Office Refresh, Inc.
How we got $160K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 25% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| OFFICE REFRESH, INC. this business | $499K | — |
| DANCAN INC Edmond · 20 employees | $3.1M | 0.6 mi |
| HESMAN GROUP, LLC Edmond · 2 employees | $390K | 2.6 mi |
| CHERRON INCORPORATED Edmond · 6 employees | $816K | 2.6 mi |
| MAIRA INC. Edmond · 5 employees | $940K | 3.2 mi |
| HEATHER BREHM Edmond · 3 employees | $654K | 3.3 mi |
| THE METAGAME LLC Edmond · 3 employees | $327K | 3.4 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $494K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $388K |
| Estimate: the two combined (geometric mean) | $499K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $64K |
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 | $160K |
| Multiple for this size and industry | 2.5× |
| Value range | $84K – $218K |
| Revenue range | $328K – $569K |
| EBITDA range | $42K – $73K |
| Industry (NAICS) | Food Service Contractors (722310) |
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
Advisors
- BankingInternational Bank of CommercePPP / 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 Roles are as stated there and may be out of date.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
| International Bank of Commerce PPP 2020, PPP 2021 | All 442 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $9K | 3 |
| 1/20/2021 | second | $9K | 3 |
About Office Refresh, Inc.
Office Refresh, Inc. is a food service contractors company in Edmond, Oklahoma. Its estimated annual revenue is about $499K, with roughly $64K of EBITDA. It has about 3 employees. Its estimated business value is $160K (likely range $84K–$218K).
Common questions
- Who owns Office Refresh, Inc.?
- The owner of Office Refresh, 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 Office Refresh, Inc. make?
- SeeBITDA estimates Office Refresh, Inc.'s annual revenue at about $499K (likely between $328K and $569K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Office Refresh, Inc. worth?
- About $160K, roughly 2.5× its estimated EBITDA of $64K, typical for a food service contractors company its size. Likely range: $84K–$218K.
- How many employees does Office Refresh, Inc. have?
- About 3, as reported on its PPP loan.