SeeBITDAOklahoma

Tri-Star Construction, LLC

Highway, Street, and Bridge Construction
Estimated valueMedium confidence
$10.9M
$6.6Mlikely range$17.1M
About 4.1× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$27.2M
a year
EBITDA
$2.7M
10% of revenue
Employees
50
reported in 2020
Leadership
Mark Huff
Owner · source · confirmed by 2 sources · LinkedIn
Unlikely to sell soon

How we got $10.9M

Based on 50 employees reported for PPP in 2020, grown 8% a year since.

50 employees (PPP loan, 2020)50
× 1.63 growth (8% a year since 2020)81 today
× $334K revenue per employee (highway, street, and bridge construction)$27.2M
× 10% EBITDA margin$2.7M
× 4.1 sale multiple = value$10.9M

Own this business? Correct these figures

Estimated value over time

▲ 103% since 2020
$0$6.3M$12.6M202020212022202320242026

Today'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

▲ 6% since 2020
050100202020212022202320245053
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan50$16.7M$1.6M
2020Form 550029$9.7M$949K
2021Form 550043$14.4M$1.4M
2022Form 550039$13.0M$1.3M
2023Form 550047$15.7M$1.5M
2024Form 550053$17.7M$1.7M

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.

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 22 years (since 2004)

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

What they do

Tri-Star Construction, LLC is a Tulsa, OK civil construction company offering asphalt paving, bridges, concrete paving, concrete services, earthwork, utilities and parks and trails work, with testimonials from city officials.

Products & services
Asphalt PavingBridgesConcrete PavingConcrete ServicesEarthworkUtilitiesParks & Trails
Service area
Tulsa, OKBroken ArrowBixby, OklahomaOkmulgee
Certifications
OSHA 10OSHA 30

From the company's website. Industry: Highway, Street, and Bridge Construction.

Customers & suppliers

Customers

  • City of Broken Arrow · named on its website
  • City of Tulsa · named on its website
  • Marathon Oil & Gas · named on its website
  • ODOT · named on its website
  • William W. Barnes Children's Advocacy Center · named on its website

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
TRI-STAR CONSTRUCTION, LLC
this business
$27.2M$2.7M—
CHAMPION CONCRETE SERVICES, INC
Tulsa · 23 employees
$12.5M$1.2M1.8 mi
Apac-Oklahoma
Tulsa
$2.0M$253K2.8 mi
T-G EXCAVATING INC
Catoosa · 72 employees
$39.2M$3.8M6.0 mi
Apac-central, Inc.
Tulsa
$2.0M$253K6.8 mi
Oklahoma Paving & Chip Seal
Tulsa
$2.0M$253K7.1 mi
M&M CONSTRUCTION GROUP INC.
Tulsa · 4 employees
$2.2M$285K7.2 mi

Ranges & sources

Revenue range$20.4M – $35.4M
EBITDA range$2.0M – $3.5M
Industry (NAICS)Highway, Street, and Bridge Construction (237310)
Value range$6.6M – $17.1M

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 2004
“Tri-Star Construction, LLC. was established in 2004 with 4 employees working out of the back of two old pickup trucks.”

Advisors

  • BankingRCB 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

RCB Bank
PPP 2020, PPP 2021
All 1,690 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$590K$594K30RCB Bank
4/10/2020first$78K$27K28RCB Bank
1/23/2021second$590K$595K50RCB Bank

Public records

LinkedIn company page
Size as the company lists it
Employees—
DOT motor carrier
USDOT 1425245
Trucks (power units)9
Drivers9
Miles (2024)100,000
Registered with DOT2005

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

About Tri-Star Construction, LLC

Tri-Star Construction, LLC is a highway, street, and bridge construction company in Tulsa, Oklahoma, in business since 2004. It is owned by Mark Huff. Its estimated annual revenue is about $27.2M, with roughly $2.7M of EBITDA. It has about 53 employees. Its estimated business value is $10.9M (likely range $6.6M–$17.1M).

Common questions

Who owns Tri-Star Construction, LLC?
Tri-Star Construction, LLC is owned by Mark Huff, according to public sources such as the company's website or filings.
How much revenue does Tri-Star Construction, LLC make?
SeeBITDA estimates Tri-Star Construction, LLC's annual revenue at about $27.2M (likely between $20.4M and $35.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Tri-Star Construction, LLC worth?
About $10.9M, roughly 4.1× its estimated EBITDA of $2.7M, typical for a highway, street, and bridge construction company its size. Likely range: $6.6M–$17.1M.
How many employees does Tri-Star Construction, LLC have?
About 53, from its 2024 retirement-plan filing.
When was Tri-Star Construction, LLC founded?
Tri-Star Construction, LLC has been in business since 2004.