SeeBITDAOklahoma

Network Enhancement Systems, Inc.

All Other Professional, Scientific, and Technical Services
  • 10827 E Marshall Street Suite 101, Tulsa, OK
  • Since 2001
  • NAICS 541990
Estimated valueMedium confidence
$1.9M
$1.0Mlikely range$2.6M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$2.8M
a year
Profit (EBITDA)
$503K
18% of revenue
Employees
7
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 $1.9M

Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.

7 employees × $302K each$2.1M
PPP payroll ÷ payroll's usual share of revenue$2.9M
Shown toward the top of its range×1.14
Revenue$2.8M
× 18% profit margin$503K
× 3.8 sale multiple = value$1.9M

· 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 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.

Products & services
Managed Service ProviderManaged Print ServicesIT SupportCopier Maintenance & RepairMicrosoft Azure & Cloud ServicesDesktop, high-volume, graphic arts solutions, wide format, engineering products
Service area
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 2020
$0$1.3M$2.5M20202026

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
NETWORK ENHANCEMENT SYSTEMS, INC.
this business
$2.8M$503K—
CORPORATE RESIDENTIAL SERVICES INC
Tulsa · 17 employees
$5.4M$889K1.0 mi
CONVERGENCE COMBUSTION INC
Tulsa · 1 employees
$617K$143K1.0 mi
BECHT INDUSTRIAL GROUP LLC
Tulsa
$23.0M$3.1M1.2 mi
Affordable Pet Care Veterinary Clinic - Tulsa
Tulsa
$1.2M$242K2.2 mi
MED TECH SOLUTIONS, LLC
Tulsa · 16 employees
$5.2M$932K2.2 mi
Sheridan Road Veterinary Clinic
Tulsa
$1.2M$242K2.7 mi

The full calculation

Employees reported to the SBA7
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 industry3.8×
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

Founded 2001
“Network Enhancement Systems opened its doors on July 1, 2001.”

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

ApprovedDrawAmountForgivenJobsLender
4/29/2020first$103K$104K7BancFirst

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.