Walter & Associates, Inc
How we got $2.3M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 40% 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 Likely to sell
- In business 28 years (since 1998)
- Founder still runs it after 28 years
From public records and the company's website, not a statement that it's for sale.
What they do
Walter & Associates, Inc. is a Tulsa, OK realtor firm (WALTER & ASSOCIATES REALTORS®) that lists properties and shows a portfolio of previously represented properties.
From the company's website. Industry: Offices of Real Estate Agents and Brokers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WALTER & ASSOCIATES, INC this business | $2.7M | — |
| Daniels Greer Commercial Properties Tulsa | $966K | 0.2 mi |
| Philip Doyle Design Tulsa | $966K | 0.2 mi |
| JOSH WALKER Tulsa · 1 employees | $853K | 0.4 mi |
| DATHELGOLDENSTOREYENTERPRISES LLC Tulsa · 1 employees | $774K | 0.4 mi |
| H. ROSE REAL ESTATE, LLC Tulsa · 1 employees | $732K | 0.4 mi |
| HASSELL FREE LLC Tulsa · 2 employees | $784K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $2.7M |
| EBITDA margin (industry, adjusted for size) | 29% |
| EBITDA = revenue × margin | $766K |
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 | $2.3M |
| Multiple for this size and industry | 3× |
| Value range | $1.2M – $3.1M |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $504K – $873K |
| Industry (NAICS) | Offices of Real Estate Agents and Brokers (531210) |
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
- 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
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $50K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Walter & Associates, Inc
Walter & Associates, Inc is an offices of real estate agents and brokers company in Tulsa, Oklahoma, in business since 1998. It is owned by Peter Walter (Founder). Its estimated annual revenue is about $2.7M, with roughly $766K of EBITDA. It has about 4 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.1M).
Common questions
- Who owns Walter & Associates, Inc?
- Walter & Associates, Inc is owned by Peter Walter (Founder), according to public sources such as the company's website or filings.
- How much revenue does Walter & Associates, Inc make?
- SeeBITDA estimates Walter & Associates, Inc's annual revenue at about $2.7M (likely between $1.7M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Walter & Associates, Inc worth?
- About $2.3M, roughly 3× its estimated EBITDA of $766K, typical for a offices of real estate agents and brokers company its size. Likely range: $1.2M–$3.1M.
- How many employees does Walter & Associates, Inc have?
- About 4, as reported on its PPP loan.
- When was Walter & Associates, Inc founded?
- Walter & Associates, Inc has been in business since 1998.
- Is Walter & Associates, Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 28 years (since 1998); founder still runs it after 28 years.