Vets Septic Service Inc
How we got $1.5M
Based on its 11 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Vets Septic Service and Shelters provides septic tank installation, sales, and pumping for residential and commercial customers, and builds storm shelters, with 24-hour emergency service in Oklahoma City.
From the company's website. Industry: Septic Tank and Related Services.
Customers & suppliers
Customers
- Indian Health Service · federal contracts $1.6M
- Department of Veterans Affairs · federal contracts $-54K
Estimated value over time
▲ 38% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| VETS SEPTIC SERVICE INC this business | $3.0M | — |
| VET'S SEPTIC SERVICE, INC. Oklahoma City · 11 employees | $3.0M | 0.0 mi |
| NOVA STAR RECYCLING LLC Oklahoma City · 9 employees | $5.9M | 0.9 mi |
| SOONER ROLL-OFF INC Oklahoma City · 23 employees | $5.6M | 1.8 mi |
| D WATTS & SONS LLC Oklahoma City · 10 employees | $2.8M | 2.3 mi |
| Foster Septic Tank Cleaning Oklahoma City | $2.4M | 2.3 mi |
| LA-KCHAO, L.L.C. Oklahoma City · 4 employees | $1.3M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $482K |
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 | $1.5M |
| Multiple for this size and industry | 3.2× |
| Value range | $812K – $2.1M |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $317K – $550K |
| Industry (NAICS) | Septic Tank and Related Services (562991) |
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
People & advisors
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 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/26/2021 | second | $101K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Vets Septic Service Inc
Vets Septic Service Inc is a septic tank and related services company in Oklahoma City, Oklahoma, in business since 2001. Its estimated annual revenue is about $3.0M, with roughly $482K of EBITDA. It has about 11 employees. Its estimated business value is $1.5M (likely range $812K–$2.1M).
Common questions
- Who owns Vets Septic Service Inc?
- The owner of Vets Septic Service 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 Vets Septic Service Inc make?
- SeeBITDA estimates Vets Septic Service Inc's annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Vets Septic Service Inc worth?
- About $1.5M, roughly 3.2× its estimated EBITDA of $482K, typical for a septic tank and related services company its size. Likely range: $812K–$2.1M.
- How many employees does Vets Septic Service Inc have?
- About 11, as reported on its PPP loan.
- When was Vets Septic Service Inc founded?
- Vets Septic Service Inc has been in business since 2001.