Price Family Properties, LLC
How we got $13.8M
Based on its 37 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Price Family Properties owns and manages historic commercial and residential buildings in downtown Tulsa, leasing retail, office and apartment space. The Price family has worked downtown for more than 30 years.
From the company's website. Industry: Other Activities Related to Real Estate.
Estimated value over time
▼ 1% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PRICE FAMILY PROPERTIES, LLC this business | $13.5M | — |
| BRICKHUGGER LLC Tulsa · 2 employees | $1.3M | 0.0 mi |
| MAYO ABC LLC Tulsa · 52 employees | $17.9M | 0.0 mi |
| RIVER CITY DEVELOPMENT, LLC Tulsa · 9 employees | $3.1M | 0.0 mi |
| BARBER INVESTMENTS LLC Tulsa · 2 employees | $1.1M | 0.1 mi |
| BEAUX PROPERTY MANAGEMENT LLC Tulsa · 1 employees | $461K | 0.1 mi |
| WATTSCO DEVELOPMENT, LLC Tulsa · 6 employees | $1.3M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 37 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.0M |
| Estimate: the two combined (geometric mean) | $13.5M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $3.1M |
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 | $13.8M |
| Multiple for this size and industry | 4.4× |
| Value range | $7.3M – $18.9M |
| Revenue range | $8.9M – $15.4M |
| EBITDA range | $2.1M – $3.6M |
| Industry (NAICS) | Other Activities Related to Real Estate (531390) |
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
People & advisors
“Having worked in downtown Tulsa for more than 30 years, the Price family is excited to invest in renewing Tulsa’s position as a vibrant place to live, work and play.”
Leadership
- SPStuart PriceChairman · Company website · source
- LMLinda Mitchell PriceDirector · Company website · source
- ABAdam BrownChief Financial Officer · Company website · source
- AFAnderle F. KhaledExecutive Vice President · Company website · source
- NPNikki PriceExecutive Vice President, Property Management · Company website · source
- JNJoe NealProperty Manager · Company website · source
- LMLaTonya MurphyStaff Accountant · Company website · source
- DRDee RandallVice President, Property Management · Company website · source
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $404K | 37 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Price Family Properties, LLC
Price Family Properties, LLC is an other activities related to real estate company in Tulsa, Oklahoma, in business since 2017. It is owned by Jacqueline Price Johannsen (President). Its estimated annual revenue is about $13.5M, with roughly $3.1M of EBITDA. It has about 37 employees. Its estimated business value is $13.8M (likely range $7.3M–$18.9M).
Common questions
- Who owns Price Family Properties, LLC?
- Price Family Properties, LLC is owned by Jacqueline Price Johannsen (President), according to public sources such as the company's website or filings.
- How much revenue does Price Family Properties, LLC make?
- SeeBITDA estimates Price Family Properties, LLC's annual revenue at about $13.5M (likely between $8.9M and $15.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Price Family Properties, LLC worth?
- About $13.8M, roughly 4.4× its estimated EBITDA of $3.1M, typical for a other activities related to real estate company its size. Likely range: $7.3M–$18.9M.
- How many employees does Price Family Properties, LLC have?
- About 37, as reported on its PPP loan.
- When was Price Family Properties, LLC founded?
- Price Family Properties, LLC has been in business since 2017.