Thin Blue LLC
How we got $172K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 19% 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 |
|---|---|---|
| THIN BLUE LLC this business | $537K | — |
| JEFFREY PHILLIPS Tulsa · 1 employees | $195K | 0.0 mi |
| GOODIES CATERING LLC Tulsa · 5 employees | $912K | 1.7 mi |
| SIMPLY DELISH CATERING LLC Tulsa · 5 employees | $734K | 2.2 mi |
| FRESH CONNECTIONS, INC. Tulsa · 1 employees | $290K | 2.4 mi |
| AUSTIN ANDERSON ENTERPRISES LLC Tulsa · 2 employees | $288K | 2.8 mi |
| SHE AND ME LLC Tulsa · 1 employees | $200K | 3.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $494K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $450K |
| Estimate: the two combined (geometric mean) | $537K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $69K |
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 | $172K |
| Multiple for this size and industry | 2.5× |
| Value range | $91K – $235K |
| Revenue range | $354K – $613K |
| EBITDA range | $45K – $78K |
| Industry (NAICS) | Food Service Contractors (722310) |
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
- BankingWeStreet FCUPPP / 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 Roles are as stated there and may be out of date.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
| WeStreet FCU PPP 2021 | All 179 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/18/2021 | first | $11K | 3 |
About Thin Blue LLC
Thin Blue LLC is a food service contractors company in Tulsa, Oklahoma. Its estimated annual revenue is about $537K, with roughly $69K of EBITDA. It has about 3 employees. Its estimated business value is $172K (likely range $91K–$235K).
Common questions
- Who owns Thin Blue LLC?
- The owner of Thin Blue 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 Thin Blue LLC make?
- SeeBITDA estimates Thin Blue LLC's annual revenue at about $537K (likely between $354K and $613K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thin Blue LLC worth?
- About $172K, roughly 2.5× its estimated EBITDA of $69K, typical for a food service contractors company its size. Likely range: $91K–$235K.
- How many employees does Thin Blue LLC have?
- About 3, as reported on its PPP loan.