Sanford Brothers Co., Inc. & Subsidiaries
How we got $51.8M
Based on its 50 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 14% 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 |
|---|---|---|
| SANFORD BROTHERS CO., INC. & SUBSIDIARIES this business | $46.1M | — |
| HOWLING COYOTE LLC Tulsa · 2 employees | $819K | 0.8 mi |
| Arco Warehouse Co Tulsa | $1.7M | 0.9 mi |
| Extra Space Storage Tulsa | $1.7M | 1.2 mi |
| Tulsa Downtown Storage Tulsa | $1.7M | 1.2 mi |
| MARINA SHOPPING, LLC Tulsa · 2 employees | $1.4M | 1.2 mi |
| ROBINSON PACKER LLC AN INDIVIDUAL SERIES OF THE SHARP DEVELO Tulsa · 1 employees | $590K | 1.3 mi |
The full calculation
| Employees reported to the SBA | 50 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $43.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $37.8M |
| Estimate: the two combined (geometric mean) | $46.1M |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $10.0M |
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 | $51.8M |
| Multiple for this size and industry | 5.2× |
| Value range | $27.3M – $70.9M |
| Revenue range | $30.3M – $52.6M |
| EBITDA range | $6.6M – $11.4M |
| Industry (NAICS) | Lessors of Nonresidential Buildings (except Miniwarehouses) (531120) |
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
Advisors
- BankingFirstar 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 Roles are as stated there and may be out of date.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
| Firstar Bank PPP 2020, PPP 2021 | All 380 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 | $599K | 50 |
| 2/6/2021 | second | $656K | 49 |
About Sanford Brothers Co., Inc. & Subsidiaries
Sanford Brothers Co., Inc. & Subsidiaries is a lessors of nonresidential buildings (except miniwarehouses) company in Tulsa, Oklahoma. Its estimated annual revenue is about $46.1M, with roughly $10.0M of EBITDA. It has about 50 employees. Its estimated business value is $51.8M (likely range $27.3M–$70.9M).
Common questions
- Who owns Sanford Brothers Co., Inc. & Subsidiaries?
- The owner of Sanford Brothers Co., Inc. & Subsidiaries 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 Sanford Brothers Co., Inc. & Subsidiaries make?
- SeeBITDA estimates Sanford Brothers Co., Inc. & Subsidiaries's annual revenue at about $46.1M (likely between $30.3M and $52.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sanford Brothers Co., Inc. & Subsidiaries worth?
- About $51.8M, roughly 5.2× its estimated EBITDA of $10.0M, typical for a lessors of nonresidential buildings (except miniwarehouses) company its size. Likely range: $27.3M–$70.9M.
- How many employees does Sanford Brothers Co., Inc. & Subsidiaries have?
- About 50, as reported on its PPP loan.