SeeBITDAOklahoma

Radio & Tv Experts LLC

Information
  • 400 N Walker Ave Ste 175, Oklahoma City, OK
  • Since 2004
  • NAICS 515112
Estimated valueMedium confidence
$6.1M
$3.2Mlikely range$8.3M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$8.3M
a year
Profit (EBITDA)
$1.3M
16% of revenue
Employees
31
reported in 2020
Leadership
Matt Wagner
President · source · confirmed by 2 sources
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $6.1M

Based on its 31 employees and its payroll, both reported for PPP in 2020 and brought up to date.

31 employees × $241K each$7.5M
PPP payroll ÷ payroll's usual share of revenue$7.1M
Shown toward the top of its range×1.14
Revenue$8.3M
× 16% profit margin$1.3M
× 4.5 sale multiple = value$6.1M

· Own this business? Correct these figures

Estimated value over time

▼ 7% since 2020
$0$3.8M$7.5M20202026

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
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 22 years (since 2004)
  • Founder still runs it after 22 years

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

What they do

Radio & Television Experts (RATE) helps real estate agents and other smart leaders use radio, television, and streaming advertising to become known and trusted. It is founded by Matt Wagner and serves top-ranking real estate agents around the US and Canada.

Products & services
RadioTelevisionDigitalCelebrity Endorsements
Markets served
real estate agentssmart leaders
Service area
USCanada

From the company's website. Industry: Information.

Customers & suppliers

Suppliers & brands

  • Blueroof360 · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Real estate

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
RADIO & TV EXPERTS LLC
this business
$8.3M$1.3M—
PERRY MEDIA GROUP, LLC
Oklahoma City · 6 employees
$1.0M$206K2.5 mi
PERRY BROADCASTING COMPANY, INC.
Oklahoma City · 29 employees
$6.4M$1.0M2.6 mi
TYLER BROADCASTING CORPORATION
Oklahoma City · 139 employees
$48.3M$6.4M4.0 mi
WPA RADIO, LLC
Oklahoma City · 3 employees
$596K$138K4.0 mi
OKC METROPLEX.COM LLC
Oklahoma City · 1 employees
$214K$49K4.5 mi
NOBEL SYSTEMS, INC.
Oklahoma City · 22 employees
$8.5M$1.2M4.9 mi

The full calculation

Employees reported to the SBA31
Revenue from headcount (employees × revenue per employee for companies this size)$7.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$7.1M
Estimate: the two combined (geometric mean)$8.3M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$1.3M

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$6.1M
Multiple for this size and industry4.5×
Value range$3.2M – $8.3M
Revenue range$5.4M – $9.4M
EBITDA range$885K – $1.5M
Industry (NAICS)Information (515112)

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 2004 by Matt Wagner
“In 2004 Radio and Television Experts LLC was founded after Wagner helped a local real estate agent double his business in one year, then another...then another.”

Advisors

  • BankingBank of America, 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

Bank of America, National Association
PPP 2020
All 1,034 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/1/2020first$275K$277K31Bank of America, National Association

Public records

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

About Radio & Tv Experts LLC

Radio & Tv Experts LLC is an information company in Oklahoma City, Oklahoma, in business since 2004. It is owned by Matt Wagner (President). Its estimated annual revenue is about $8.3M, with roughly $1.3M of EBITDA. It has about 31 employees. Its estimated business value is $6.1M (likely range $3.2M–$8.3M).

Common questions

Who owns Radio & Tv Experts LLC?
Radio & Tv Experts LLC is owned by Matt Wagner (President), according to public sources such as the company's website or filings.
How much revenue does Radio & Tv Experts LLC make?
SeeBITDA estimates Radio & Tv Experts LLC's annual revenue at about $8.3M (likely between $5.4M and $9.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Radio & Tv Experts LLC worth?
About $6.1M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a information company its size. Likely range: $3.2M–$8.3M.
How many employees does Radio & Tv Experts LLC have?
About 31, as reported on its PPP loan.
When was Radio & Tv Experts LLC founded?
Radio & Tv Experts LLC has been in business since 2004.