SeeBITDAOklahoma

Two Structures LLC

  • 2414 NW 178th Street, Edmond, OK
  • Since 2009
  • Family-owned
  • NAICS 236115
Estimated valueMedium confidence
$1.8M
$928Klikely range$2.4M
About 2.8× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$11.6M
a year
EBITDA
$630K
5% of revenue
Employees
10
reported in 2020
Leadership
Jay and Tricia Evans
Owners & Founders · source · confirmed by 2 sources
Unlikely to sell soon

How we got $1.8M

Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.

10 employees × $1.0M each$10.0M
PPP payroll ÷ payroll's usual share of revenue$10.3M
Shown toward the top of its range×1.14
Revenue$11.6M
× 5% EBITDA margin$630K
× 2.8 sale multiple = value$1.8M

Own this business? Correct these figures

Estimated value over time

▲ 44% since 2020
$0$1.0M$2.0M20202021202220242026

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

▼ 50% since 2020
010202020202120222024105
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan10$7.4M$402K
2020Form 55007$5.2M$281K
2021Form 55008$5.9M$322K
2022Form 55009$6.7M$362K
2024Form 55005$3.7M$201K

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

Signs of a sale Unlikely to sell soon

  • In business 17 years (since 2009)

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

What they do

Two Structures Homes is a locally owned home builder in the Oklahoma City metro that builds affordable, customizable, energy-efficient homes. It serves buyers who want a semi-custom home without the delays and price of a full custom build.

Products & services
Custom Home Builders in Oklahoma CityBuilding a Home on Your Own Land in OklahomaAvailable HomesFloor Plans
Service area
OKC MetroOklahoma CityEdmondOklahoma
Certifications
Energy Star-certified

From the company's website. Industry: Home builders.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
TWO STRUCTURES LLC
this business
$11.6M$630K—
CURT COMPANY LLC
Edmond · 1 employees
$1.6M$105K0.8 mi
M ROSE HOMES, LLC
Edmond · 2 employees
$1.9M$125K0.8 mi
DEBBIE GREGORY CUSTOM HOMES INC.
Edmond · 1 employees
$1.0M$78K1.0 mi
TYRUS CONSTRUCTION CO LLC
Edmond · 1 employees
$1.4M$103K1.2 mi
CUSTOM INTERIORS BY RANDY INC
Edmond · 1 employees
$403K$35K1.2 mi
STONE FOGARTY CONSTRUCTION LLC
Edmond · 1 employees
$1.5M$100K1.3 mi

Ranges & sources

Revenue range$7.6M – $13.2M
EBITDA range$414K – $718K
Industry (NAICS)New Single-Family Housing Construction (except For-Sale Builders) (236115)
Value range$928K – $2.4M

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 by Jay and Tricia EvansFamily-owned
“We started Two Structures Homes with a dream: to create houses that feel like home the moment you walk in.”

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020
All 7,048 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$115K$116K10BancFirst

Public records

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

About Two Structures LLC

Two Structures LLC is a family-owned home builders company in Edmond, Oklahoma, in business since 2009. It is owned by Jay and Tricia Evans (Owners & Founders). Its estimated annual revenue is about $11.6M, with roughly $630K of EBITDA. It has about 5 employees. Its estimated business value is $1.8M (likely range $928K–$2.4M).

Common questions

Who owns Two Structures LLC?
Two Structures LLC is owned by Jay and Tricia Evans (Owners & Founders), according to public sources such as the company's website or filings.
How much revenue does Two Structures LLC make?
SeeBITDA estimates Two Structures LLC's annual revenue at about $11.6M (likely between $7.6M and $13.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Two Structures LLC worth?
About $1.8M, roughly 2.8× its estimated EBITDA of $630K, typical for a home builders company its size. Likely range: $928K–$2.4M.
How many employees does Two Structures LLC have?
About 5, from its 2024 retirement-plan filing.
When was Two Structures LLC founded?
Two Structures LLC has been in business since 2009.