How we got $690K
Based on 18 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 3% since 2021Today'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 |
|---|---|---|
| SCHAFER INC this business | $2.2M | — |
| Akins Don Pest Control Altus | $935K | 0.8 mi |
| A & a Tree Service Altus | $935K | 1.9 mi |
| NANCE LANDSCAPE, LLC Altus · 13 employees | $2.1M | 1.9 mi |
| R & R LAWN CARE AND CLEANING SERV. Altus · 2 employees | $607K | 4.6 mi |
| Bugmaster Inc Altus | $935K | 4.8 mi |
| George Brothers Termite-Pest Altus | $935K | 5.3 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Industry revenue per employee | $65K |
| Revenue = employees × revenue per employee | $2.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $256K |
| Cross-check: revenue implied by PPP payroll | $543K |
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 | $690K |
| Multiple for this size and industry | 2.7× |
| Value range | $327K – $980K |
| Revenue range | $1.3M – $2.6M |
| EBITDA range | $151K – $303K |
| Industry (NAICS) | Janitorial Services (561720) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingFNB Community 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 Roles are as stated there and may be out of date.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
| FNB Community Bank PPP 2021 | All 164 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/26/2021 | first | $25K | 18 |
About Schafer Inc
Schafer Inc is a commercial cleaning & janitorial company in Altus, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $256K of EBITDA. It has about 18 employees. Its estimated business value is $690K (likely range $327K–$980K).
Common questions
- Who owns Schafer Inc?
- The owner of Schafer 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 Schafer Inc make?
- SeeBITDA estimates Schafer Inc's annual revenue at about $2.2M (likely between $1.3M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Schafer Inc worth?
- About $690K, roughly 2.7× its estimated EBITDA of $256K, typical for a commercial cleaning & janitorial company its size. Likely range: $327K–$980K.
- How many employees does Schafer Inc have?
- About 18, as reported on its PPP loan.