SeeBITDAOklahoma

The Fleming Construction Group, LLC

Estimated valueMedium confidence
$5.7M
$3.4Mlikely range$8.9M
About 3.4× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$33.4M
a year
EBITDA
$1.7M
5% of revenue
Employees
41
reported in 2020
Leadership
Tom O’Brien
Managing Member · source · confirmed by 2 sources
Likely to sell
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $5.7M

Based on 41 employees reported for PPP in 2020, grown 8% a year since.

41 employees (PPP loan, 2020)41
× 1.63 growth (8% a year since 2020)67 today
× $500K revenue per employee (commercial construction)$33.4M
× 5% EBITDA margin$1.7M
× 3.4 sale multiple = value$5.7M

Own this business? Correct these figures

Estimated value over time

▲ 103% since 2020
$0$5.4M$10.8M202020212022202320242026

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

▲ 173% since 2020
01002002020202120222023202441112
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan41$29.4M$1.5M
2020Form 550045$32.3M$1.6M
2021Form 550041$29.4M$1.5M
2022Form 550074$53.0M$2.7M
2023Form 550073$52.3M$2.6M
2024Form 5500112$80.3M$4.1M

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.

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 80 years (since 1946)
  • No family successor named on its website

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

What they do

Fleming Construction Group is a full-service, design-build general contractor offering pre-construction, construction, and post-construction/retrofit services for commercial, industrial, and built-to-suit facilities, with a maintenance arm, Fleming 8760, for roofing and retrofits.

Products & services
Pre-ConstructionDesign-BuildConstruction ManagementCost PlusLump SumPost Construction + RetrofitRoofing and Insurance ClaimsEnergy Efficiency UpgradesTenant ImprovementsRemodels and RenovationsRe-Roof and Roof MaintenanceEnergy Efficiency LED Lighting and HVAC Retrofit
Markets served
commercialindustrialdata centerswarehouses and distributionnon-residential and industrial facilitiessteel mills
Service area
OklahomaTulsaOklahoma CityKansas CityPhoenixAtlantaUS
Certifications
Licensed General Contractor Arizona ROC #341683EM-385 QualifiedEM-385-1-1 QualifiedISO 9001 Internal Auditor CertificationOSHA 30SPHR SHRM-Senior Certified Professional

From the company's website. Industry: Commercial construction.

Customers & suppliers

Customers

  • Amazon · named on its website
  • FedEx · named on its website
  • Microsoft · named on its website
  • Sulzer Chemtech USA, Inc · named on its website

Suppliers & brands

  • BlueScope · brand it sells or installs

Possible customers nearby

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

Warehousing & storage

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
THE FLEMING CONSTRUCTION GROUP, LLC
this business
$33.4M$1.7M—
SHANI DEVA CONSTRUCTION LLC
Tulsa · 3 employees
$2.4M$165K0.3 mi
The Boldt Company
Tulsa
$1.0M$234K0.4 mi
R&R OPERATIONS
Tulsa · 4 employees
$3.3M$201K0.9 mi
TRIGON, INC.
Tulsa · 10 employees
$8.1M$442K0.9 mi
JIM BUTLER CONSTRUCTION CO. INC
Tulsa · 7 employees
$5.7M$310K1.0 mi
MID SOUTH PARTITIONS TULSA INC
Tulsa · 6 employees
$4.9M$301K1.0 mi

Ranges & sources

Revenue range$25.1M – $43.4M
EBITDA range$1.3M – $2.2M
Industry (NAICS)Commercial and Institutional Building Construction (236220)
Value range$3.4M – $8.9M

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

Founded 1946
“Since 1946, the Fleming Construction Group (FCG) has been a leader in pre-construction, construction, and post-construction/retrofit services for the development of non-residential and industrial facilities.”

Advisors

  • BankingSecurity 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

Security Bank
PPP 2020, PPP 2021
All 617 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/6/2020first$705K$713K34Security Bank
2/25/2021second$705K$709K41Security Bank

Public records

LinkedIn company page
Size as the company lists it
Employees—

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

About The Fleming Construction Group, LLC

The Fleming Construction Group, LLC is a commercial construction company in Tulsa, Oklahoma, in business since 1946. It is owned by Tom O’Brien (Managing Member). Its estimated annual revenue is about $33.4M, with roughly $1.7M of EBITDA. It has about 112 employees. Its estimated business value is $5.7M (likely range $3.4M–$8.9M).

Common questions

Who owns The Fleming Construction Group, LLC?
The Fleming Construction Group, LLC is owned by Tom O’Brien (Managing Member), according to public sources such as the company's website or filings.
How much revenue does The Fleming Construction Group, LLC make?
SeeBITDA estimates The Fleming Construction Group, LLC's annual revenue at about $33.4M (likely between $25.1M and $43.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is The Fleming Construction Group, LLC worth?
About $5.7M, roughly 3.4× its estimated EBITDA of $1.7M, typical for a commercial construction company its size. Likely range: $3.4M–$8.9M.
How many employees does The Fleming Construction Group, LLC have?
About 112, from its 2024 retirement-plan filing.
When was The Fleming Construction Group, LLC founded?
The Fleming Construction Group, LLC has been in business since 1946.
Is The Fleming Construction Group, LLC for sale?
There's no public listing, but it shows signs that often come before a sale: in business 80 years (since 1946); no family successor named on its website.