SeeBITDAOklahoma

Lippert Bros., Inc.

Specialty Trade Contractors
  • 2211 E I 44 Service Rd, Oklahoma City, OK
  • Since 1920
  • NAICS 238
Estimated valueLow confidence
$581K
$138Klikely range$1.1M
About 2.3× its yearly profit, typical for a company this size in its industry.
Revenue
$2.0M
a year
Profit (EBITDA)
$252K
13% of revenue
Employees
—
not reported
Leadership
Tom Lippert
President · source · confirmed by 2 sources · LinkedIn
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 $581K

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

A typical specialty trade contractors business in Oklahoma$2.0M
Revenue$2.0M
× 13% profit margin$252K
× 2.3 sale multiple = value$581K

· Own this business? Correct these figures

Employees over time

▼ 11% since 2020
025502020202120222023202420252825
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 550028$6.3M$813K
2021Form 550028$6.3M$813K
2022Form 550027$6.1M$784K
2023Form 550027$6.1M$784K
2024Form 550025$5.7M$726K
2025Form 550025$5.7M$726K

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

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

Signs of a sale Some signs of a sale

  • In business 106 years (since 1920)
  • Family in the business (Shelby Lippert, Vice President)

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Lippert Bros., Inc.
this business
$2.0M$252K—
Globe Construction Co.
Oklahoma City
$2.4M$242K0.0 mi
Suburban Graphics
Oklahoma City
$2.0M$252K0.2 mi
Sooner Fireplace
Oklahoma City
$2.0M$252K0.7 mi
URBAN CONTRACTORS LLC
Oklahoma City · 29 employees
$17.4M$1.7M0.8 mi
TOTAL DEMOLITION SERVICES LLC
Oklahoma City · 29 employees
$11.5M$1.1M0.9 mi
NEXSPACES, LLC
Oklahoma City · 24 employees
$9.3M$865K0.9 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$581K
Multiple for this size and industry2.3×
Value range$138K – $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 Specialty Trade Contractors businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.

Revenue range$586K – $3.1M
EBITDA range$75K – $392K
Industry (NAICS)Specialty Trade Contractors (238)

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

Founded 1920
“1920 Founded in Boone, Iowa”

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

LinkedIn company page
Size as the company lists it
Employees—
DOT motor carrier
USDOT 342373
Trucks (power units)2
Drivers1
Miles (2025)2,000
Registered with DOT1989

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

About Lippert Bros., Inc.

Lippert Bros., Inc. is a specialty trade contractors company in Oklahoma City, Oklahoma, in business since 1920. It is owned by Tom Lippert (President). Its estimated annual revenue is about $2.0M, with roughly $252K of EBITDA. It has about 25 employees. Its estimated business value is $581K (likely range $138K–$1.1M).

Common questions

Who owns Lippert Bros., Inc.?
Lippert Bros., Inc. is owned by Tom Lippert (President), according to public sources such as the company's website or filings.
How much revenue does Lippert Bros., Inc. make?
SeeBITDA estimates Lippert Bros., Inc.'s annual revenue at about $2.0M (likely between $586K and $3.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Lippert Bros., Inc. worth?
About $581K, roughly 2.3× its estimated EBITDA of $252K, typical for a specialty trade contractors company its size. Likely range: $138K–$1.1M.
How many employees does Lippert Bros., Inc. have?
About 25, from its 2025 retirement-plan filing.
When was Lippert Bros., Inc. founded?
Lippert Bros., Inc. has been in business since 1920.