Sasscon, Inc.
How we got $2.0M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 37 years (since 1989)
From public records and the company's website, not a statement that it's for sale.
What they do
Sasscon, Inc. is a commercial drywall, framing and acoustical ceiling contractor that has been dedicated to professional commercial drywall and acoustical work since 1989.
From the company's website. Industry: Drywall & insulation.
Estimated value over time
▲ 26% 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 |
|---|---|---|
| SASSCON, INC. this business | $6.7M | — |
| CORY FITZPATRICK Jones · 1 employees | $462K | 3.1 mi |
| NINA SLOAN Edmond · 3 employees | $1.7M | 5.7 mi |
| M&M TILE SERVICE INC. Luther · 3 employees | $1.4M | 5.7 mi |
| ELEGANT TOUCH PAINTING INC Edmond · 2 employees | $606K | 6.3 mi |
| WATERPROOFERS, INC. Edmond · 4 employees | $1.5M | 6.4 mi |
| ART BEBO DRYWALL LLC Edmond · 1 employees | $355K | 6.4 mi |
The full calculation
| Employees reported to the SBA | 10 |
| 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) | $7.5M |
| Estimate: the two combined (geometric mean) | $6.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $714K |
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 | $2.0M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.1M – $2.7M |
| Revenue range | $4.4M – $7.7M |
| EBITDA range | $470K – $815K |
| Industry (NAICS) | Drywall and Insulation Contractors (238310) |
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
“Since 1989 Sasscon has been dedicated to professional commercial drywall and acoustical work in several areas.”
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $156K | 10 |
| 1/29/2021 | second | $113K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sasscon, Inc.
Sasscon, Inc. is a drywall & insulation company in Arcadia, Oklahoma, in business since 1989. Its estimated annual revenue is about $6.7M, with roughly $714K of EBITDA. It has about 10 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.7M).
Common questions
- Who owns Sasscon, Inc.?
- The owner of Sasscon, 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 Sasscon, Inc. make?
- SeeBITDA estimates Sasscon, Inc.'s annual revenue at about $6.7M (likely between $4.4M and $7.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sasscon, Inc. worth?
- About $2.0M, roughly 2.8× its estimated EBITDA of $714K, typical for a drywall & insulation company its size. Likely range: $1.1M–$2.7M.
- How many employees does Sasscon, Inc. have?
- About 10, as reported on its PPP loan.
- When was Sasscon, Inc. founded?
- Sasscon, Inc. has been in business since 1989.