SeeBITDAOklahoma

Gooding Law Firm, a Professional Corporation

  • 204 N ROBINSON AVE STE 650, Oklahoma City, OK
  • Since 1989
  • NAICS 541110
Estimated valueMedium confidence
$982K
$517Klikely range$1.3M
About 2.3× its yearly profit, typical for a company this size in its industry.
Revenue
$2.4M
a year
Profit (EBITDA)
$427K
18% of revenue
Employees
7
reported in 2020
Leadership
O. Clifton Gooding
Founder · source
Some signs of a sale
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $982K

Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.

7 employees × $265K each$1.9M
PPP payroll ÷ payroll's usual share of revenue$2.3M
Shown toward the top of its range×1.14
Revenue$2.4M
× 18% profit margin$427K
× 2.3 sale multiple = value$982K

· Own this business? Correct these figures

What we know

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

Signs of a sale Some signs of a sale

  • In business 37 years (since 1989)
  • Founder still runs it after 37 years
  • Family in the business (Clif Gooding, Partner/Attorney)

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

What they do

The Gooding Law Firm, P.C. is a bankruptcy law practice in Oklahoma City that says it limits its practice exclusively to bankruptcy and helps consumers and businesses with debt relief.

Products & services
Chapter 7 bankruptcyChapter 11 bankruptcyChapter 13 bankruptcyConsumer bankruptcyCommercial bankruptcyHome foreclosureAuto repossessionMedical billsTaxes
Markets served
consumersbusinessessmall businesses
Service area
OklahomaOklahoma City
Certifications
Rated by Super Lawyers

From the company's website. Industry: Law firms.

Estimated value over time

▲ 26% since 2020
$0$564K$1.1M20202026

Today'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

BusinessEst. revenueEst. profitDistance
GOODING LAW FIRM, A PROFESSIONAL CORPORATION
this business
$2.4M$427K—
BLANEY, TWEEDY TIPTON & HIERSCHE, PLLC
Oklahoma City · 13 employees
$5.1M$827K0.0 mi
BURCH AND GEORGE PC
Oklahoma City · 3 employees
$1.0M$241K0.0 mi
THE BURCH LAW FIRM, PLLC
Oklahoma City · 7 employees
$1.8M$331K0.0 mi
GARY S. CHILTON PLLC
Oklahoma City · 2 employees
$660K$154K0.0 mi
HOLLADAY AND CHILTON PLLC
Oklahoma City · 8 employees
$2.7M$488K0.0 mi
JENNINGS TEAGUE PC
Oklahoma City · 13 employees
$4.3M$706K0.0 mi

The full calculation

Employees reported to the SBA7
Revenue from headcount (employees × revenue per employee for companies this size)$1.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.3M
Estimate: the two combined (geometric mean)$2.4M
EBITDA margin (industry, adjusted for size)18%
EBITDA = revenue × margin$427K

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$982K
Multiple for this size and industry2.3×
Value range$517K – $1.3M
Revenue range$1.6M – $2.7M
EBITDA range$281K – $487K
Industry (NAICS)Offices of Lawyers (541110)

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

Founded 1989 by O. Clifton Gooding
“The Gooding Law Firm was established in 1989 by O. Clifton Gooding.”

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020, PPP 2021
All 7,048 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$103K$104K1BancFirst
3/13/2021second$110K$110K7BancFirst

Public records

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

About Gooding Law Firm, a Professional Corporation

Gooding Law Firm, a Professional Corporation is a law firms company in Oklahoma City, Oklahoma, in business since 1989. It is owned by O. Clifton Gooding (Founder). Its estimated annual revenue is about $2.4M, with roughly $427K of EBITDA. It has about 7 employees. Its estimated business value is $982K (likely range $517K–$1.3M).

Common questions

Who owns Gooding Law Firm, a Professional Corporation?
Gooding Law Firm, a Professional Corporation is owned by O. Clifton Gooding (Founder), according to public sources such as the company's website or filings.
How much revenue does Gooding Law Firm, a Professional Corporation make?
SeeBITDA estimates Gooding Law Firm, a Professional Corporation's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Gooding Law Firm, a Professional Corporation worth?
About $982K, roughly 2.3× its estimated EBITDA of $427K, typical for a law firms company its size. Likely range: $517K–$1.3M.
How many employees does Gooding Law Firm, a Professional Corporation have?
About 7, as reported on its PPP loan.
When was Gooding Law Firm, a Professional Corporation founded?
Gooding Law Firm, a Professional Corporation has been in business since 1989.