SeeBITDAOklahoma
Estimated valueLow confidence
$459K
$108Klikely range$875K
About 1.9× its yearly profit, typical for a company this size in its industry.
Revenue
$2.4M
a year
Profit (EBITDA)
$241K
10% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale
  • Dan Banks
    Consultant (author of consulting resume; signs as PE) · Company website

How we got $459K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical engineering & architecture business in Oklahoma$2.4M
Revenue$2.4M
× 10% profit margin$241K
× 1.9 sale multiple = value$459K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 29 years (since 1997)

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

What they do

Banks Engineering is a consultancy that describes itself as primarily incinerator, furnace and flare consultants, offering design, troubleshooting, project management, and training for combustion equipment.

Products & services
incinerator system consultingflue gas scrubber designemergency flare helpburner designthermal oxidizer consultingfurnace safety trainingfurnace capacity debottleneckingstack air permit helpthermal oxidizer HAZOPSwaste gas flare consultingloading terminal T.O. upgradespulp mill NCG burner design
Markets served
pulp millloading terminal
Certifications
PE

From the company's website. Industry: Engineering & architecture.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Banks Engineering
this business
$2.4M$241K—
Gleam Guard Cabinet Refinishing - Tulsa
Jenks
$2.0M$250K0.2 mi
Parker Inspections Of Tulsa, Inc - Trusted Tulsa Home & Commercial Inspections
Tulsa
$2.0M$250K0.2 mi
SERVPRO of Central Tulsa
Tulsa
$2.0M$250K0.3 mi
Mighty Movers Relocation
Tulsa
$3.9M$453K0.3 mi
Black Tie Cleaning Service
Tulsa
$2.0M$250K0.4 mi
On The Field Flooring
Tulsa
$2.0M$250K0.4 mi

The full calculation

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$459K
Multiple for this size and industry1.9×
Value range$108K – $875K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Engineering Services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (10%). Treat these as a rough guide.

Revenue range$720K – $3.9M
EBITDA range$71K – $384K
Industry (NAICS)Engineering Services (541330)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

Public records

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

About Banks Engineering

Banks Engineering is an engineering & architecture company in Tulsa, Oklahoma, in business since 1997. Its estimated annual revenue is about $2.4M, with roughly $241K of EBITDA. Its estimated business value is $459K (likely range $108K–$875K).

Common questions

Who owns Banks Engineering?
The owner of Banks Engineering 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 Banks Engineering make?
SeeBITDA estimates Banks Engineering's annual revenue at about $2.4M (likely between $720K and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Banks Engineering worth?
About $459K, roughly 1.9× its estimated EBITDA of $241K, typical for a engineering & architecture company its size. Likely range: $108K–$875K.
When was Banks Engineering founded?
Banks Engineering has been in business since 1997.