SeeBITDAOklahoma

Lifeway Homes

Offices of Real Estate Agents and Brokers
  • 11920 E Admiral Pl, Tulsa, OK
  • Since 2005
  • Family-owned
Estimated valueLow confidence
$735K
$322Klikely range$1.1M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$959K
a year
Profit (EBITDA)
$306K
32% of revenue
Employees
—
not reported
Mike Harrison
Owner · source · LinkedIn
Some signs of a sale

How we got $735K

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

A typical offices of real estate agents and brokers business in Oklahoma$959K
Revenue$959K
× 32% profit margin$306K
× 2.4 sale multiple = value$735K

· Own this business? Correct these figures

What we know

No PPP loan
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 21 years (since 2005)
  • Founder still runs it after 21 years

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

What they do

Lifeway Homes is a locally owned factory built home dealership in Tulsa, Oklahoma, selling modular, manufactured, and mobile homes. Its site lists homes by size, bedroom count, and manufacturer.

Products & services
Modular HomesSingle Wide HomesDouble Wide HomesTriple Wide HomesQuadruple Wide HomesTiny Homes & RV/Park ModelsTulsa State Fair HomesTrade In A HomeFinancing
Service area
OklahomaTulsa, OK

From the company's website. Industry: Offices of Real Estate Agents and Brokers.

Customers & suppliers

Suppliers & brands

  • Franklin Homes · brand it sells or installs
  • Sunshine Homes · brand it sells or installs
  • Commodore Homes · brand it sells or installs
  • Skyline Homes · brand it sells or installs
  • Champion Homes · brand it sells or installs
  • Timber Creek Housing · brand it sells or installs
  • Deer Valley Homes · brand it sells or installs
  • Athens Park Homes · brand it sells or installs
  • Jessup Housing · brand it sells or installs

Employees over time

▲ 5% since 2022
0255020222023202420252223
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2022Form 550022$7.3M$2.3M
2023Form 550014$4.7M$1.5M
2024Form 550021$7.0M$2.2M
2025Form 550023$7.7M$2.5M

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

BusinessEst. revenueEst. profitDistance
Lifeway Homes
this business
$959K$306K—
Aspen Manufactured Homes
Tulsa
$959K$306K0.1 mi
Palm Harbor Homes
Tulsa
$1.9M$554K0.3 mi
Solitaire Homes of Tulsa
Tulsa
$959K$306K0.4 mi
Cavco Home Center of Tulsa
Tulsa
$959K$306K0.4 mi
Oakwood Homes
Tulsa
$959K$306K0.5 mi
Nickle & Associates Inc
Tulsa
$959K$306K0.7 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$735K
Multiple for this size and industry2.4×
Value range$322K – $1.1M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Offices of Real Estate Agents and Brokers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (32%). Treat these as a rough guide.

Revenue range$526K – $1.2M
EBITDA range$168K – $380K
Industry (NAICS)Offices of Real Estate Agents and Brokers (5312)

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

People & advisors

Founded 2005 by Mike HarrisonFamily-owned
“Lifeway has been in operation since April 28, 2005.”

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 Lifeway Homes

Lifeway Homes is a family-owned offices of real estate agents and brokers company in Tulsa, Oklahoma, in business since 2005. It is owned by Mike Harrison. Its estimated annual revenue is about $959K, with roughly $306K of EBITDA. It has about 23 employees. Its estimated business value is $735K (likely range $322K–$1.1M).

Common questions

Who owns Lifeway Homes?
Lifeway Homes is owned by Mike Harrison, according to public sources such as the company's website or filings.
How much revenue does Lifeway Homes make?
SeeBITDA estimates Lifeway Homes's annual revenue at about $959K (likely between $526K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Lifeway Homes worth?
About $735K, roughly 2.4× its estimated EBITDA of $306K, typical for a offices of real estate agents and brokers company its size. Likely range: $322K–$1.1M.
How many employees does Lifeway Homes have?
About 23, from its 2025 retirement-plan filing.
When was Lifeway Homes founded?
Lifeway Homes has been in business since 2005.