Witt Lining Systems
- John BieriGeneral Manager · Company website
- Amy WebsterOffice Manager · Company website
- Todd C. HagopianSigns company filings · Form 5500 (2020)
How we got $426K
Based on typical figures for its industry (2022 Economic Census), not its own records.
Employees over time
▲ 13% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 8 | $801K |
| 2021 | Form 5500 | 9 | $901K |
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.
What we know
Signs of a sale Likely to sell
- In business 54 years (since 1972)
- 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
Witt Lining Systems provides flexible PVC corrosion-resistant drop-in liners for tanks, containment pits, trenches and floors. It serves industrial customers across many industries, from small to mid-sized manufacturers to Fortune 500 companies, government agencies and municipalities.
From the company's website. Industry: Administrative and support and waste management and remediation services.
Customers & suppliers
Customers
- US Department of Commerce · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ONEOK, Inc. · Tulsa, 25 mi · $33.63B
- Helmerich & Payne · Tulsa, 25 mi · $3.75B
- EXPLORER PIPELINE COMPANY · Tulsa, 26 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 26 mi · $467.9M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 24 mi · $326.8M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Witt Lining Systems this business | $1.3M | — |
| All American Septic LLC Claremore | $2.7M | 0.3 mi |
| Aztec Locksmith Claremore | $2.0M | 0.4 mi |
| JIM RIPLEY SERVICES, INC. Claremore · 2 employees | $576K | 0.4 mi |
| Murphections Affordable Upholstery Claremore | $958K | 0.5 mi |
| GREENMAN LAWN CARE LLC Claremore · 4 employees | $1.2M | 0.8 mi |
| Claremore Elks Lodge #1230 Wedding and Event Center Claremore | $1.1M | 1.0 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 | $426K |
| Multiple for this size and industry | 2.5× |
| Value range | $106K – $763K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Administrative and support and waste management and remediation services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (14%). Treat these as a rough guide.
| Revenue range | $391K – $1.9M |
| EBITDA range | $53K – $254K |
| Industry (NAICS) | Administrative and support and waste management and remediation services (56) |
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
History & advisors
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Witt Lining Systems
Witt Lining Systems is an administrative and support and waste management and remediation services company in Claremore, Oklahoma, in business since 1972. It is owned by Jeff Raymond (Vice-President of Operations). Its estimated annual revenue is about $1.3M, with roughly $171K of EBITDA. It has about 9 employees. Its estimated business value is $426K (likely range $106K–$763K).
Common questions
- Who owns Witt Lining Systems?
- Witt Lining Systems is owned by Jeff Raymond (Vice-President of Operations), according to public sources such as the company's website or filings.
- How much revenue does Witt Lining Systems make?
- SeeBITDA estimates Witt Lining Systems's annual revenue at about $1.3M (likely between $391K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Witt Lining Systems worth?
- About $426K, roughly 2.5× its estimated EBITDA of $171K, typical for a administrative and support and waste management and remediation services company its size. Likely range: $106K–$763K.
- How many employees does Witt Lining Systems have?
- About 9, from its 2021 retirement-plan filing.
- When was Witt Lining Systems founded?
- Witt Lining Systems has been in business since 1972.
- Is Witt Lining Systems for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 54 years (since 1972); no family successor named on its website.