Tri City Seal Co., Inc
How we got $2.0M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
Customers & suppliers
Customers
- Department of the Army · federal contracts $777K
Estimated value over time
▲ 52% 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 |
|---|---|---|
| TRI CITY SEAL CO., INC this business | $4.7M | — |
| MCR LLC Oklahoma City · 2 employees | $667K | 7.7 mi |
| POWELL AIRCRAFT TITLE SERVICE LLC Oklahoma City · 5 employees | $1.7M | 13.2 mi |
| POWELL AIRCRAFT TITLE SERVICES, LLC Oklahoma City · 5 employees | $1.9M | 13.2 mi |
| LEGACY AVIATION SERVICES, INC. Yukon · 15 employees | $6.2M | 13.9 mi |
| DII RESOURCES LLC Oklahoma City · 1 employees | $555K | 14.5 mi |
| DII RESOURCES LLC Moore · 1 employees | $555K | 14.6 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.1M |
| Estimate: the two combined (geometric mean) | $4.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $511K |
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 | $2.0M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.0M – $2.7M |
| Revenue range | $3.1M – $5.4M |
| EBITDA range | $336K – $583K |
| Industry (NAICS) | Other Airport Operations (488119) |
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
Advisors
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020, PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $109K | 11 |
| 1/19/2021 | second | $110K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tri City Seal Co., Inc
Tri City Seal Co., Inc is an other airport operations company in Tuttle, Oklahoma, in business since 2002. Its estimated annual revenue is about $4.7M, with roughly $511K of EBITDA. It has about 14 employees. Its estimated business value is $2.0M (likely range $1.0M–$2.7M).
Common questions
- Who owns Tri City Seal Co., Inc?
- The owner of Tri City Seal Co., Inc 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 Tri City Seal Co., Inc make?
- SeeBITDA estimates Tri City Seal Co., Inc's annual revenue at about $4.7M (likely between $3.1M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tri City Seal Co., Inc worth?
- About $2.0M, roughly 3.9× its estimated EBITDA of $511K, typical for a other airport operations company its size. Likely range: $1.0M–$2.7M.
- How many employees does Tri City Seal Co., Inc have?
- About 14, as reported on its PPP loan.
- When was Tri City Seal Co., Inc founded?
- Tri City Seal Co., Inc has been in business since 2002.