Regal
How we got $4.9M
Based on its 15 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 158% 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
▼ 13% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 15 | $11.6M |
| 2020 | Form 5500 | 7 | $5.4M |
| 2021 | Form 5500 | 9 | $7.0M |
| 2022 | Form 5500 | 11 | $8.5M |
| 2023 | Form 5500 | 14 | $10.8M |
| 2024 | Form 5500 | 13 | $10.0M |
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Regal Oilfield Supply is a family owned oilfield supply company in Alva, OK that sells pipe, fittings, and general oilfield supplies and delivers to work sites. It serves oilfield operations across Oklahoma.
From the company's website. Industry: Industrial Supplies Merchant Wholesalers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MARSAU ENTERPRISES, INC. · Enid, 52 mi · $144.4M
- GORE NITROGEN PUMPING SERVICE, LLC · Seiling, 45 mi · $109.2M
- POWER RIG, LLC · Woodward, 46 mi · $75.1M
- RITE-WAY CONSTRUCTION LLC · Enid, 54 mi · $68.9M
- PLAINVIEW BRINE LLC · Freedom, 33 mi · $55.6M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| REGAL this business | $15.4M | — |
| DEVERY IMPLEMENT, LLC Alva · 3 employees | $3.1M | 1.9 mi |
| LATITUDE EQUIPMENT LLC Dacoma · 1 employees | $1.5M | 9.5 mi |
| S. L. SCHROEDER TRUCKING INC Cleo Springs · 1 employees | $1.4M | 28.5 mi |
| MARTENS MACHINE SHOP, LLC Fairview · 9 employees | $7.5M | 35.4 mi |
| STURGEON'S CORNER LLC Meno · 7 employees | $5.3M | 38.0 mi |
| CIRCLE L INVESTMENTS, LLC Woodward · 6 employees | $7.4M | 45.3 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.2M |
| Estimate: the two combined (geometric mean) | $15.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.1M |
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 | $4.9M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.6M – $6.7M |
| Revenue range | $10.1M – $17.6M |
| EBITDA range | $745K – $1.3M |
| Industry (NAICS) | Industrial Supplies Merchant Wholesalers (423840) |
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
Advisors
- BankingCommunity 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
| Community Bank PPP 2021 | All 95 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/28/2021 | second | $167K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Regal
Regal is a family-owned industrial supplies merchant wholesalers company in Alva, Oklahoma, in business since 2008. It is owned by Wayne Neilson. Its estimated annual revenue is about $15.4M, with roughly $1.1M of EBITDA. It has about 13 employees. Its estimated business value is $4.9M (likely range $2.6M–$6.7M).
Common questions
- Who owns Regal?
- Regal is owned by Wayne Neilson, according to public sources such as the company's website or filings.
- How much revenue does Regal make?
- SeeBITDA estimates Regal's annual revenue at about $15.4M (likely between $10.1M and $17.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Regal worth?
- About $4.9M, roughly 4.3× its estimated EBITDA of $1.1M, typical for a industrial supplies merchant wholesalers company its size. Likely range: $2.6M–$6.7M.
- How many employees does Regal have?
- About 13, from its 2024 retirement-plan filing.
- When was Regal founded?
- Regal has been in business since 2008.