Precision Equity LLC
- Joel ThompsonCo-Founder | Managing Partner · Company website
- Duff DomoneySigns company filings · Form 5500 (2022)
How we got $21.1M
Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
From the company's website. Industry: Lessors of Nonresidential Buildings (except Miniwarehouses).
Estimated value over time
▲ 14% since 2020Today'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 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 29 | $11.0M |
| 2021 | Form 5500 | 18 | $6.8M |
| 2022 | Form 5500 | 20 | $7.6M |
| 2023 | Form 5500 | 14 | $5.3M |
| 2024 | Form 5500 | 15 | $5.7M |
| 2025 | Form 5500 | 11 | $4.2M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| PRECISION EQUITY LLC this business | $22.2M | — |
| MIKE DONLEY OIL & GAS COMPANY LLC Tulsa · 1 employees | $765K | 0.6 mi |
| RIVERPORT APARTMENTS LLC Tulsa · 1 employees | $521K | 0.8 mi |
| Amazon Locker - Gayle Tulsa | $1.7M | 0.9 mi |
| Securcare Self Storage Tulsa | $1.7M | 1.0 mi |
| Extra Space Storage Tulsa | $1.7M | 1.0 mi |
| Public Storage - Tulsa Tulsa | $1.7M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 29 |
| 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 industry | 4.4× |
| 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
“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
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $238K | 29 |
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.