SeeBITDAOklahoma

Precision Equity LLC

Lessors of Nonresidential Buildings (except Miniwarehouses)
Estimated valueMedium confidence
$21.1M
$11.1Mlikely range$28.8M
About 4.4× its yearly profit, typical for a company this size in its industry.
Revenue
$22.2M
a year
Profit (EBITDA)
$4.8M
22% of revenue
Employees
29
reported in 2020
Leadership
VICTOR WHITMORE
CO-FOUNDER | MANAGING PARTNER · source · confirmed by 2 sources
Some signs of a sale
  • Joel Thompson
    Co-Founder | Managing Partner · Company website
  • Duff Domoney
    Signs company filings · Form 5500 (2022)
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $21.1M

Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.

29 employees × $866K each$25.1M
PPP payroll ÷ payroll's usual share of revenue$15.1M
Shown toward the top of its range×1.14
Revenue$22.2M
× 22% profit margin$4.8M
× 4.4 sale multiple = value$21.1M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 23 years (since 2003)
  • Headcount down 45% since 2022 (retirement plan filings)

From public records and the company's website, not a statement that it's for sale.

What they do

Precision Equity LLC is a Tulsa, OK real estate investment firm that acquires and manages multifamily and retail properties and offers investment opportunities to high net worth individuals.

Products & services
Equity partnershipRetail managementBrokerage servicesRetail leasingMulti-family managementMulti-family renovationAccelerated depreciationCost segregation studies
Markets served
high net worth individualsretail property ownersmultifamily
Service area
Florence, KYLittle Rock, ARTulsa, OKHouston Lakessix states

From the company's website. Industry: Lessors of Nonresidential Buildings (except Miniwarehouses).

Estimated value over time

▲ 14% since 2020
$0$12.1M$24.2M2020202120222023202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 62% since 2020
025502020202120222023202420252911
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan29$11.0M$2.4M
2021Form 550018$6.8M$1.5M
2022Form 550020$7.6M$1.6M
2023Form 550014$5.3M$1.1M
2024Form 550015$5.7M$1.2M
2025Form 550011$4.2M$901K

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

BusinessEst. revenueEst. profitDistance
PRECISION EQUITY LLC
this business
$22.2M$4.8M—
MIKE DONLEY OIL & GAS COMPANY LLC
Tulsa · 1 employees
$765K$244K0.6 mi
RIVERPORT APARTMENTS LLC
Tulsa · 1 employees
$521K$195K0.8 mi
Amazon Locker - Gayle
Tulsa
$1.7M$548K0.9 mi
Securcare Self Storage
Tulsa
$1.7M$548K1.0 mi
Extra Space Storage
Tulsa
$1.7M$548K1.0 mi
Public Storage - Tulsa
Tulsa
$1.7M$548K1.0 mi

The full calculation

Employees reported to the SBA29
Revenue from headcount (employees × revenue per employee for companies this size)$25.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$15.1M
Estimate: the two combined (geometric mean)$22.2M
EBITDA margin (industry, adjusted for size)22%
EBITDA = revenue × margin$4.8M

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$21.1M
Multiple for this size and industry4.4×
Value range$11.1M – $28.8M
Revenue range$14.6M – $25.3M
EBITDA range$3.1M – $5.5M
Industry (NAICS)Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded 2003
“Since inception in 2003, the company has closed on more than $200 million in total commercial real estate assets including over 2400 multi-family doors and just over 533,000 SF of retail space!”

Advisors

  • BankingMabrey BankPPP / SBA lender

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.

Banking relationships

Mabrey Bank
PPP 2020
All 851 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$238K$240K29Mabrey Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Precision Equity LLC

Precision Equity LLC is a lessors of nonresidential buildings (except miniwarehouses) company in Tulsa, Oklahoma, in business since 2003. It is owned by VICTOR WHITMORE (CO-FOUNDER | MANAGING PARTNER). Its estimated annual revenue is about $22.2M, with roughly $4.8M of EBITDA. It has about 11 employees. Its estimated business value is $21.1M (likely range $11.1M–$28.8M).

Common questions

Who owns Precision Equity LLC?
Precision Equity LLC is owned by VICTOR WHITMORE (CO-FOUNDER | MANAGING PARTNER), according to public sources such as the company's website or filings.
How much revenue does Precision Equity LLC make?
SeeBITDA estimates Precision Equity LLC's annual revenue at about $22.2M (likely between $14.6M and $25.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Precision Equity LLC worth?
About $21.1M, roughly 4.4× its estimated EBITDA of $4.8M, typical for a lessors of nonresidential buildings (except miniwarehouses) company its size. Likely range: $11.1M–$28.8M.
How many employees does Precision Equity LLC have?
About 11, from its 2025 retirement-plan filing.
When was Precision Equity LLC founded?
Precision Equity LLC has been in business since 2003.