SeeBITDAOklahoma

Walter Duncan, Inc.

Residential Property Managers
Estimated valueLow confidence
$5.8M
$2.7Mlikely range$8.2M
About 3.6× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$6.1M
a year
EBITDA
$1.6M
26% of revenue
Employees
35
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $5.8M

Based on 35 employees reported for PPP in 2020, grown 8% a year since.

35 employees × $148K each$5.2M
Shown toward the top of its range×1.18
Revenue$6.1M
× 26% EBITDA margin$1.6M
× 3.6 sale multiple = value$5.8M

Own this business? Correct these figures

Estimated value over time

▲ 23% since 2020
$0$3.5M$6.9M2020202120222023202420252026

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

▲ 3% since 2020
025502020202120222023202420253536
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan35$4.3M$1.1M
2020Form 550034$4.2M$1.1M
2021Form 550036$4.4M$1.2M
2022Form 550033$4.1M$1.1M
2023Form 550033$4.1M$1.1M
2024Form 550036$4.4M$1.2M
2025Form 550036$4.4M$1.2M

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, 2025
No reported financials
No website found
Owner not found

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
WALTER DUNCAN, INC.
this business
$6.1M$1.6M—
CANE CREEK, INC.
Oklahoma City · 4 employees
$1.7M$527K0.1 mi
R. T. OLIVER INVESTMENTS INC.
Oklahoma City · 7 employees
$3.2M$930K0.1 mi
PRICE EDWARDS & COMPANY, INC
Oklahoma City · 180 employees
$67.1M$14.5M0.1 mi
ROBINSON PARK LLC
Oklahoma City · 123 employees
$29.3M$6.3M0.1 mi
SCOTT GROUP, LLC
Oklahoma City · 17 employees
$4.4M$1.3M0.3 mi
OKLAHOMA CITY PROPERTY GROUP LLC
Oklahoma City · 1 employees
$441K$165K0.3 mi

Ranges & sources

Revenue range$3.6M – $7.2M
EBITDA range$954K – $1.9M
Industry (NAICS)Residential Property Managers (531311)
Value range$2.7M – $8.2M

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

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$808K$813K35BancFirst

About Walter Duncan, Inc.

Walter Duncan, Inc. is a residential property managers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $6.1M, with roughly $1.6M of EBITDA. It has about 36 employees. Its estimated business value is $5.8M (likely range $2.7M–$8.2M).

Common questions

Who owns Walter Duncan, Inc.?
The owner of Walter Duncan, 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 Walter Duncan, Inc. make?
SeeBITDA estimates Walter Duncan, Inc.'s annual revenue at about $6.1M (likely between $3.6M and $7.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Walter Duncan, Inc. worth?
About $5.8M, roughly 3.6× its estimated EBITDA of $1.6M, typical for a residential property managers company its size. Likely range: $2.7M–$8.2M.
How many employees does Walter Duncan, Inc. have?
About 36, from its 2025 retirement-plan filing.