SeeBITDAOklahoma

TAB Services

Collection Agencies
Estimated valueLow confidence
$1.3M
$435Klikely range$2.1M
About 3× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$1.1M
a year
EBITDA
$435K
41% of revenue
Employees
—
not reported
Leadership
Phillip W. Smith
Owner and President · source · confirmed by 2 sources
Likely to sell

How we got $1.3M

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

A typical collection agencies business in Oklahoma$1.1M
Revenue$1.1M
× 41% EBITDA margin$435K
× 3 sale multiple = value$1.3M

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 63 years (since 1963)
  • 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

TAB Services is a collection agency in Tulsa, Oklahoma, operating since 1963, that collects delinquent accounts for clients and serves Oklahoma's medical, retail, and commercial markets.

Products & services
CollectionsLegal ActionCompliance
Markets served
medicalretailcommercial
Service area
OklahomaTulsa

From the company's website. Industry: Collection Agencies.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
TAB Services
this business
$1.1M$435K—
Answer Phone
Tulsa
$1.1M$214K0.0 mi
TULSA ADJUSTMENT BUREAU, INC.
Tulsa · 28 employees
$5.1M$478K0.2 mi
BOMBAY CREATIVE, INC DBA EVIE S.
Tulsa · 2 employees
$585K$76K0.9 mi
STENOMED, INCORPORATED
Tulsa · 1 employees
$163K$25K0.9 mi
THE ADVANCEMENT GROUP INC
Tulsa · 7 employees
$2.0M$241K1.0 mi
U. S. PAYMENTS, LLC
Tulsa · 52 employees
$9.4M$888K1.2 mi

Ranges & sources

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Collection Agencies businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (41%). Treat these as a rough guide.

Revenue range$441K – $1.4M
EBITDA range$181K – $585K
Industry (NAICS)Collection Agencies (561440)
Value range$435K – $2.1M

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 1963 by Charles P. Garrison
“In 1963, Tulsa Adjustment Bureau (TAB Services) founder Charles P. Garrison set out with a clear vision: serve the collection needs of Oklahoma’s medical providers and create a standard of excellence recognized in the collection industry.”

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 TAB Services

TAB Services is a collection agencies company in Tulsa, Oklahoma, in business since 1963. It is owned by Phillip W. Smith (Owner and President). Its estimated annual revenue is about $1.1M, with roughly $435K of EBITDA. Its estimated business value is $1.3M (likely range $435K–$2.1M).

Common questions

Who owns TAB Services?
TAB Services is owned by Phillip W. Smith (Owner and President), according to public sources such as the company's website or filings.
How much revenue does TAB Services make?
SeeBITDA estimates TAB Services's annual revenue at about $1.1M (likely between $441K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is TAB Services worth?
About $1.3M, roughly 3× its estimated EBITDA of $435K, typical for a collection agencies company its size. Likely range: $435K–$2.1M.
When was TAB Services founded?
TAB Services has been in business since 1963.
Is TAB Services for sale?
There's no public listing, but it shows signs that often come before a sale: in business 63 years (since 1963); no family successor named on its website.