Select Coatings, Inc
How we got $16.6M
Based on its 50 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Select Coatings, Inc. is a decorative concrete and flooring company in South Florida offering concrete overlays, staining, textured finishes, polishing and epoxy coatings for residential and commercial customers. It serves clients across Palm Beach, Broward, and Martin Counties.
From the company's website. Industry: Paint and Coating Manufacturing.
Customers & suppliers
Customers
- Town of Hypoluxo · named on its website
Estimated value over time
▲ 38% 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 |
|---|---|---|
| SELECT COATINGS, INC this business | $28.5M | — |
| GREAT PLAINS COATINGS, INC. Oklahoma City · 1 employees | $823K | 1.4 mi |
| POLYGLASS COATINGS LIMITED LLC Oklahoma City · 52 employees | $37.0M | 4.0 mi |
| POWDER COATING PLUS LLC Oklahoma City · 5 employees | $3.6M | 4.2 mi |
| COATPRO, LLC Oklahoma City · 3 employees | $2.1M | 6.5 mi |
| PROEM SOLUTIONS, LLC Yukon · 3 employees | $2.0M | 7.9 mi |
| COLOR-RITE INC Yukon · 19 employees | $12.5M | 8.8 mi |
The full calculation
| Employees reported to the SBA | 50 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $33.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.7M |
| Estimate: the two combined (geometric mean) | $28.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $3.0M |
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 | $16.6M |
| Multiple for this size and industry | 5.5× |
| Value range | $8.7M – $22.7M |
| Revenue range | $18.8M – $32.5M |
| EBITDA range | $2.0M – $3.4M |
| Industry (NAICS) | Paint and Coating Manufacturing (325510) |
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
People & advisors
“Our journey began with a simple belief that every concrete surface holds untapped potential for beauty, durability, and functionality.”
Advisors
- BankingThe First National Bank and Trust Co, Chickasha, OklahomaPPP / 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
| The First National Bank and Trust Co, Chickasha, Oklahoma PPP 2020, PPP 2021 | All 478 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $339K | 50 |
| 1/29/2021 | second | $339K | 38 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Select Coatings, Inc
Select Coatings, Inc is a paint and coating manufacturing company in Oklahoma City, Oklahoma, in business since 2002. Its estimated annual revenue is about $28.5M, with roughly $3.0M of EBITDA. It has about 50 employees. Its estimated business value is $16.6M (likely range $8.7M–$22.7M).
Common questions
- Who owns Select Coatings, Inc?
- The owner of Select Coatings, 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 Select Coatings, Inc make?
- SeeBITDA estimates Select Coatings, Inc's annual revenue at about $28.5M (likely between $18.8M and $32.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Select Coatings, Inc worth?
- About $16.6M, roughly 5.5× its estimated EBITDA of $3.0M, typical for a paint and coating manufacturing company its size. Likely range: $8.7M–$22.7M.
- How many employees does Select Coatings, Inc have?
- About 50, as reported on its PPP loan.
- When was Select Coatings, Inc founded?
- Select Coatings, Inc has been in business since 2002.