Royal Event Rentals
How we got $349K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% 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 |
|---|---|---|
| ROYAL EVENT RENTALS this business | $916K | — |
| Business Computer Rentals Tulsa | $1.1M | 0.1 mi |
| Oncore Production Tulsa | $1.1M | 0.2 mi |
| LUNETA LLC Tulsa · 3 employees | $2.1M | 0.3 mi |
| Scissortail Ballroom and Event Center Tulsa | $1.1M | 0.3 mi |
| AMERICAN SPIRIT & CHEER ESSENTIALS Tulsa · 3 employees | $1.3M | 0.6 mi |
| NewBold Organizing Tulsa | $1.1M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $815K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $792K |
| Estimate: the two combined (geometric mean) | $916K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $139K |
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 | $349K |
| Multiple for this size and industry | 2.5× |
| Value range | $183K – $477K |
| Revenue range | $602K – $1.0M |
| EBITDA range | $92K – $159K |
| Industry (NAICS) | Convention and Trade Show Organizers (561920) |
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
- BankingKabbage, Inc.PPP / 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 Roles are as stated there and may be out of date.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
| Kabbage, Inc. PPP 2020, PPP 2021 | All 202 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/13/2020 | first | $19K | 2 |
| 2/3/2021 | second | $37K | 2 |
2 locations
| 9511 East 55th Place Ste.B | Tulsa | This listing |
| 8262 E 71st St | Tulsa | View |
Revenue, profit and value are for the whole company.
About Royal Event Rentals
Royal Event Rentals is a convention and trade show organizers company in Tulsa, Oklahoma. Its estimated annual revenue is about $916K, with roughly $139K of EBITDA. It has about 2 employees. Its estimated business value is $349K (likely range $183K–$477K). It has 2 locations.
Common questions
- Who owns Royal Event Rentals?
- The owner of Royal Event Rentals 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 Royal Event Rentals make?
- SeeBITDA estimates Royal Event Rentals's annual revenue at about $916K (likely between $602K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Royal Event Rentals worth?
- About $349K, roughly 2.5× its estimated EBITDA of $139K, typical for a convention and trade show organizers company its size. Likely range: $183K–$477K.
- How many employees does Royal Event Rentals have?
- About 2, as reported on its PPP loan.