50 Penn Place
How we got $735K
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 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
50 Penn Place is a 16-story mixed-use office and retail tower in Oklahoma City offering flexible office and retail suites for businesses of all sizes.
From the company's website. Industry: Offices of Real Estate Agents and Brokers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| 50 Penn Place this business | $959K | — |
| Escrow Strategy Oklahoma City | $1.9M | 0.0 mi |
| Black Label Realty Oklahoma City | $959K | 0.0 mi |
| Aqui Chaves Real Estate Team Oklahoma City | $959K | 0.0 mi |
| Tiffany Knauf, Equity Oklahoma Real Estate Oklahoma City | $959K | 0.0 mi |
| Topographic Oklahoma City | $959K | 0.0 mi |
| Barnes Real Estate School Oklahoma City | $959K | 0.0 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 | $735K |
| 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 – $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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About 50 Penn Place
50 Penn Place is an offices of real estate agents and brokers company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Dennis Udwin (President). Its estimated annual revenue is about $959K, with roughly $306K of EBITDA. Its estimated business value is $735K (likely range $322K–$1.1M).
Common questions
- Who owns 50 Penn Place?
- 50 Penn Place is owned by Dennis Udwin (President), according to public sources such as the company's website or filings.
- How much revenue does 50 Penn Place make?
- SeeBITDA estimates 50 Penn Place'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 50 Penn Place 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.
- When was 50 Penn Place founded?
- 50 Penn Place has been in business since 1998.