Reynolds French & Co
How we got $5.9M
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 18% 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
▼ 18% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 28 | $6.7M |
| 2020 | Form 5500 | 27 | $6.5M |
| 2021 | Form 5500 | 26 | $6.3M |
| 2022 | Form 5500 | 25 | $6.0M |
| 2023 | Form 5500 | 23 | $5.5M |
| 2024 | Form 5500 | 22 | $5.3M |
| 2025 | Form 5500 | 23 | $5.5M |
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 Some signs of a sale
- In business 32 years (since 1994)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| REYNOLDS FRENCH & CO this business | $13.2M | — |
| RYNOLDS FRENCH & CO Tulsa · 26 employees | $13.3M | 0.0 mi |
| A M JOHNSON INDUSTRIES LLC Tulsa · 7 employees | $2.9M | 0.2 mi |
| Advanced Ndt And Consulting Tulsa | $1.8M | 0.9 mi |
| WD Distributing Inc Broken Arrow | $1.8M | 0.9 mi |
| MAC'S HYDRAULIC JACK SERVICE INC Tulsa · 13 employees | $5.7M | 1.7 mi |
| CANSERV LLC Tulsa · 14 employees | $7.0M | 2.9 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.3M |
| Estimate: the two combined (geometric mean) | $13.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| 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 | $5.9M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.1M – $8.1M |
| Revenue range | $8.7M – $15.0M |
| EBITDA range | $867K – $1.5M |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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
- BankingMabrey 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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $390K | 28 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Reynolds French & Co
Reynolds French & Co is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Tulsa, Oklahoma, in business since 1994. Its estimated annual revenue is about $13.2M, with roughly $1.3M of EBITDA. It has about 23 employees. Its estimated business value is $5.9M (likely range $3.1M–$8.1M).
Common questions
- Who owns Reynolds French & Co?
- The owner of Reynolds French & Co 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 Reynolds French & Co make?
- SeeBITDA estimates Reynolds French & Co's annual revenue at about $13.2M (likely between $8.7M and $15.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Reynolds French & Co worth?
- About $5.9M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $3.1M–$8.1M.
- How many employees does Reynolds French & Co have?
- About 23, from its 2025 retirement-plan filing.
- When was Reynolds French & Co founded?
- Reynolds French & Co has been in business since 1994.