SeeBITDAOklahoma

R.l.s. Construction LLC

Other Foundation, Structure, and Building Exterior Contractors
Estimated valueMedium confidence
$3.9M
$2.1Mlikely range$5.3M
About 3.4× its yearly profit, typical for a company this size in its industry.
Revenue
$12.3M
a year
Profit (EBITDA)
$1.2M
9% of revenue
Employees
32
reported in 2020
Leadership
Rick Smith
Owner · source

How we got $3.9M

Based on its 32 employees and its payroll, both reported for PPP in 2020 and brought up to date.

32 employees × $359K each$11.5M
PPP payroll ÷ payroll's usual share of revenue$10.2M
Shown toward the top of its range×1.14
Revenue$12.3M
× 9% profit margin$1.2M
× 3.4 sale multiple = value$3.9M

· Own this business? Correct these figures

Estimated value over time

▲ 33% since 2020
$0$2.2M$4.5M20202026

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

What we know

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
R.L.S. CONSTRUCTION LLC
this business
$12.3M$1.2M—
1st Choice Exteriors
Tulsa
$2.2M$257K0.1 mi
OKCrete Tulsa Concrete Contractor
Tulsa
$2.2M$257K0.1 mi
RICHIE GLASS, LLC.
Tulsa · 1 employees
$261K$39K0.2 mi
F5 Roofing & Gutters
Tulsa
$2.2M$257K0.5 mi
Hendrix Roofing
Tulsa
$2.2M$257K0.6 mi
Dan's Roofing, Incorporated
Tulsa
$2.2M$257K0.7 mi

The full calculation

Employees reported to the SBA32
Revenue from headcount (employees × revenue per employee for companies this size)$11.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$10.2M
Estimate: the two combined (geometric mean)$12.3M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$1.2M

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$3.9M
Multiple for this size and industry3.4×
Value range$2.1M – $5.3M
Revenue range$8.1M – $14.1M
EBITDA range$756K – $1.3M
Industry (NAICS)Other Foundation, Structure, and Building Exterior Contractors (238190)

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

History & advisors

Advisors

  • BankingBMO Bank National AssociationPPP / 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

BMO Bank National Association
PPP 2020
All 119 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/30/2020first$350K$217K32BMO Bank National Association

Public records

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

About R.l.s. Construction LLC

R.l.s. Construction LLC is an other foundation, structure, and building exterior contractors company in Tulsa, Oklahoma. It is owned by Rick Smith. Its estimated annual revenue is about $12.3M, with roughly $1.2M of EBITDA. It has about 32 employees. Its estimated business value is $3.9M (likely range $2.1M–$5.3M).

Common questions

Who owns R.l.s. Construction LLC?
R.l.s. Construction LLC is owned by Rick Smith, according to public sources such as the company's website or filings.
How much revenue does R.l.s. Construction LLC make?
SeeBITDA estimates R.l.s. Construction LLC's annual revenue at about $12.3M (likely between $8.1M and $14.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is R.l.s. Construction LLC worth?
About $3.9M, roughly 3.4× its estimated EBITDA of $1.2M, typical for a other foundation, structure, and building exterior contractors company its size. Likely range: $2.1M–$5.3M.
How many employees does R.l.s. Construction LLC have?
About 32, as reported on its PPP loan.