SeeBITDAOklahoma

Rubenstein & Pitts, PLLC

Estimated valueMedium confidence
$1.9M
$1.0Mlikely range$2.6M
About 2.8× its yearly profit, typical for a company this size in its industry.
Revenue
$4.1M
a year
Profit (EBITDA)
$679K
16% of revenue
Employees
16
reported in 2020
Leadership
Michael Rubenstein
Founder · source · confirmed by 2 sources
Likely to sell

How we got $1.9M

Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.

16 employees × $292K each$4.7M
PPP payroll ÷ payroll's usual share of revenue$2.8M
Shown toward the top of its range×1.14
Revenue$4.1M
× 16% profit margin$679K
× 2.8 sale multiple = value$1.9M

· Own this business? Correct these figures

Estimated value over time

▲ 26% since 2020
$0$1.1M$2.2M2020202120222023202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 38% since 2020
010202020202120222023202420251610
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan16$4.4M$728K
2020Form 550012$3.3M$546K
2021Form 550013$3.6M$591K
2022Form 550010$2.8M$455K
2023Form 550011$3.1M$500K
2024Form 550011$3.1M$500K
2025Form 550010$2.8M$455K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 22 years (since 2004)
  • Founder still runs it after 22 years
  • Headcount down 23% since 2021 (retirement plan filings)

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

What they do

Rubenstein & Pitts, PLLC is a law firm in Edmond, Oklahoma that says it provides business law and related legal services, handling matters for clients in the Oklahoma City metro area and throughout the state.

Products & services
Business LawBankruptcyEmployment LawIntellectual PropertyReal EstateBusiness SalesTax LawCivil LitigationConstructionEmployment and LaborEnvironmental LawMedical Malpractice
Service area
EdmondOklahoma City metro areathroughout the state
Certifications
Best Lawyers in America 2019 in Bankruptcy and Creditor Debtor Rights

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
RUBENSTEIN & PITTS, PLLC
this business
$4.1M$679K—
H. CRAIG PITTS, PC
Edmond · 2 employees
$616K$143K0.0 mi
THE MCKINNIS LAW FIRM PLLC
Edmond · 1 employees
$465K$108K0.0 mi
Bado and Bado
Edmond
$948K$188K0.1 mi
SCISSORTAIL LEGAL GROUP, PLLC
Edmond · 4 employees
$1.5M$288K0.1 mi
JOHN D. MASHBURN, ATTORNEY AT LAW, P.C.
Edmond · 2 employees
$785K$156K0.1 mi
Matthew C. Prasuhn, Attorney At Law
Edmond
$948K$188K0.2 mi

The full calculation

Employees reported to the SBA16
Revenue from headcount (employees × revenue per employee for companies this size)$4.7M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.8M
Estimate: the two combined (geometric mean)$4.1M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$679K

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 industry2.8×
Value range$1.0M – $2.6M
Revenue range$2.7M – $4.7M
EBITDA range$447K – $775K
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

History & advisors

Founded 2004 by Michael Rubenstein and Craig Pitts
“Michael Rubenstein and Craig Pitts started the Edmond firm in 2004 to cater to clients in the Oklahoma City metro area.”

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020, PPP 2021
All 7,048 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/11/2020first$137K$138K16BancFirst
1/27/2021second$137K$137K11BancFirst

Public records

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

About Rubenstein & Pitts, PLLC

Rubenstein & Pitts, PLLC is a law firms company in Edmond, Oklahoma, in business since 2004. It is owned by Michael Rubenstein (Founder). Its estimated annual revenue is about $4.1M, with roughly $679K of EBITDA. It has about 10 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).

Common questions

Who owns Rubenstein & Pitts, PLLC?
Rubenstein & Pitts, PLLC is owned by Michael Rubenstein (Founder), according to public sources such as the company's website or filings.
How much revenue does Rubenstein & Pitts, PLLC make?
SeeBITDA estimates Rubenstein & Pitts, PLLC's annual revenue at about $4.1M (likely between $2.7M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Rubenstein & Pitts, PLLC worth?
About $1.9M, roughly 2.8× its estimated EBITDA of $679K, typical for a law firms company its size. Likely range: $1.0M–$2.6M.
How many employees does Rubenstein & Pitts, PLLC have?
About 10, from its 2025 retirement-plan filing.
When was Rubenstein & Pitts, PLLC founded?
Rubenstein & Pitts, PLLC has been in business since 2004.
Is Rubenstein & Pitts, PLLC for sale?
There's no public listing, but it shows signs that often come before a sale: in business 22 years (since 2004); founder still runs it after 22 years; headcount down 23% since 2021 (retirement plan filings).