SeeBITDAOklahoma

Reiss Painting Company of Oklahoma, LLC

  • 1325 N GARNETT RD, Tulsa, OK
Estimated valueMedium confidence
$1.9M
$1.0Mlikely range$2.7M
About 2.8× its yearly profit, typical for a company this size in its industry.
Revenue
$6.5M
a year
Profit (EBITDA)
$692K
11% of revenue
Employees
18
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $1.9M

Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.

18 employees × $249K each$4.5M
PPP payroll ÷ payroll's usual share of revenue$7.3M
Shown toward the top of its range×1.14
Revenue$6.5M
× 11% profit margin$692K
× 2.8 sale multiple = value$1.9M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 21% since 2020
$0$1.1M$2.2M20202026

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
REISS PAINTING COMPANY OF OKLAHOMA, LLC
this business
$6.5M$692K—
FORZA CONSTRUCTION SERVICES, LLC
Tulsa · 8 employees
$2.6M$298K0.0 mi
ARROW CONSTRUCTION RESOURCES, LLC
Tulsa · 17 employees
$6.0M$637K0.0 mi
QUALITY METAL FAB, LLC
Tulsa · 5 employees
$1.1M$146K0.7 mi
RIVER PAINT CONSTRUCTION LLC
Tulsa · 27 employees
$7.2M$759K0.8 mi
TULSA FOAM INSULATION, LLC
Tulsa · 37 employees
$11.1M$1.0M0.8 mi
INTERIORS ONE, INC.
Tulsa · 54 employees
$40.6M$3.5M0.9 mi

The full calculation

Employees reported to the SBA18
Revenue from headcount (employees × revenue per employee for companies this size)$4.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$7.3M
Estimate: the two combined (geometric mean)$6.5M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$692K

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$1.9M
Multiple for this size and industry2.8×
Value range$1.0M – $2.7M
Revenue range$4.3M – $7.5M
EBITDA range$455K – $790K
Industry (NAICS)Painting and Wall Covering Contractors (238320)

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

Advisors

  • BankingBank of CommercePPP / 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 Commerce
PPP 2020, PPP 2021
All 308 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/13/2020first$226K$228K18Bank of Commerce
2/6/2021second$173K$174K18Bank of Commerce

About Reiss Painting Company of Oklahoma, LLC

Reiss Painting Company of Oklahoma, LLC is a painting contractors company in Tulsa, Oklahoma. Its estimated annual revenue is about $6.5M, with roughly $692K of EBITDA. It has about 18 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.7M).

Common questions

Who owns Reiss Painting Company of Oklahoma, LLC?
The owner of Reiss Painting Company of Oklahoma, LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Reiss Painting Company of Oklahoma, LLC make?
SeeBITDA estimates Reiss Painting Company of Oklahoma, LLC's annual revenue at about $6.5M (likely between $4.3M and $7.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Reiss Painting Company of Oklahoma, LLC worth?
About $1.9M, roughly 2.8× its estimated EBITDA of $692K, typical for a painting contractors company its size. Likely range: $1.0M–$2.7M.
How many employees does Reiss Painting Company of Oklahoma, LLC have?
About 18, as reported on its PPP loan.