SeeBITDAOklahoma

Richardson Richardson Boudreaux PLLC

  • 7447 S Lewis Ave, Tulsa, OK
  • Since 1984
Estimated valueMedium confidence
$2.4M
$1.3Mlikely range$3.3M
About 2.8× its yearly profit, typical for a company this size in its industry.
Revenue
$5.3M
a year
Profit (EBITDA)
$865K
16% of revenue
Employees
15
reported in 2021
Gary L. Richardson
Founder · source
Likely to sell

How we got $2.4M

Based on its 15 employees and its payroll, both reported for PPP in 2021 and brought up to date.

15 employees × $292K each$4.4M
PPP payroll ÷ payroll's usual share of revenue$4.9M
Shown toward the top of its range×1.14
Revenue$5.3M
× 16% profit margin$865K
× 2.8 sale multiple = value$2.4M

· Own this business? Correct these figures

What we know

PPP loan, 2021
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 42 years (since 1984)
  • Founder still runs it after 42 years
  • Family in the business (Charles L. “Chuck” Richardson, Managing Partner)

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

What they do

Richardson Richardson Boudreaux is a personal injury law firm in Tulsa, Oklahoma that represents people injured in accidents or by negligence, handling cases such as car, truck and medical malpractice claims.

Products & services
Car AccidentTruck AccidentsMotorcycle AccidentsBoating AccidentsUber AccidentAviation AccidentPedestrian AccidentTrain AccidentsSlip and FallSpinal Cord InjuryBrain InjuryInfant Brain Injury
Markets served
Personal Injury
Service area
TulsaOklahomasurrounding states

From the company's website. Industry: Law firms.

Estimated value over time

▲ 20% since 2021
$0$1.4M$2.8M20212026

Today'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

BusinessEst. revenueEst. profitDistance
RICHARDSON RICHARDSON BOUDREAUX PLLC
this business
$5.3M$865K—
SCOTT R. HELTON, PLLC
Tulsa · 1 employees
$362K$84K0.0 mi
Lexigent, Llc
Tulsa
$942K$187K0.0 mi
AMERICAN EAGLE TITLE GROUP
Tulsa · 85 employees
$23.4M$3.1M0.1 mi
BUFFALO LAND ABSTRACT COMPANY
Tulsa · 40 employees
$10.7M$1.5M0.1 mi
OKLAHOMA DIGITAL ABSTRACT, LLC
Tulsa · 4 employees
$840K$167K0.1 mi
UNITED TITLE HOLDING CO., LLC
Tulsa · 1 employees
$252K$59K0.1 mi

The full calculation

Employees reported to the SBA15
Revenue from headcount (employees × revenue per employee for companies this size)$4.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$4.9M
Estimate: the two combined (geometric mean)$5.3M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$865K

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$2.4M
Multiple for this size and industry2.8×
Value range$1.3M – $3.3M
Revenue range$3.5M – $6.0M
EBITDA range$569K – $987K
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

People & advisors

Founded 1984 by Gary L. Richardson
“Since our establishment in 1984, we at Richardson Richardson Boudreaux have catapulted ourselves above the rest.”

Leadership

  • CL
    Charles L. “Chuck” Richardson
    Managing Partner · Company website · source
  • JC
    Jason C. Messenger
    Partner · Company website · source
  • PT
    Paul T. Boudreaux
    In Memoriam · Company website · source
  • CL
    Colton L. Richardson
    Associate Attorney · Company website · source
  • BC
    Brian C. Trent
    Associate Attorney · Company website · source
  • SM
    Steve McClellan
    Associate Attorney · Company website · source
  • GE
    Grecia E. Gramajo
    Associate Attorney · Company website · source

Advisors

  • BankingSecurity 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

Security Bank
PPP 2021
All 617 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
2/26/2021second$237K$238K15Security Bank

Public records

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

About Richardson Richardson Boudreaux PLLC

Richardson Richardson Boudreaux PLLC is a law firms company in Tulsa, Oklahoma, in business since 1984. It is owned by Gary L. Richardson (Founder). Its estimated annual revenue is about $5.3M, with roughly $865K of EBITDA. It has about 15 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).

Common questions

Who owns Richardson Richardson Boudreaux PLLC?
Richardson Richardson Boudreaux PLLC is owned by Gary L. Richardson (Founder), according to public sources such as the company's website or filings.
How much revenue does Richardson Richardson Boudreaux PLLC make?
SeeBITDA estimates Richardson Richardson Boudreaux PLLC's annual revenue at about $5.3M (likely between $3.5M and $6.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Richardson Richardson Boudreaux PLLC worth?
About $2.4M, roughly 2.8× its estimated EBITDA of $865K, typical for a law firms company its size. Likely range: $1.3M–$3.3M.
How many employees does Richardson Richardson Boudreaux PLLC have?
About 15, as reported on its PPP loan.
When was Richardson Richardson Boudreaux PLLC founded?
Richardson Richardson Boudreaux PLLC has been in business since 1984.
Is Richardson Richardson Boudreaux PLLC for sale?
There's no public listing, but it shows signs that often come before a sale: in business 42 years (since 1984); founder still runs it after 42 years; family in the business (charles l. “chuck” richardson, managing partner).