Richards Welding Service Inc
How we got $405K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 18% since 2021Today'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 |
|---|---|---|
| RICHARDS WELDING SERVICE INC this business | $1.8M | — |
| QUEEN BROS. DOZER SERVICE Broken Bow · 2 employees | $963K | 1.6 mi |
| KEITH SHEARER DOZER SERVICE, INC Broken Bow · 10 employees | $3.4M | 7.7 mi |
| JACKSON&JACKSON CONSTRUCTION LLC Garvin · 75 employees | $31.1M | 14.9 mi |
| NATIONS CONTRACTING INC. Garvin · 1 employees | $521K | 16.8 mi |
| PROACTIVE SOLUTIONS, INC. Valliant · 10 employees | $5.5M | 20.0 mi |
| BRYANT DIRTWORKS, LLC. Talihina · 2 employees | $467K | 49.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $213K |
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 | $405K |
| Multiple for this size and industry | 1.9× |
| Value range | $213K – $554K |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $140K – $243K |
| 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
History & advisors
Advisors
- BankingFirstBankPPP / 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 Roles are as stated there and may be out of date.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
| FirstBank PPP 2021 | All 263 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2021 | first | $46K | 3 |
About Richards Welding Service Inc
Richards Welding Service Inc is a fencing, siding & exterior company in Broken Bow, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $213K of EBITDA. It has about 3 employees. Its estimated business value is $405K (likely range $213K–$554K).
Common questions
- Who owns Richards Welding Service Inc?
- The owner of Richards Welding Service 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 Richards Welding Service Inc make?
- SeeBITDA estimates Richards Welding Service Inc's annual revenue at about $1.8M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Richards Welding Service Inc worth?
- About $405K, roughly 1.9× its estimated EBITDA of $213K, typical for a fencing, siding & exterior company its size. Likely range: $213K–$554K.
- How many employees does Richards Welding Service Inc have?
- About 3, as reported on its PPP loan.