SeeBITDAOklahoma
  • 6601 Boucher Dr, Edmond, OK
  • Since 2019
New owners FY2020
Estimated valueMedium confidence
$6.8M
$3.6Mlikely range$9.3M
About 3.4× its yearly profit, typical for a company this size in its industry.
Revenue
$23.0M
a year
Profit (EBITDA)
$2.0M
9% of revenue
Employees
51
reported in 2020
Tim Badilla
President · source

How we got $6.8M

Based on its 51 employees and its payroll, both reported for PPP in 2020 and brought up to date.

51 employees × $378K each$19.3M
PPP payroll ÷ payroll's usual share of revenue$21.1M
Shown toward the top of its range×1.14
Revenue$23.0M
× 9% profit margin$2.0M
× 3.4 sale multiple = value$6.8M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Estimated value over time

▲ 23% since 2020
$0$3.9M$7.9M2020202120222023202420252026

Today'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

▲ 0% since 2020
0501002020202120222023202420255151
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan51$13.0M$1.1M
2020Form 550036$9.2M$799K
2021Form 550025$6.4M$555K
2022Form 550020$5.1M$444K
2023Form 550033$8.4M$732K
2024Form 550038$9.7M$843K
2025Form 550051$13.0M$1.1M

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.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
RESTEK, INC.
this business
$23.0M$2.0M—
JEFF DAVIS & SONS FARM & METALS LLC
Edmond · 1 employees
$714K$107K0.8 mi
ABLE ELECTRIC
Edmond · 5 employees
$2.0M$232K0.9 mi
GROUND ZERO EXCAVATION, LLC
Edmond · 5 employees
$1.0M$131K1.1 mi
RED DIRT CONSTRUCTION, LLC
Edmond · 19 employees
$6.3M$666K1.1 mi
BASS ENTERPRISES, LLC
Edmond · 4 employees
$1.4M$184K1.1 mi
TOOLS IN HAND HOME REPAIR LLC
Edmond · 2 employees
$840K$108K1.6 mi

The full calculation

Employees reported to the SBA51
Revenue from headcount (employees × revenue per employee for companies this size)$19.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$21.1M
Estimate: the two combined (geometric mean)$23.0M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$2.0M

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$6.8M
Multiple for this size and industry3.4×
Value range$3.6M – $9.3M
Revenue range$15.1M – $26.2M
EBITDA range$1.3M – $2.3M
Industry (NAICS)All Other Specialty Trade Contractors (238990)

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

  • BankingCross River Bank, Horizon Bank SSB, First Bank of the LakePPP / 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

Cross River Bank
PPP 2020
All 589 borrowers →
First Bank of the Lake
7(a) 2020
All 24 borrowers →
Horizon Bank SSB
PPP 2021
All 2 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/1/2020first$582K$591K48Cross River Bank
1/25/2021second$608K$613K51Horizon Bank SSB

Public records

SBA loans
Changed ownership (SBA-financed, FY2020)
Sep 20207(a)$3.8MFirst Bank of the Lake

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

About Restek, Inc.

Restek, Inc. is a fencing, siding & exterior company in Edmond, Oklahoma, in business since 2019. It is owned by Tim Badilla (President). Its estimated annual revenue is about $23.0M, with roughly $2.0M of EBITDA. It has about 51 employees. Its estimated business value is $6.8M (likely range $3.6M–$9.3M).

Common questions

Who owns Restek, Inc.?
Restek, Inc. is owned by Tim Badilla (President), according to public sources such as the company's website or filings.
How much revenue does Restek, Inc. make?
SeeBITDA estimates Restek, Inc.'s annual revenue at about $23.0M (likely between $15.1M and $26.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Restek, Inc. worth?
About $6.8M, roughly 3.4× its estimated EBITDA of $2.0M, typical for a fencing, siding & exterior company its size. Likely range: $3.6M–$9.3M.
How many employees does Restek, Inc. have?
About 51, from its 2025 retirement-plan filing.
When was Restek, Inc. founded?
Restek, Inc. has been in business since 2019.