SeeBITDAOklahoma

Oklahoma Building Services Inc

Estimated valueMedium confidence
$3.1M
$1.6Mlikely range$4.2M
About 3.4× its yearly profit, typical for a company this size in its industry.
Revenue
$9.5M
a year
Profit (EBITDA)
$899K
9% of revenue
Employees
110
reported in 2020
Leadership
DANIEL HONIKER, JR.
President/CEO · source · confirmed by 2 sources
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $3.1M

Based on its 110 employees and its payroll, both reported for PPP in 2020 and brought up to date.

110 employees × $83K each$9.1M
PPP payroll ÷ payroll's usual share of revenue$7.6M
Shown toward the top of its range×1.14
Revenue$9.5M
× 9% profit margin$899K
× 3.4 sale multiple = value$3.1M

· Own this business? Correct these figures

Estimated value over time

▲ 8% since 2020
$0$1.8M$3.5M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 28 years (since 1998)
  • No family successor named on its website

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

What they do

Oklahoma Building Services is a locally owned commercial janitorial company serving the Oklahoma City and Tulsa metro areas. It provides cleaning and janitorial services to businesses and institutions, with a specialty in K-12 education.

Products & services
Full Janitorial OutfittingEnhanced CleaningElectrostatic DisinfectingCarpet Extraction & ShampooingHard Surface Floor CareStripping, Waxing & SealingWindow Cleaning (Ground Level Only)Construction CleanupDispenser InstallationPaper Goods & Consumables24/7 Emergency CleanupHands-On Management
Markets served
K-12 EducationCommercial Office FacilitiesHigher EducationLibrariesBanking & FinancialLocal GovernmentConvention CentersStadiums & Arenas
Service area
Oklahoma CityTulsa

From the company's website. Industry: Commercial cleaning & janitorial.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
OKLAHOMA BUILDING SERVICES INC
this business
$9.5M$899K—
Trinity Janitorial Services
Oklahoma City
$958K$124K0.1 mi
Reliance Pest Solutions
Oklahoma City
$958K$124K0.1 mi
Pan Glo Services
Oklahoma City
$958K$124K0.1 mi
ARTISAN GROUP LLC
Oklahoma City · 4 employees
$702K$107K0.3 mi
EMERY INVESTMENTS, INC.
Oklahoma City · 16 employees
$2.1M$241K0.3 mi
FIBER-SEAL OF CENTAL OKLAHOMA INC.
Oklahoma City · 9 employees
$1.2M$158K0.3 mi

The full calculation

Employees reported to the SBA110
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)$7.6M
Estimate: the two combined (geometric mean)$9.5M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$899K

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$3.1M
Multiple for this size and industry3.4×
Value range$1.6M – $4.2M
Revenue range$6.3M – $10.9M
EBITDA range$591K – $1.0M
Industry (NAICS)Janitorial Services (561720)

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

Founded 1998
“Oklahoma Building Services has been in business since 1998 and is locally owned and operated.”

Advisors

  • BankingFirst Fidelity 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

First Fidelity Bank
PPP 2020
All 940 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/13/2020first$449K$454K110First Fidelity Bank

Public records

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

About Oklahoma Building Services Inc

Oklahoma Building Services Inc is a commercial cleaning & janitorial company in Oklahoma City, Oklahoma, in business since 1998. It is owned by DANIEL HONIKER, JR. (President/CEO). Its estimated annual revenue is about $9.5M, with roughly $899K of EBITDA. It has about 110 employees. Its estimated business value is $3.1M (likely range $1.6M–$4.2M).

Common questions

Who owns Oklahoma Building Services Inc?
Oklahoma Building Services Inc is owned by DANIEL HONIKER, JR. (President/CEO), according to public sources such as the company's website or filings.
How much revenue does Oklahoma Building Services Inc make?
SeeBITDA estimates Oklahoma Building Services Inc's annual revenue at about $9.5M (likely between $6.3M and $10.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Oklahoma Building Services Inc worth?
About $3.1M, roughly 3.4× its estimated EBITDA of $899K, typical for a commercial cleaning & janitorial company its size. Likely range: $1.6M–$4.2M.
How many employees does Oklahoma Building Services Inc have?
About 110, as reported on its PPP loan.
When was Oklahoma Building Services Inc founded?
Oklahoma Building Services Inc has been in business since 1998.