- Robert FrySigns company filings · Form 5500 (2021)
How we got $355K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Fry & Elder is a Tulsa, Oklahoma law firm offering family law, criminal defense, personal injury, probate, adoption, guardianship and civil litigation services. The firm says it serves clients with trial representation.
From the company's website. Industry: Law firms.
Employees over time
▼ 40% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 5 | $1.3M |
| 2021 | Form 5500 | 3 | $805K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Fry and Elder this business | $943K | — |
| Harold L. Thompson Tulsa | $943K | 0.0 mi |
| JAMES CRAIG MORTON PC Tulsa · 1 employees | $376K | 0.0 mi |
| GOODE LAW, LLC Tulsa · 2 employees | $593K | 0.0 mi |
| LAIZURE LAW PLLC Tulsa · 2 employees | $528K | 0.0 mi |
| M.S. HENRY LAW OFFICE, P.L.L.C. Tulsa · 12 employees | $3.8M | 0.0 mi |
| MILITARY LAW GROUP, PLLC Tulsa · 4 employees | $931K | 0.0 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 | $355K |
| Multiple for this size and industry | 1.9× |
| Value range | $124K – $591K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Legal Services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (20%). Treat these as a rough guide.
| Revenue range | $411K – $1.3M |
| EBITDA range | $81K – $259K |
| Industry (NAICS) | Legal Services (5411) |
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. 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 Fry and Elder
Fry and Elder is a law firms company in Tulsa, Oklahoma, in business since 2010. Its estimated annual revenue is about $943K, with roughly $187K of EBITDA. It has about 3 employees. Its estimated business value is $355K (likely range $124K–$591K).
Common questions
- Who owns Fry and Elder?
- The owner of Fry and Elder 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 Fry and Elder make?
- SeeBITDA estimates Fry and Elder's annual revenue at about $943K (likely between $411K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fry and Elder worth?
- About $355K, roughly 1.9× its estimated EBITDA of $187K, typical for a law firms company its size. Likely range: $124K–$591K.
- How many employees does Fry and Elder have?
- About 3, from its 2021 retirement-plan filing.
- When was Fry and Elder founded?
- Fry and Elder has been in business since 2010.