SeeBITDAOklahoma

Rfs Consulting Inc

  • 10830 E 45TH ST STE 202, Tulsa, OK
  • Since 1999
Estimated valueMedium confidence
$844K
$444Klikely range$1.2M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$1.4M
a year
Profit (EBITDA)
$281K
20% of revenue
Employees
4
reported in 2020
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $844K

Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.

4 employees × $393K each$1.6M
PPP payroll ÷ payroll's usual share of revenue$984K
Shown toward the top of its range×1.14
Revenue$1.4M
× 20% profit margin$281K
× 3 sale multiple = value$844K

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2022
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 27 years (since 1999)

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

What they do

RFS Consulting, Inc. is an environmental engineering and software services firm in Tulsa, OK, offering environmental consulting and its REMIS environmental data management software to industry and government agencies.

Products & services
REMIS SystemMaterial TrackerTraining TrackerFugitives TrackerStormwater TrackerAir permitting at all levelsAir emission inventoriesCompliance assistanceData management & support servicesDispersion modeling & risk assessmentsEnvironmental permittingRecordkeeping & reporting
Markets served
Oil & Gasoil, gas, and chemical manufacturing industriesindustry and government agenciessurface coaterspower plants
Service area
states across the U.S
Certifications
Award Winning Software

From the company's website. Industry: Consulting.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Oil & gas
Manufacturing

Estimated value over time

▲ 22% since 2020
$0$485K$971K2020202120222026

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

▼ 50% since 2020
03520202021202242
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan4$1.0M$207K
2020Form 55002$523K$104K
2021Form 55002$523K$104K
2022Form 55002$523K$104K

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
RFS CONSULTING INC
this business
$1.4M$281K—
FOOD SAFETY GROUP, LLC
Tulsa · 2 employees
$1.1M$218K0.6 mi
MOREMOBILE LLC
Tulsa · 17 employees
$6.2M$898K0.7 mi
INTEGRATED SECURITY SOLUTIONS, LLC
Tulsa · 25 employees
$4.8M$869K0.7 mi
KELKAR AND ASSOCIATES
Tulsa · 4 employees
$1.9M$348K0.7 mi
NEW DAY MEDIA, INC
Tulsa · 8 employees
$2.3M$404K0.8 mi
D&E MANAGEMENT COMPANY, LLC
Tulsa · 2 employees
$1.0M$207K0.9 mi

The full calculation

Employees reported to the SBA4
Revenue from headcount (employees × revenue per employee for companies this size)$1.6M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$984K
Estimate: the two combined (geometric mean)$1.4M
EBITDA margin (industry, adjusted for size)20%
EBITDA = revenue × margin$281K

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$844K
Multiple for this size and industry3×
Value range$444K – $1.2M
Revenue range$934K – $1.6M
EBITDA range$185K – $321K
Industry (NAICS)Environmental Consulting Services (541620)

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

  • BankingEquity 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

Equity Bank
PPP 2020
All 375 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
8/6/2020first$33K$33K4Equity Bank

Public records

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

About Rfs Consulting Inc

Rfs Consulting Inc is a consulting company in Tulsa, Oklahoma, in business since 1999. Its estimated annual revenue is about $1.4M, with roughly $281K of EBITDA. It has about 2 employees. Its estimated business value is $844K (likely range $444K–$1.2M).

Common questions

Who owns Rfs Consulting Inc?
The owner of Rfs Consulting Inc 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 Rfs Consulting Inc make?
SeeBITDA estimates Rfs Consulting Inc's annual revenue at about $1.4M (likely between $934K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Rfs Consulting Inc worth?
About $844K, roughly 3× its estimated EBITDA of $281K, typical for a consulting company its size. Likely range: $444K–$1.2M.
How many employees does Rfs Consulting Inc have?
About 2, from its 2022 retirement-plan filing.
When was Rfs Consulting Inc founded?
Rfs Consulting Inc has been in business since 1999.