Network Enhancement Systems, Inc.
How we got $1.9M
Based on its 7 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 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Network Enhancement Systems, Inc. is a Tulsa, OK provider of IT solutions and managed services, including managed print and copier services, for businesses in eastern Oklahoma.
From the company's website. Industry: All Other Professional, Scientific, and Technical Services.
Customers & suppliers
Suppliers & brands
- Microsoft · brand it sells or installs
Estimated value over time
▼ 13% 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 |
|---|---|---|
| NETWORK ENHANCEMENT SYSTEMS, INC. this business | $2.8M | — |
| CORPORATE RESIDENTIAL SERVICES INC Tulsa · 17 employees | $5.4M | 1.0 mi |
| CONVERGENCE COMBUSTION INC Tulsa · 1 employees | $617K | 1.0 mi |
| BECHT INDUSTRIAL GROUP LLC Tulsa | $23.0M | 1.2 mi |
| Affordable Pet Care Veterinary Clinic - Tulsa Tulsa | $1.2M | 2.2 mi |
| MED TECH SOLUTIONS, LLC Tulsa · 16 employees | $5.2M | 2.2 mi |
| Sheridan Road Veterinary Clinic Tulsa | $1.2M | 2.7 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $503K |
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 | 3.8× |
| Value range | $1.0M – $2.6M |
| Revenue range | $1.8M – $3.2M |
| EBITDA range | $331K – $574K |
| 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
History & advisors
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $103K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Network Enhancement Systems, Inc.
Network Enhancement Systems, Inc. is an all other professional, scientific, and technical services company in Tulsa, Oklahoma, in business since 2001. Its estimated annual revenue is about $2.8M, with roughly $503K of EBITDA. It has about 7 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns Network Enhancement Systems, Inc.?
- The owner of Network Enhancement Systems, 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 Network Enhancement Systems, Inc. make?
- SeeBITDA estimates Network Enhancement Systems, Inc.'s annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Network Enhancement Systems, Inc. worth?
- About $1.9M, roughly 3.8× its estimated EBITDA of $503K, typical for a all other professional, scientific, and technical services company its size. Likely range: $1.0M–$2.6M.
- How many employees does Network Enhancement Systems, Inc. have?
- About 7, as reported on its PPP loan.
- When was Network Enhancement Systems, Inc. founded?
- Network Enhancement Systems, Inc. has been in business since 2001.