SeeBITDAOklahoma

Rigid Building Group

Construction
  • 932 W State Hwy 152, Mustang, OK
  • Since 2000
  • Family-owned, 3rd generation
  • NAICS 23
Estimated valueLow confidence
$459K
$108Klikely range$878K
About 1.9× its yearly profit, typical for a company this size in its industry.
Revenue
$2.4M
a year
Profit (EBITDA)
$242K
10% of revenue
Employees
—
not reported
Leadership
David Koonce
President · source · confirmed by 2 sources
Likely to sell
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $459K

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

A typical construction business in Oklahoma$2.4M
Revenue$2.4M
× 10% profit margin$242K
× 1.9 sale multiple = value$459K

· Own this business? Correct these figures

What we know

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

Signs of a sale Likely to sell

  • In business 26 years (since 2000)
  • Founder still runs it after 26 years
  • 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

Rigid Building Group is an Oklahoma-based general contractor specializing in commercial construction, steel construction, and design-build construction, with a focus on construction management. It serves businesses, organizations, and communities.

Products & services
Pre-Engineered Metal BuildingsGeneral ContractingConstruction ManagementDesign-Build ConstructionEstimating & BudgetingCost Plus Negotiated Fee
Markets served
Commercial & CorporateIndustrial & ManufacturingAgricultural FacilitiesRetail & HospitalityEducation & InstitutionalReligious & Community BuildingsMunicipal & Public SectorCivic
Service area
Oklahomaacross the country

From the company's website. Industry: Construction.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Manufacturing

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Rigid Building Group
this business
$2.4M$242K—
RELIANCE GENERAL CONTRACTORS LLC
Mustang · 2 employees
$1.4M$179K0.3 mi
BOLD ELEMENT CUSTOM DESIGN LLC
Mustang · 1 employees
$507K$76K0.3 mi
Robbins Roofing
Mustang
$2.2M$257K0.3 mi
KING ENTERPRISES LLC
Mustang · 2 employees
$685K$96K0.4 mi
SOONER WATERPROOFING LLC
Mustang · 3 employees
$2.0M$135K0.4 mi
Owens Carpet Co
Mustang
$2.4M$242K0.4 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$459K
Multiple for this size and industry1.9×
Value range$108K – $878K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Construction businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (10%). Treat these as a rough guide.

Revenue range$718K – $3.9M
EBITDA range$71K – $385K
Industry (NAICS)Construction (23)

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 2000 by David KoonceFamily-owned · 3rd generation
“When David Koonce founded Rigid Building Group in 2000, he built the company around those same ideas.”

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 Rigid Building Group

Rigid Building Group is a family-owned construction company in Mustang, Oklahoma, in business since 2000. It is owned by David Koonce (President). Its estimated annual revenue is about $2.4M, with roughly $242K of EBITDA. Its estimated business value is $459K (likely range $108K–$878K).

Common questions

Who owns Rigid Building Group?
Rigid Building Group is owned by David Koonce (President), according to public sources such as the company's website or filings.
How much revenue does Rigid Building Group make?
SeeBITDA estimates Rigid Building Group's annual revenue at about $2.4M (likely between $718K and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Rigid Building Group worth?
About $459K, roughly 1.9× its estimated EBITDA of $242K, typical for a construction company its size. Likely range: $108K–$878K.
When was Rigid Building Group founded?
Rigid Building Group has been in business since 2000.
Is Rigid Building Group for sale?
There's no public listing, but it shows signs that often come before a sale: in business 26 years (since 2000); founder still runs it after 26 years; no family successor named on its website.