Travertine, Inc
How we got $45.9M
Based on its 55 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 28 years (since 1998)
- Founder still runs it after 28 years
- Family in the business (Scott Lambert, Vice President)
- Headcount down 29% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 29% 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.
Employees over time
▼ 29% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 55 | $18.2M |
| 2020 | Form 5500 | 52 | $17.2M |
| 2021 | Form 5500 | 52 | $17.2M |
| 2022 | Form 5500 | 55 | $18.2M |
| 2023 | Form 5500 | 44 | $14.6M |
| 2024 | Form 5500 | 38 | $12.6M |
| 2025 | Form 5500 | 39 | $12.9M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TRAVERTINE, INC this business | $40.9M | — |
| Amazon Locker - Sea Tulsa | $1.7M | 0.1 mi |
| J. MEEKS PROPERTIES, L.L.C. Tulsa · 1 employees | $905K | 0.3 mi |
| Two Scots Moving Tulsa | $1.7M | 0.4 mi |
| GBL, LLC Tulsa · 1 employees | $616K | 0.6 mi |
| JOHN SWA Tulsa · 1 employees | $477K | 0.6 mi |
| HADDAD ENTERPRISES, INC. Tulsa · 1 employees | $356K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 55 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $59.1M |
| Estimate: the two combined (geometric mean) | $40.9M |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $8.8M |
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 | $45.9M |
| Multiple for this size and industry | 5.2× |
| Value range | $24.2M – $62.8M |
| Revenue range | $26.9M – $46.6M |
| EBITDA range | $5.8M – $10.1M |
| Industry (NAICS) | Lessors of Other Real Estate Property (531190) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
People & advisors
“Travertine was founded by Christine and Scott Lambert in 1998 in Los Angeles.”
Leadership
- SLScott LambertVice President · Company website · source
- RRRandy RichenbergerVice President · Company website · source
- DMDave McCabeNational Sales Director · Company website · source
- LFLindsay FreemanSenior Sales Manager · Company website · source
- MBMel BryantRegional Territory Manager · Company website · source
- SDSam D’AmbolaArea Sales Representative · Company website · source
- SJSteve JohnsonRegional Territory Manager · Company website · source
- BMBrian McLouthEngineer · Company website · source
- JNJeff NewellEngineer · Company website · source
- ZSZdenko SanticEngineer · Company website · source
- LPLaurie PriceManager of Corporate Accounting · Company website · source
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $986K | 55 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Travertine, Inc
Travertine, Inc is a lessors of other real estate property company in Tulsa, Oklahoma, in business since 1998. It is owned by Christine Lambert (President). Its estimated annual revenue is about $40.9M, with roughly $8.8M of EBITDA. It has about 39 employees. Its estimated business value is $45.9M (likely range $24.2M–$62.8M).
Common questions
- Who owns Travertine, Inc?
- Travertine, Inc is owned by Christine Lambert (President), according to public sources such as the company's website or filings.
- How much revenue does Travertine, Inc make?
- SeeBITDA estimates Travertine, Inc's annual revenue at about $40.9M (likely between $26.9M and $46.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Travertine, Inc worth?
- About $45.9M, roughly 5.2× its estimated EBITDA of $8.8M, typical for a lessors of other real estate property company its size. Likely range: $24.2M–$62.8M.
- How many employees does Travertine, Inc have?
- About 39, from its 2025 retirement-plan filing.
- When was Travertine, Inc founded?
- Travertine, Inc has been in business since 1998.
- Is Travertine, Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 28 years (since 1998); founder still runs it after 28 years; family in the business (scott lambert, vice president).