Property Arts, Inc.
How we got $931K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 48 years (since 1978)
- 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
Property Arts is a family-owned architecture and construction firm in Broken Arrow, Oklahoma, offering architectural design for residential and commercial buildings of any size. It has served architectural clients since 1978.
From the company's website. Industry: Engineering & architecture.
Estimated value over time
▲ 30% 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
▲ 40% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 5 | $1.1M |
| 2020 | Form 5500 | 9 | $2.0M |
| 2021 | Form 5500 | 8 | $1.8M |
| 2022 | Form 5500 | 8 | $1.8M |
| 2023 | Form 5500 | 7 | $1.6M |
| 2024 | Form 5500 | 7 | $1.6M |
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 |
|---|---|---|
| PROPERTY ARTS, INC. this business | $1.5M | — |
| Techdaddy Broken Arrow | $2.0M | 0.7 mi |
| Covenant Technologies Broken Arrow | $2.0M | 0.8 mi |
| bdtronic Broken Arrow | $2.0M | 0.8 mi |
| FRESHARKITEKTUR LLC Broken Arrow · 1 employees | $270K | 0.9 mi |
| TACTICAL ELECTRONICS AND MILITARY SUPPLY LLC Broken Arrow · 52 employees | $20.3M | 0.9 mi |
| E & E ENGINEERING AND ASSOCIATES, LLC Broken Arrow · 8 employees | $2.0M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $266K |
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 | $931K |
| Multiple for this size and industry | 3.5× |
| Value range | $490K – $1.3M |
| Revenue range | $976K – $1.7M |
| EBITDA range | $175K – $303K |
| Industry (NAICS) | Architectural Services (541310) |
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
“Darrell R. Byrd, AIA, NCARB, founded Property Arts in Wagoner, Oklahoma, in 1978, and the firm has been based in Broken Arrow since 2011.”
Leadership
- DRDarrell R. Byrd, AIA, NCARBOwner, President · Company website · source
- KGKenny GoodwinArchitect · Company website · source
- AOAnna OttDraftsman / Admin. Assistant · Company website · source
- RRRoy RollinsProject Manager · Company website · source
- GRG. Ryan Van GilderAsst. Project Manager · Company website · source
- JMJennifer MataProject Coordinator · Company website · source
- LSLori SingletonOffice Manager · 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, PPP 2021 | 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 |
|---|---|---|---|
| 4/8/2020 | first | $57K | 4 |
| 4/8/2020 | first | $44K | 5 |
| 1/26/2021 | second | $47K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Property Arts, Inc.
Property Arts, Inc. is a family-owned engineering & architecture company in Broken Arrow, Oklahoma, in business since 1978. It is owned by Darrell R. Byrd. Its estimated annual revenue is about $1.5M, with roughly $266K of EBITDA. It has about 7 employees. Its estimated business value is $931K (likely range $490K–$1.3M).
Common questions
- Who owns Property Arts, Inc.?
- Property Arts, Inc. is owned by Darrell R. Byrd, according to public sources such as the company's website or filings.
- How much revenue does Property Arts, Inc. make?
- SeeBITDA estimates Property Arts, Inc.'s annual revenue at about $1.5M (likely between $976K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Property Arts, Inc. worth?
- About $931K, roughly 3.5× its estimated EBITDA of $266K, typical for a engineering & architecture company its size. Likely range: $490K–$1.3M.
- How many employees does Property Arts, Inc. have?
- About 7, from its 2024 retirement-plan filing.
- When was Property Arts, Inc. founded?
- Property Arts, Inc. has been in business since 1978.
- Is Property Arts, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 48 years (since 1978); no family successor named on its website.