Richard S Watts Inc
How we got $1.6M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 28% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RICHARD S WATTS INC this business | $10.6M | — |
| SIM ISAAC CONSTRUCTION SERVICES, INC. Sand Springs · 2 employees | $1.4M | 3.2 mi |
| BARTLEY CONSTRUCTION CO INC Sand Springs · 4 employees | $2.3M | 3.6 mi |
| SILCOX BUILDINGS LLC Tulsa · 2 employees | $1.1M | 5.6 mi |
| C C R INC Tulsa · 1 employees | $785K | 6.5 mi |
| FLINT RESOURCES COMPANY, LLC Tulsa | $4.8M | 7.5 mi |
| JBC CONSTRUCTION LLC Tulsa · 8 employees | $5.3M | 8.0 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.3M |
| Estimate: the two combined (geometric mean) | $10.6M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $577K |
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 | $1.6M |
| Multiple for this size and industry | 2.8× |
| Value range | $851K – $2.2M |
| Revenue range | $7.0M – $12.1M |
| EBITDA range | $380K – $658K |
| Industry (NAICS) | Commercial and Institutional Building Construction (236220) |
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
- BankingCrossFirst 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 Roles are as stated there and may be out of date.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
| CrossFirst Bank PPP 2020, PPP 2021 | All 299 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $112K | 9 |
| 1/23/2021 | second | $118K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Richard S Watts Inc
Richard S Watts Inc is a commercial construction company in Sand Springs, Oklahoma, in business since 2020. Its estimated annual revenue is about $10.6M, with roughly $577K of EBITDA. It has about 14 employees. Its estimated business value is $1.6M (likely range $851K–$2.2M).
Common questions
- Who owns Richard S Watts Inc?
- The owner of Richard S Watts 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 Richard S Watts Inc make?
- SeeBITDA estimates Richard S Watts Inc's annual revenue at about $10.6M (likely between $7.0M and $12.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Richard S Watts Inc worth?
- About $1.6M, roughly 2.8× its estimated EBITDA of $577K, typical for a commercial construction company its size. Likely range: $851K–$2.2M.
- How many employees does Richard S Watts Inc have?
- About 14, as reported on its PPP loan.
- When was Richard S Watts Inc founded?
- Richard S Watts Inc has been in business since 2020.