SeeBITDAOklahoma

Red Plains Professional, Inc.

Estimated valueMedium confidence
$7.4M
$3.9Mlikely range$10.1M
About 5.2× its yearly profit, typical for a company this size in its industry.
Revenue
$10.6M
a year
Profit (EBITDA)
$1.4M
13% of revenue
Employees
27
reported in 2020
Leadership
Mark Farris, PE
Founder · source
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 $7.4M

Based on its 27 employees and its payroll, both reported for PPP in 2020 and brought up to date.

27 employees × $300K each$8.1M
PPP payroll ÷ payroll's usual share of revenue$10.7M
Shown toward the top of its range×1.14
Revenue$10.6M
× 13% profit margin$1.4M
× 5.2 sale multiple = value$7.4M

· Own this business? Correct these figures

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 29 years (since 1997)
  • Founder still runs it after 29 years
  • Family in the business (Tim Scott, PE, Vice President & Director of Engineering)

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

What they do

Red Plains Professional, Inc. is a professional services firm offering engineering, planning, GIS, grant writing and construction management consulting, with a focus on tribal transportation and public and private projects.

Products & services
Engineering DesignPlanningLand DevelopmentGIS and Asset ManagementGrant WritingConstruction ManagementCivil EngineeringTransportation DesignRight-of-WayHydraulic AnalysisTrafficStormwater Design
Markets served
Tribespublic facilitiesresidentialeconomic developmenteducation
Service area
WashingtonOklahomaUtahIdahoNew Mexico
Certifications
ESRI Bronze PartnerATTWGTTPONTICCITA

From the company's website. Industry: Engineering & architecture.

Customers & suppliers

Customers

  • Shoalwater Bay Tribe · named on its website
  • Nooksack Tribe · named on its website
  • Zuni Pueblo · named on its website
  • Cheyenne and Arapaho Tribes · named on its website
  • College of Muscogee Nation · named on its website
  • Edmond Memorial High School · named on its website
  • Muckleshoot Tribe · named on its website
  • Samish Tribe · named on its website
  • Kalispel Tribe · named on its website
  • Chickasaw Community Bank · named on its website
  • Salad and Go · named on its website
  • Redbud Elementary - Edmond Public Schools · named on its website
  • Karuk Tribe (KRTC) · named on its website
  • Quinault Nation · named on its website
  • Exotic Motorsports · named on its website

Suppliers & brands

  • ESRI · brand it sells or installs

Estimated value over time

▲ 90% since 2020
$0$4.2M$8.5M20202026

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
RED PLAINS PROFESSIONAL, INC.
this business
$10.6M$1.4M—
EAGLE CONSULTANTS INC
Edmond · 3 employees
$782K$155K0.0 mi
THILSTED ARCHITECTURE LLC
Edmond · 1 employees
$338K$79K0.4 mi
429 GROUP LLC
Edmond · 2 employees
$711K$165K0.4 mi
BEACON ENVIRONMENTAL ASSISTANCE CORPORATION
Edmond · 21 employees
$8.2M$1.2M0.4 mi
MediaRon LLC
Edmond
$2.0M$393K0.4 mi
SCHWANS LAWN AND LANDSCAPING LLC
Edmond · 1 employees
$238K$55K0.5 mi

The full calculation

Employees reported to the SBA27
Revenue from headcount (employees × revenue per employee for companies this size)$8.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$10.7M
Estimate: the two combined (geometric mean)$10.6M
EBITDA margin (industry, adjusted for size)13%
EBITDA = revenue × margin$1.4M

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$7.4M
Multiple for this size and industry5.2×
Value range$3.9M – $10.1M
Revenue range$7.0M – $12.1M
EBITDA range$935K – $1.6M
Industry (NAICS)Engineering Services (541330)

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 1997 by Mark Farris, PE
“Mark Farris, PE, founded Red Plains Professional Inc. in 1997 and worked hard to develop the foundation and company culture that still lives on today in each of us.”

Advisors

  • BankingRCB 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

RCB Bank
PPP 2020, PPP 2021
All 1,690 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$483K$488K27RCB Bank
4/11/2021second$483K$489K24RCB Bank

Public records

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

About Red Plains Professional, Inc.

Red Plains Professional, Inc. is an engineering & architecture company in Edmond, Oklahoma, in business since 1997. It is owned by Mark Farris, PE (Founder). Its estimated annual revenue is about $10.6M, with roughly $1.4M of EBITDA. It has about 27 employees. Its estimated business value is $7.4M (likely range $3.9M–$10.1M).

Common questions

Who owns Red Plains Professional, Inc.?
Red Plains Professional, Inc. is owned by Mark Farris, PE (Founder), according to public sources such as the company's website or filings.
How much revenue does Red Plains Professional, Inc. make?
SeeBITDA estimates Red Plains Professional, Inc.'s annual revenue at about $10.6M (likely between $7.0M and $12.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Red Plains Professional, Inc. worth?
About $7.4M, roughly 5.2× its estimated EBITDA of $1.4M, typical for a engineering & architecture company its size. Likely range: $3.9M–$10.1M.
How many employees does Red Plains Professional, Inc. have?
About 27, as reported on its PPP loan.
When was Red Plains Professional, Inc. founded?
Red Plains Professional, Inc. has been in business since 1997.