Richards & Connor, PLLC
How we got $5.9M
Based on its 34 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Estimated value over time
▲ 26% 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
▼ 59% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 34 | $9.4M |
| 2020 | Form 5500 | 31 | $8.6M |
| 2021 | Form 5500 | 29 | $8.1M |
| 2022 | Form 5500 | 23 | $6.4M |
| 2023 | Form 5500 | 20 | $5.6M |
| 2024 | Form 5500 | 25 | $6.9M |
| 2025 | Form 5500 | 14 | $3.9M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| RICHARDS & CONNOR, PLLC this business | $12.1M | — |
| ATKINSON, HASKINS, NELLIS, BRITTINGHAM, GLADD & FIASO Tulsa · 39 employees | $15.1M | 0.0 mi |
| BARBER & BARTZ PC Tulsa · 38 employees | $11.1M | 0.0 mi |
| JAMES R GOTWALS & ASSOCIATES, INC. Tulsa · 4 employees | $1.9M | 0.0 mi |
| NICK LARBY PLLC Tulsa · 2 employees | $646K | 0.0 mi |
| PARSONS, GRAHAM & DAY, LLC Tulsa · 5 employees | $1.0M | 0.0 mi |
| ROSENSTEIN, FIST & RINGOLD INC Tulsa · 28 employees | $12.1M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 34 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.3M |
| Estimate: the two combined (geometric mean) | $12.1M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $1.7M |
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 | 3.4× |
| Value range | $3.1M – $8.1M |
| Revenue range | $8.0M – $13.8M |
| EBITDA range | $1.1M – $2.0M |
| Industry (NAICS) | Offices of Lawyers (541110) |
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. 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
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $557K | 34 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Richards & Connor, PLLC
Richards & Connor, PLLC is a law firms company in Tulsa, Oklahoma, in business since 1999. Its estimated annual revenue is about $12.1M, with roughly $1.7M of EBITDA. It has about 14 employees. Its estimated business value is $5.9M (likely range $3.1M–$8.1M).
Common questions
- Who owns Richards & Connor, PLLC?
- The owner of Richards & Connor, PLLC 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 Richards & Connor, PLLC make?
- SeeBITDA estimates Richards & Connor, PLLC's annual revenue at about $12.1M (likely between $8.0M and $13.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Richards & Connor, PLLC worth?
- About $5.9M, roughly 3.4× its estimated EBITDA of $1.7M, typical for a law firms company its size. Likely range: $3.1M–$8.1M.
- How many employees does Richards & Connor, PLLC have?
- About 14, from its 2025 retirement-plan filing.
- When was Richards & Connor, PLLC founded?
- Richards & Connor, PLLC has been in business since 1999.