Southwest Equine Restraint Inc
- Teresa BartlingOwner · Company website
How we got $959K
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 23% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 25 years (since 2001)
- Family in the business (Teresa Bartling, Owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Southwest Equine makes all-galvanized portable roping and riding arenas, panels and livestock products in Oklahoma, and says it is a specialist for portable arenas and panels.
From the company's website. Industry: Fencing, siding & exterior.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SOUTHWEST EQUINE RESTRAINT INC this business | $3.9M | — |
| FLANAGAN CONSTRUCTION & EXCAVATION LLC Marietta · 3 employees | $1.2M | 6.1 mi |
| COULTER OILFIELD SERVICES LLC Burneyville · 3 employees | $1.5M | 10.4 mi |
| ELLIOTT RENTAL & EQUIPMENT Ardmore · 11 employees | $4.0M | 12.9 mi |
| C MORGAN CONSTRUCTION LLC Ardmore · 17 employees | $4.5M | 13.8 mi |
| FRED GUSTINE Ardmore · 1 employees | $311K | 14.3 mi |
| CRYSTAL BLUE BACKYARDS, LLC Ardmore · 5 employees | $1.4M | 15.1 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $3.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $417K |
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 | $959K |
| Multiple for this size and industry | 2.3× |
| Value range | $505K – $1.3M |
| Revenue range | $2.6M – $4.5M |
| EBITDA range | $274K – $475K |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
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
“Together with our family, Southwest Equine has provided high quality portable arenas and metal products for over 20 years.”
Advisors
- BankingPeoples 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
| Peoples Bank and Trust Company PPP 2020 | All 320 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 | $80K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Southwest Equine Restraint Inc
Southwest Equine Restraint Inc is a fencing, siding & exterior company in Marietta, Oklahoma, in business since 2001. It is owned by Laurie Bartling. Its estimated annual revenue is about $3.9M, with roughly $417K of EBITDA. It has about 11 employees. Its estimated business value is $959K (likely range $505K–$1.3M).
Common questions
- Who owns Southwest Equine Restraint Inc?
- Southwest Equine Restraint Inc is owned by Laurie Bartling, according to public sources such as the company's website or filings.
- How much revenue does Southwest Equine Restraint Inc make?
- SeeBITDA estimates Southwest Equine Restraint Inc's annual revenue at about $3.9M (likely between $2.6M and $4.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southwest Equine Restraint Inc worth?
- About $959K, roughly 2.3× its estimated EBITDA of $417K, typical for a fencing, siding & exterior company its size. Likely range: $505K–$1.3M.
- How many employees does Southwest Equine Restraint Inc have?
- About 11, as reported on its PPP loan.
- When was Southwest Equine Restraint Inc founded?
- Southwest Equine Restraint Inc has been in business since 2001.