Rivers' Edge Countertops, Inc
How we got $1.9M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 24% 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 |
|---|---|---|
| RIVERS' EDGE COUNTERTOPS, INC this business | $6.3M | — |
| GRANITE BY DESIGN INC Newcastle | $858K | 2.1 mi |
| PATRIOT GARAGE DOOR L.L.C. Newcastle · 3 employees | $658K | 2.4 mi |
| OKLAHOMA COUNTERTOPS & FLOORING LLC Newcastle · 8 employees | $2.7M | 3.3 mi |
| DAVID VAUGHN FLOORING INC Oklahoma City · 2 employees | $797K | 3.6 mi |
| GARANZUAY GENERAL CONSTRUCTION, LLC Newcastle · 1 employees | $424K | 5.1 mi |
| L.B. MOSS PLASTERING, INC Oklahoma City · 10 employees | $6.3M | 5.4 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.2M |
| Estimate: the two combined (geometric mean) | $6.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $664K |
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 | $1.9M |
| Multiple for this size and industry | 2.8× |
| Value range | $978K – $2.5M |
| Revenue range | $4.1M – $7.1M |
| EBITDA range | $437K – $757K |
| Industry (NAICS) | Other Building Finishing Contractors (238390) |
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
Advisors
- BankingArmstrong Bank, First United Bank and Trust CompanyPPP / 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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
| First United Bank and Trust Company 504 2020, 7(a) 2020, 7(a) 2022 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $219K | 18 |
Public records
| Dec 2021 | 7(a) | $266K |
| Aug 2020 | 7(a) | $1.4M |
| Aug 2020 | 504 | $619K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rivers' Edge Countertops, Inc
Rivers' Edge Countertops, Inc is an other building finishing contractors company in Newcastle, Oklahoma, in business since 2008. Its estimated annual revenue is about $6.3M, with roughly $664K of EBITDA. It has about 18 employees. Its estimated business value is $1.9M (likely range $978K–$2.5M).
Common questions
- Who owns Rivers' Edge Countertops, Inc?
- The owner of Rivers' Edge Countertops, 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 Rivers' Edge Countertops, Inc make?
- SeeBITDA estimates Rivers' Edge Countertops, Inc's annual revenue at about $6.3M (likely between $4.1M and $7.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rivers' Edge Countertops, Inc worth?
- About $1.9M, roughly 2.8× its estimated EBITDA of $664K, typical for a other building finishing contractors company its size. Likely range: $978K–$2.5M.
- How many employees does Rivers' Edge Countertops, Inc have?
- About 18, as reported on its PPP loan.
- When was Rivers' Edge Countertops, Inc founded?
- Rivers' Edge Countertops, Inc has been in business since 2008.