Vanguard Development Company
- Michael C. Platt, CCIMPresident · Company website
- Steven E. Cottom, CCIMExecutive Vice President · Company website
How we got $1.1M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 35% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Vanguard Development Company is a commercial development and leasing company that owns, manages, and leases industrial, office, and retail properties.
From the company's website. Industry: Nonresidential Property Managers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| VANGUARD DEVELOPMENT COMPANY this business | $1.6M | — |
| MEDALLION RESOURCES, LLC Oklahoma City · 9 employees | $3.8M | 0.7 mi |
| BDW INVESTMENTS LLC Oklahoma City · 1 employees | $624K | 0.9 mi |
| OAKWOOD PROPERTY MANAGEMENT, LLC Oklahoma City · 56 employees | $8.1M | 1.0 mi |
| BDW HOLDING COMPANY LLC Oklahoma City · 1 employees | $561K | 1.1 mi |
| PRIME OKC PROPERTIES, LLC Oklahoma City · 1 employees | $399K | 1.4 mi |
| MIDCON PROPERTY MANAGEMENT, LLC Oklahoma City · 8 employees | $2.1M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $958K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 29% |
| EBITDA = revenue × margin | $475K |
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $600K – $1.6M |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $313K – $542K |
| Industry (NAICS) | Nonresidential Property Managers (531312) |
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, 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
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 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $65K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Vanguard Development Company
Vanguard Development Company is a nonresidential property managers company in Oklahoma City, Oklahoma, in business since 2005. It is owned by Michael C. Platt (President). Its estimated annual revenue is about $1.6M, with roughly $475K of EBITDA. It has about 3 employees. Its estimated business value is $1.1M (likely range $600K–$1.6M).
Common questions
- Who owns Vanguard Development Company?
- Vanguard Development Company is owned by Michael C. Platt (President), according to public sources such as the company's website or filings.
- How much revenue does Vanguard Development Company make?
- SeeBITDA estimates Vanguard Development Company's annual revenue at about $1.6M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Vanguard Development Company worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $475K, typical for a nonresidential property managers company its size. Likely range: $600K–$1.6M.
- How many employees does Vanguard Development Company have?
- About 3, as reported on its PPP loan.
- When was Vanguard Development Company founded?
- Vanguard Development Company has been in business since 2005.