Richmond Construction Company Inc
How we got $962K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 34 years (since 1992)
- Founder still runs it after 34 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Richmond Construction Company is a locally owned and operated builder in Ochelata, Oklahoma that specializes in log homes, custom homes, room additions, remodeling, windows/siding and decks/outdoor living areas. It says it serves customers in Northeastern Oklahoma and Kansas.
From the company's website. Industry: Home builders.
Estimated value over time
▲ 44% 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 |
|---|---|---|
| RICHMOND CONSTRUCTION COMPANY INC this business | $7.7M | — |
| ADAM GANN Ochelata · 1 employees | $459K | 2.6 mi |
| TERREL TAYLOR COMPANY Bartlesville · 15 employees | $11.8M | 3.1 mi |
| DAH HOMES, LLC Bartlesville · 9 employees | $8.4M | 3.3 mi |
| URBANHAUS CUSTOM COMPANY, LLC Bartlesville · 5 employees | $2.0M | 3.4 mi |
| BOTTENFIELD CONSTRUCTION, LLC Bartlesville · 1 employees | $857K | 4.0 mi |
| ORSBURN FAMILY CONSTRUCTION LLC Bartlesville · 2 employees | $1.4M | 4.2 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.3M |
| Estimate: the two combined (geometric mean) | $7.7M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $418K |
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 | $962K |
| Multiple for this size and industry | 2.3× |
| Value range | $506K – $1.3M |
| Revenue range | $5.1M – $8.8M |
| EBITDA range | $275K – $477K |
| Industry (NAICS) | New Single-Family Housing Construction (except For-Sale Builders) (236115) |
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
“Levi Richmond, owner, has been in the home building and remodeling business since 1986, starting his own business in 1992 as a first-generation company owner.”
Leadership
- TETroy EdwardsLead Carpenter · Company website · source
- ASArt ShaferLead Carpenter · Company website · source
- LMLucas MartinLead Carpenter · Company website · source
- NRNick ReederCarpenter · Company website · source
- CMCory MitchellCarpenter · Company website · source
- CMCharley McCalipCarpenter · Company website · source
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 |
|---|---|---|---|
| 4/13/2020 | first | $68K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Richmond Construction Company Inc
Richmond Construction Company Inc is a home builders company in Ochelata, Oklahoma, in business since 1992. It is owned by Levi Richmond. Its estimated annual revenue is about $7.7M, with roughly $418K of EBITDA. It has about 8 employees. Its estimated business value is $962K (likely range $506K–$1.3M).
Common questions
- Who owns Richmond Construction Company Inc?
- Richmond Construction Company Inc is owned by Levi Richmond, according to public sources such as the company's website or filings.
- How much revenue does Richmond Construction Company Inc make?
- SeeBITDA estimates Richmond Construction Company Inc's annual revenue at about $7.7M (likely between $5.1M and $8.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Richmond Construction Company Inc worth?
- About $962K, roughly 2.3× its estimated EBITDA of $418K, typical for a home builders company its size. Likely range: $506K–$1.3M.
- How many employees does Richmond Construction Company Inc have?
- About 8, as reported on its PPP loan.
- When was Richmond Construction Company Inc founded?
- Richmond Construction Company Inc has been in business since 1992.
- Is Richmond Construction Company Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 34 years (since 1992); founder still runs it after 34 years; no family successor named on its website.