Smart Image Systems Inc.
How we got $5.2M
Based on its 9 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▼ 8% 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 |
|---|---|---|
| SMART IMAGE SYSTEMS INC. this business | $3.1M | — |
| CROSSLAND'S A & A RENT-ALL & SALES CO. Oklahoma City · 43 employees | $18.0M | 1.5 mi |
| SAGE PUMP SERVICES, LP Oklahoma City · 70 employees | $37.5M | 1.9 mi |
| DKG 93 INC Del City · 1 employees | $469K | 3.2 mi |
| RIC LEASING INC Oklahoma City · 3 employees | $1.6M | 3.3 mi |
| WACO OF OKLAHOMA, INC Oklahoma City · 14 employees | $5.3M | 3.3 mi |
| PRO ACCESS RENTALS, LLC Oklahoma City · 44 employees | $23.0M | 3.5 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 37% |
| EBITDA = revenue × margin | $1.2M |
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 | $5.2M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.7M – $7.1M |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $761K – $1.3M |
| Industry (NAICS) | Office Machinery and Equipment Rental and Leasing (532420) |
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
History & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/28/2021 | second | $88K | 9 |
About Smart Image Systems Inc.
Smart Image Systems Inc. is an office machinery and equipment rental and leasing company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $3.1M, with roughly $1.2M of EBITDA. It has about 9 employees. Its estimated business value is $5.2M (likely range $2.7M–$7.1M).
Common questions
- Who owns Smart Image Systems Inc.?
- The owner of Smart Image Systems 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 Smart Image Systems Inc. make?
- SeeBITDA estimates Smart Image Systems Inc.'s annual revenue at about $3.1M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smart Image Systems Inc. worth?
- About $5.2M, roughly 4.5× its estimated EBITDA of $1.2M, typical for a office machinery and equipment rental and leasing company its size. Likely range: $2.7M–$7.1M.
- How many employees does Smart Image Systems Inc. have?
- About 9, as reported on its PPP loan.