Summit Wealth Strategies LLC
How we got $232K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 18% 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 |
|---|---|---|
| SUMMIT WEALTH STRATEGIES LLC this business | $343K | — |
| K. Forell & Associates, PLLC Alva | $736K | 0.0 mi |
| ENJ FINANCIAL, LLC Alva · 17 employees | $1.5M | 0.2 mi |
| JIM PFEIFFER, CPA, PC Alva · 2 employees | $703K | 1.0 mi |
| ACCOUNTING & BUSINESS SOLUTIONS, LLC Alva · 1 employees | $230K | 1.2 mi |
| Tammy Harmon Bookkeeping And Legal Documents Services Cherokee | $736K | 17.4 mi |
| TERRY GRAHAM, INC. Cherokee · 10 employees | $1.2M | 17.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $231K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $393K |
| Estimate: the two combined (geometric mean) | $343K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $80K |
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 | $232K |
| Multiple for this size and industry | 2.9× |
| Value range | $122K – $317K |
| Revenue range | $226K – $392K |
| EBITDA range | $53K – $91K |
| Industry (NAICS) | Tax Preparation Services (541213) |
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
Advisors
- BankingThe Citizens Bank of EdmondPPP / 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 Roles are as stated there and may be out of date.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 Citizens Bank of Edmond PPP 2021 | All 502 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/23/2021 | first | $12K | 2 |
About Summit Wealth Strategies LLC
Summit Wealth Strategies LLC is an accounting & tax company in Alva, Oklahoma. Its estimated annual revenue is about $343K, with roughly $80K of EBITDA. It has about 2 employees. Its estimated business value is $232K (likely range $122K–$317K).
Common questions
- Who owns Summit Wealth Strategies LLC?
- The owner of Summit Wealth Strategies 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 Summit Wealth Strategies LLC make?
- SeeBITDA estimates Summit Wealth Strategies LLC's annual revenue at about $343K (likely between $226K and $392K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summit Wealth Strategies LLC worth?
- About $232K, roughly 2.9× its estimated EBITDA of $80K, typical for a accounting & tax company its size. Likely range: $122K–$317K.
- How many employees does Summit Wealth Strategies LLC have?
- About 2, as reported on its PPP loan.