Richardson Commercial Properties
- Russell A. “Rusty” RichardsonManaging Member · Company website
- Tommy StoryController · Company website
- Indrek RedardAsset Manager · Company website
- Angela PostonAcquisitions & Dispositions Investor Relations · Company website
- Ever LopezCorporate Accounting · Company website
How we got $740K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 39 years (since 1987)
- Founder still runs it after 39 years
- Family in the business (Russell A. “Rusty” Richardson, Managing Member)
From public records and the company's website, not a statement that it's for sale.
What they do
Richardson Commercial Properties is a full-service owner, operator and developer of commercial real estate, investing in retail and office properties for partners, tenants and communities.
From the company's website. Industry: Offices of Real Estate Agents and Brokers.
Employees over time
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 6 | $2.0M |
| 2021 | Form 5500 | 7 | $2.3M |
| 2022 | Form 5500 | 7 | $2.3M |
| 2023 | Form 5500 | 6 | $2.0M |
| 2024 | Form 5500 | 5 | $1.7M |
| 2025 | Form 5500 | 6 | $2.0M |
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 |
|---|---|---|
| Richardson Commercial Properties this business | $966K | — |
| PERRAULT CRE, LLC Tulsa · 1 employees | $836K | 0.1 mi |
| SJCO HOLDINGS, LLC Tulsa · 88 employees | $62.0M | 0.1 mi |
| STAN JOHNSON SERVICES, INC. Tulsa · 79 employees | $53.6M | 0.1 mi |
| DeAnn & Jordan-The RE power couple, exp Realty Tulsa | $966K | 0.2 mi |
| Shyft Real Estate Tulsa | $966K | 0.2 mi |
| RICHERT PROPERTIES, INC Tulsa · 1 employees | $591K | 0.3 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 | $740K |
| Multiple for this size and industry | 2.4× |
| 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 – $385K |
| 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
History & advisors
“Founded by Ben Latham and Rusty Richardson in 1987 as Guardian Investors, Inc., and subsequently renamed GBR, Richardson Commercial Properties today has evolved to become one of the region’s most active investors in value-add and high-quality, stabilized centers in desirable, high-visibility locations.”
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 Richardson Commercial Properties
Richardson Commercial Properties is an offices of real estate agents and brokers company in Tulsa, Oklahoma, in business since 1987. It is owned by Kathryn Richardson (Founder). Its estimated annual revenue is about $966K, with roughly $309K of EBITDA. It has about 6 employees. Its estimated business value is $740K (likely range $322K–$1.1M).
Common questions
- Who owns Richardson Commercial Properties?
- Richardson Commercial Properties is owned by Kathryn Richardson (Founder), according to public sources such as the company's website or filings.
- How much revenue does Richardson Commercial Properties make?
- SeeBITDA estimates Richardson Commercial Properties's annual revenue at about $966K (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 Richardson Commercial Properties worth?
- About $740K, roughly 2.4× its estimated EBITDA of $309K, typical for a offices of real estate agents and brokers company its size. Likely range: $322K–$1.1M.
- How many employees does Richardson Commercial Properties have?
- About 6, from its 2025 retirement-plan filing.
- When was Richardson Commercial Properties founded?
- Richardson Commercial Properties has been in business since 1987.