Townsman LP
How we got $1.1M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Townsman Motel is a 3-star motel in Boise City, Oklahoma, offering rooms with free Wi-Fi, air conditioning, and free parking for guests, including pet-friendly stays.
From the company's website. Industry: Hotels & motels.
Estimated value over time
▲ 14% since 2020Today'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 |
|---|---|---|
| TOWNSMAN LP this business | $895K | — |
| Longhorn Motel Boise City | $1.9M | 0.1 mi |
| MEHUL LP Boise City · 2 employees | $547K | 0.1 mi |
| Cobblestone Inn & Suites - Boise City Boise City | $1.9M | 0.4 mi |
| The Great Plains Bunk House | $1.9M | 21.5 mi |
| The Great Plains Bunk House Boise City | $1.9M | 21.7 mi |
| The Hitching Post at Black Mesa, Kenton, Oklahoma Kenton | $1.9M | 25.0 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $841K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $732K |
| Estimate: the two combined (geometric mean) | $895K |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $272K |
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 | $1.1M |
| Multiple for this size and industry | 3.9× |
| Value range | $559K – $1.5M |
| Revenue range | $588K – $1.0M |
| EBITDA range | $179K – $310K |
| Industry (NAICS) | Hotels (except Casino Hotels) and Motels (721110) |
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
Advisors
- BankingPanhandle First 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
| Panhandle First Bank PPP 2020 | All 123 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $16K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Townsman LP
Townsman LP is a hotels & motels company in Boise City, Oklahoma. Its estimated annual revenue is about $895K, with roughly $272K of EBITDA. It has about 3 employees. Its estimated business value is $1.1M (likely range $559K–$1.5M).
Common questions
- Who owns Townsman LP?
- The owner of Townsman LP 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 Townsman LP make?
- SeeBITDA estimates Townsman LP's annual revenue at about $895K (likely between $588K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Townsman LP worth?
- About $1.1M, roughly 3.9× its estimated EBITDA of $272K, typical for a hotels & motels company its size. Likely range: $559K–$1.5M.
- How many employees does Townsman LP have?
- About 3, as reported on its PPP loan.