Tsi-Enquip Inc.
How we got $2.6M
Based on its 9 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▼ 17% since 2021Today'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
Signs of a sale Some signs of a sale
- In business 42 years (since 1984)
From public records and the company's website, not a statement that it's for sale.
What they do
TSI-Enquip, Inc. is a Tulsa, Oklahoma manufacturer of oil/water separators, storage vessels, and tank accessories. It designs and fabricates these products and offers 30-year limited warranties on its separators and storage vessels.
From the company's website. Industry: Metal Tank (Heavy Gauge) Manufacturing.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TSI-ENQUIP INC. this business | $4.8M | — |
| AMERICAN TANK & CONSTRUCTION COMPANY Tulsa · 8 employees | $4.1M | 3.0 mi |
| HUGHES ANDERSON HEAT EXCHANGERS, INC. Tulsa · 134 employees | $89.8M | 3.3 mi |
| ADVANCED PRECISION FABRICATORS INC. Tulsa · 16 employees | $7.0M | 3.9 mi |
| HEAT TRANSFER EQUIPMENT COMPANY Tulsa · 133 employees | $103.0M | 5.0 mi |
| THE WHITE GROUP INC Tulsa · 1 employees | $923K | 5.2 mi |
| ENERGY EXCHANGER COMPANY Tulsa · 73 employees | $68.5M | 6.1 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.4M |
| Estimate: the two combined (geometric mean) | $4.8M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $679K |
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 | $2.6M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.4M – $3.6M |
| Revenue range | $3.1M – $5.4M |
| EBITDA range | $446K – $774K |
| Industry (NAICS) | Metal Tank (Heavy Gauge) Manufacturing (332420) |
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
“Since 1984, Enquip has designed and manufactured the industry's leading oil-water separators.”
Advisors
- BankingSecurity 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
| Security Bank PPP 2021 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/27/2021 | second | $149K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tsi-Enquip Inc.
Tsi-Enquip Inc. is a metal tank (heavy gauge) manufacturing company in Tulsa, Oklahoma, in business since 1984. Its estimated annual revenue is about $4.8M, with roughly $679K of EBITDA. It has about 9 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.6M).
Common questions
- Who owns Tsi-Enquip Inc.?
- The owner of Tsi-Enquip 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 Tsi-Enquip Inc. make?
- SeeBITDA estimates Tsi-Enquip Inc.'s annual revenue at about $4.8M (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 Tsi-Enquip Inc. worth?
- About $2.6M, roughly 3.9× its estimated EBITDA of $679K, typical for a metal tank (heavy gauge) manufacturing company its size. Likely range: $1.4M–$3.6M.
- How many employees does Tsi-Enquip Inc. have?
- About 9, as reported on its PPP loan.
- When was Tsi-Enquip Inc. founded?
- Tsi-Enquip Inc. has been in business since 1984.