SeeBITDAOklahoma
Estimated valueLow confidence
$535K
$157Klikely range$958K
About 2.5× its yearly profit, typical for a company this size in its industry.
Revenue
$1.1M
a year
Profit (EBITDA)
$214K
20% of revenue
Employees
—
not reported
Leadership
Jon Scoggins
President | CEO · source · confirmed by 2 sources
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $535K

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

A typical staffing & recruiting business in Oklahoma$1.1M
Revenue$1.1M
× 20% profit margin$214K
× 2.5 sale multiple = value$535K

· Own this business? Correct these figures

Employees over time

051020206
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 55006$610K$121K

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, 2020
No reported financials
Company website
Owner named

What they do

Thrive PEO is a Tulsa, Oklahoma professional employer organization offering HR technology and hands-on HR support, and it also runs a broker program for insurance agencies serving small group clients.

Products & services
Employee Benefits & AdministrationPayroll & Tax AdministrationTime & AttendanceHuman Resources & ComplianceApplicant TrackingEmployee EngagementWorkers' Compensation & Risk ManagementExpense ManagementPeople Cloud OverviewBroker Program
Markets served
small and mid-sized companiessmall group clients
Service area
Tulsa, Oklahoma
Certifications
FL License: EL574

From the company's website. Industry: Staffing & recruiting.

Customers & suppliers

Suppliers & brands

  • isolved · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Thrive PEO
this business
$1.1M$214K—
TASK FORCE STAFFING, LLC
Tulsa · 222 employees
$22.3M$2.0M0.1 mi
Apa Services
Tulsa
$1.1M$214K0.3 mi
TULSA STAFF LLC
Tulsa · 1 employees
$164K$25K0.5 mi
Asset Employment Group
Tulsa
$1.1M$214K0.6 mi
TRS The Recruiting Specialists
Tulsa
$1.1M$214K0.8 mi
AGILITY PARTNERS LLC
Tulsa · 1 employees
$314K$48K1.4 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$535K
Multiple for this size and industry2.5×
Value range$157K – $958K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Professional Employer Organizations businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (20%). Treat these as a rough guide.

Revenue range$396K – $1.6M
EBITDA range$78K – $319K
Industry (NAICS)Professional Employer Organizations (561330)

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

“Thrive PEO was founded in Tulsa — a city built by resilient entrepreneurs and grounded in values like trust, grit, and collaboration.”

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 Thrive PEO

Thrive PEO is a staffing & recruiting company in Tulsa, Oklahoma, in business since 2020. It is owned by Jon Scoggins (President | CEO). Its estimated annual revenue is about $1.1M, with roughly $214K of EBITDA. It has about 6 employees. Its estimated business value is $535K (likely range $157K–$958K).

Common questions

Who owns Thrive PEO?
Thrive PEO is owned by Jon Scoggins (President | CEO), according to public sources such as the company's website or filings.
How much revenue does Thrive PEO make?
SeeBITDA estimates Thrive PEO's annual revenue at about $1.1M (likely between $396K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Thrive PEO worth?
About $535K, roughly 2.5× its estimated EBITDA of $214K, typical for a staffing & recruiting company its size. Likely range: $157K–$958K.
How many employees does Thrive PEO have?
About 6, from its 2020 retirement-plan filing.
When was Thrive PEO founded?
Thrive PEO has been in business since 2020.