SeeBITDAOklahoma

Tom Morris Enterprises, Inc

Offices of Real Estate Agents and Brokers
  • 10904 N May Ave, Sutie I, Oklahoma City, OK
  • Since 1959
  • NAICS 531210
Estimated valueMedium confidence
$6.1M
$3.2Mlikely range$8.4M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$7.4M
a year
Profit (EBITDA)
$1.7M
23% of revenue
Employees
9
reported in 2020
Leadership
Thomas S. Morris
Founder · source
Likely to sell
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $6.1M

Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.

9 employees × $532K each$4.8M
PPP payroll ÷ payroll's usual share of revenue$8.7M
Shown toward the top of its range×1.14
Revenue$7.4M
× 23% profit margin$1.7M
× 3.6 sale multiple = value$6.1M

· Own this business? Correct these figures

Estimated value over time

▲ 40% since 2020
$0$3.5M$7.1M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

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

Signs of a sale Likely to sell

  • In business 67 years (since 1959)
  • Founder still runs it after 67 years
  • Family in the business (Tom Morris, President/Owner)

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

What they do

Tom Morris Enterprises, Inc. appears to be a commercial real estate business in Oklahoma City that operates shopping centers, including Shoppes at Northpark and Quail Plaza.

Products & services
Shoppes at NorthparkQuail Plaza
Service area
Oklahoma City, Oklahoma

From the company's website. Industry: Offices of Real Estate Agents and Brokers.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
TOM MORRIS ENTERPRISES, INC
this business
$7.4M$1.7M—
Redbud Contractors, L.L.C.
Oklahoma City
$966K$309K0.1 mi
D DEAN ENTERPRISE INC
Oklahoma City · 1 employees
$854K$273K0.2 mi
Gilliland Realty
Oklahoma City
$966K$309K0.2 mi
Manchester Elite Homes
Oklahoma City
$966K$309K0.2 mi
Carland Group, Llc
Oklahoma City
$966K$309K0.2 mi
Quail Creek Homeowner's Association
Oklahoma City
$966K$309K0.2 mi

The full calculation

Employees reported to the SBA9
Revenue from headcount (employees × revenue per employee for companies this size)$4.8M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$8.7M
Estimate: the two combined (geometric mean)$7.4M
EBITDA margin (industry, adjusted for size)23%
EBITDA = revenue × margin$1.7M

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$6.1M
Multiple for this size and industry3.6×
Value range$3.2M – $8.4M
Revenue range$4.8M – $8.4M
EBITDA range$1.1M – $1.9M
Industry (NAICS)Offices of Real Estate Agents and Brokers (531210)

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 1959 by Thomas S. Morris
“Our company was founded in 1959 by Thomas S. Morris, who is responsible for a vast majority of the developments in Northwest Oklahoma City.”

Advisors

  • BankingBOKF, National AssociationPPP / 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

BOKF, National Association
PPP 2020, PPP 2021
All 2,399 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$109K$110K9BOKF, National Association
3/18/2021second$107K$108K9BOKF, National Association

Public records

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

About Tom Morris Enterprises, Inc

Tom Morris Enterprises, Inc is an offices of real estate agents and brokers company in Oklahoma City, Oklahoma, in business since 1959. It is owned by Thomas S. Morris (Founder). Its estimated annual revenue is about $7.4M, with roughly $1.7M of EBITDA. It has about 9 employees. Its estimated business value is $6.1M (likely range $3.2M–$8.4M).

Common questions

Who owns Tom Morris Enterprises, Inc?
Tom Morris Enterprises, Inc is owned by Thomas S. Morris (Founder), according to public sources such as the company's website or filings.
How much revenue does Tom Morris Enterprises, Inc make?
SeeBITDA estimates Tom Morris Enterprises, Inc's annual revenue at about $7.4M (likely between $4.8M and $8.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Tom Morris Enterprises, Inc worth?
About $6.1M, roughly 3.6× its estimated EBITDA of $1.7M, typical for a offices of real estate agents and brokers company its size. Likely range: $3.2M–$8.4M.
How many employees does Tom Morris Enterprises, Inc have?
About 9, as reported on its PPP loan.
When was Tom Morris Enterprises, Inc founded?
Tom Morris Enterprises, Inc has been in business since 1959.
Is Tom Morris Enterprises, Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 67 years (since 1959); founder still runs it after 67 years; family in the business (tom morris, president/owner).