SeeBITDAOklahoma

Security Options, LLC

Security services
  • 804 w. I 240 SERVICE RD, Oklahoma City, OK
  • Since 2003
Estimated valueMedium confidence
$2.2M
$1.2Mlikely range$3.0M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$5.4M
a year
Profit (EBITDA)
$577K
11% of revenue
Employees
16
reported in 2020
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon
securityoptions.comLinkedIn
Contact
Find the owner on RocketReach Request removal or correction

How we got $2.2M

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

16 employees × $247K each$3.9M
PPP payroll ÷ payroll's usual share of revenue$5.6M
Shown toward the top of its range×1.14
Revenue$5.4M
× 11% profit margin$577K
× 3.8 sale multiple = value$2.2M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 23 years (since 2003)

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

What they do

Security Options, LLC is a Oklahoma City home security superstore offering alarm systems, monitoring, security cameras, and commercial security services for homeowners and local businesses.

Products & services
New Security System InstallationExisting Alarm System MonitoringSmart HomeSecurity CamerasVideo Surveillance ExpertsVideo DoorbellBusiness Security CamerasAccess ControlFire AlarmBurglar Alarm SystemsMonitoring OnlyIntercom System
Markets served
homeownerslocal businesseshomesapartmentshospitalscar dealershipscasinosschool systems
Service area
OklahomaOklahoma City, OKOKCNormanShawneeEl RenoEdmondMoore
Certifications
Lic #885

From the company's website. Industry: Security services.

Customers & suppliers

Customers

  • US Department of Homeland Security · named on its website

Suppliers & brands

  • Honeywell · brand it sells or installs
  • DSC · brand it sells or installs
  • Lynx · brand it sells or installs
  • Safe watch · brand it sells or installs
  • ADT · brand it sells or installs
  • First Alert · brand it sells or installs
  • Ademco · brand it sells or installs
  • GSS · brand it sells or installs
  • TNT · brand it sells or installs
  • COX · brand it sells or installs
  • AT&T · brand it sells or installs
  • Vivint · brand it sells or installs
  • Qolsys · brand it sells or installs
  • Alarm.com · brand it sells or installs
  • Skybell · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Home builders
Real estate
Car dealers

Estimated value over time

▲ 47% since 2020
$0$1.3M$2.5M202020212022202320242026

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

▼ 6% since 2020
01020202020212022202320241615
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan16$3.5M$372K
2020Form 550013$2.8M$302K
2021Form 550015$3.3M$349K
2022Form 550014$3.0M$326K
2023Form 550017$3.7M$396K
2024Form 550015$3.3M$349K

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.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
SECURITY OPTIONS, LLC
this business
$5.4M$577K—
Cabral Assets Protection Service Llc
Oklahoma City
$1.4M$186K1.5 mi
FORTRESS SECURITY SYSTEMS LLC
Oklahoma City · 22 employees
$5.2M$557K2.0 mi
DVR CONNECTION, INC.
Oklahoma City · 5 employees
$1.3M$156K2.5 mi
ALWAYS ALERT SECURITY INC.
Oklahoma City · 2 employees
$576K$88K2.5 mi
LYON SECURITY.COM LLC
Moore · 6 employees
$1.7M$204K2.6 mi
Cpi Security Services
Oklahoma City
$1.4M$186K2.6 mi

The full calculation

Employees reported to the SBA16
Revenue from headcount (employees × revenue per employee for companies this size)$3.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$5.6M
Estimate: the two combined (geometric mean)$5.4M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$577K

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$2.2M
Multiple for this size and industry3.8×
Value range$1.2M – $3.0M
Revenue range$3.5M – $6.1M
EBITDA range$379K – $658K
Industry (NAICS)Security Systems Services (except Locksmiths) (561621)

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

Founded 2003
“The firm was founded in 2003 and quickly partnered with some of the biggest names in the business.”

Leadership

  • RT
    Ryan T Harvey
    Signed for the company · 2023 retirement-plan filing (Form 5500)

Advisors

  • BankingFirst Fidelity 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

First Fidelity Bank
PPP 2020
All 940 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$184K$185K16First Fidelity Bank

Public records

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

About Security Options, LLC

Security Options, LLC is a security services company in Oklahoma City, Oklahoma, in business since 2003. Its estimated annual revenue is about $5.4M, with roughly $577K of EBITDA. It has about 15 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M).

Common questions

Who owns Security Options, LLC?
The owner of Security Options, LLC 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 Security Options, LLC make?
SeeBITDA estimates Security Options, LLC's annual revenue at about $5.4M (likely between $3.5M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Security Options, LLC worth?
About $2.2M, roughly 3.8× its estimated EBITDA of $577K, typical for a security services company its size. Likely range: $1.2M–$3.0M.
How many employees does Security Options, LLC have?
About 15, from its 2024 retirement-plan filing.
When was Security Options, LLC founded?
Security Options, LLC has been in business since 2003.