M$2.3M—
WAGNER CUSTOM MILLWORK
Oklahoma City · 8 employees
$2.8M$325K0.8 mi
Northcutt's Wholesale Carpet
Oklahoma City
$4.0M$479K0.9 mi
OKLAHOMA CEILING SYSTEMS AND DRYWALL
Oklahoma City · 27 employees
$13.7M$1.3M1.1 mi
OGD Overhead Garage Door
Oklahoma City
$3.9M$457K1.1 mi
CONESTOGA CUSTOM TRIM LLC
Oklahoma City · 1 employees
$372K$56K1.2 mi
C&A RUBBER, INC
Oklahoma City · 3 employees
$2.0M$227K1.3 mi

The full calculation

Employees reported to the SBA89
Revenue from headcount (employees × revenue per employee for companies this size)$26.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$20.9M
Estimate: the two combined (geometric mean)$27.1M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$2.3M

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$9.6M
Multiple for this size and industry4.1×
Value range$5.1M – $13.2M
Revenue range$17.8M – $30.9M
EBITDA range$1.5M – $2.7M
Industry (NAICS)Other Building Finishing Contractors (238390)

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

Advisors

  • BankingPrime 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

Prime Bank
PPP 2020
All 79 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/6/2020first$757K$762K89Prime Bank

Public records

LinkedIn company page
Size as the company lists it
Employees—
DOT motor carrier
USDOT 460549 · hazmat
Trucks (power units)27
Drivers25
Miles (2022)370,000
Registered with DOT1991

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

About Nelson Industrial Services, Inc

Nelson Industrial Services, Inc is an other building finishing contractors company in Oklahoma City, Oklahoma, in business since 1991. Its estimated annual revenue is about $27.1M, with roughly $2.3M of EBITDA. It has about 77 employees. Its estimated business value is $9.6M (likely range $5.1M–$13.2M).

Common questions

Who owns Nelson Industrial Services, Inc?
The owner of Nelson Industrial Services, 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 Nelson Industrial Services, Inc make?
SeeBITDA estimates Nelson Industrial Services, Inc's annual revenue at about $27.1M (likely between $17.8M and $30.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Nelson Industrial Services, Inc worth?
About $9.6M, roughly 4.1× its estimated EBITDA of $2.3M, typical for a other building finishing contractors company its size. Likely range: $5.1M–$13.2M.
How many employees does Nelson Industrial Services, Inc have?
About 77, from its 2024 retirement-plan filing.
When was Nelson Industrial Services, Inc founded?
Nelson Industrial Services, Inc has been in business since 1991.