Riverside Flight Center Incorporated
How we got $3.5M
Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 25% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RIVERSIDE FLIGHT CENTER INCORPORATED this business | $5.2M | — |
| DESTINATIONS EFC, LLC Tulsa · 4 employees | $1.4M | 0.2 mi |
| STANDARD BEAUTY COLLEGE OF OKLAHOMA, LLC Jenks · 13 employees | $2.8M | 1.4 mi |
| Purple Glaze Studio Tulsa | $3.9M | 5.4 mi |
| Oklahoma College Of Healthcare Tulsa | $1.5M | 5.8 mi |
| LEGENDARY Q BRANDS LLC. Tulsa · 8 employees | $2.0M | 6.1 mi |
| PCFIT LLC Tulsa · 2 employees | $495K | 6.1 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.1M |
| Estimate: the two combined (geometric mean) | $5.2M |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $902K |
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 | $3.5M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.9M – $4.8M |
| Revenue range | $3.5M – $6.0M |
| EBITDA range | $593K – $1.0M |
| Industry (NAICS) | Flight Training (611512) |
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
- BankingAmerican Heritage 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 Roles are as stated there and may be out of date.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
| American Heritage Bank PPP 2020, PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $179K | 24 |
| 1/20/2021 | second | $179K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Riverside Flight Center Incorporated
Riverside Flight Center Incorporated is a flight training company in Tulsa, Oklahoma. It is owned by Yuri Milner. Its estimated annual revenue is about $5.2M, with roughly $902K of EBITDA. It has about 24 employees. Its estimated business value is $3.5M (likely range $1.9M–$4.8M).
Common questions
- Who owns Riverside Flight Center Incorporated?
- Riverside Flight Center Incorporated is owned by Yuri Milner, according to public sources such as the company's website or filings.
- How much revenue does Riverside Flight Center Incorporated make?
- SeeBITDA estimates Riverside Flight Center Incorporated's annual revenue at about $5.2M (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 Riverside Flight Center Incorporated worth?
- About $3.5M, roughly 3.9× its estimated EBITDA of $902K, typical for a flight training company its size. Likely range: $1.9M–$4.8M.
- How many employees does Riverside Flight Center Incorporated have?
- About 24, as reported on its PPP loan.