Nexspaces, LLC
How we got $2.4M
Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 23% 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.
What we know
What they do
NexSpaces provides cabinets, countertops, metalwork, and floor/wall coverings, including estimates, templates, fabrication, and installation for residential and commercial projects.
From the company's website. Industry: Fencing, siding & exterior.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEXSPACES, LLC this business | $9.3M | — |
| TOTAL DEMOLITION SERVICES LLC Oklahoma City · 29 employees | $11.5M | 0.3 mi |
| Precision Pool Oklahoma City | $1.9M | 0.4 mi |
| Performance Plaster Oklahoma City | $2.0M | 0.5 mi |
| Midwest Wrecking Co Oklahoma City | $2.0M | 2.3 mi |
| Precision Concrete Cutting of Oklahoma Oklahoma City | $2.0M | 2.7 mi |
| RALSTON CONSTRUCTION CLEAN-UP, INC. Oklahoma City · 5 employees | $1.5M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.3M |
| Estimate: the two combined (geometric mean) | $9.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $865K |
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 | $2.4M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.3M – $3.3M |
| Revenue range | $6.1M – $10.6M |
| EBITDA range | $569K – $986K |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
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, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“With over 30 years of combined experience, NexSpaces has been supplying premium cabinets, countertops, metalwork and floor/wall coverings.”
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $201K | 24 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Nexspaces, LLC
Nexspaces, LLC is a fencing, siding & exterior company in Oklahoma City, Oklahoma, in business since 2013. Its estimated annual revenue is about $9.3M, with roughly $865K of EBITDA. It has about 24 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns Nexspaces, LLC?
- The owner of Nexspaces, 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 Nexspaces, LLC make?
- SeeBITDA estimates Nexspaces, LLC's annual revenue at about $9.3M (likely between $6.1M and $10.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nexspaces, LLC worth?
- About $2.4M, roughly 2.8× its estimated EBITDA of $865K, typical for a fencing, siding & exterior company its size. Likely range: $1.3M–$3.3M.
- How many employees does Nexspaces, LLC have?
- About 24, as reported on its PPP loan.
- When was Nexspaces, LLC founded?
- Nexspaces, LLC has been in business since 2013.