Water-Tek
How we got $322K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WATER-TEK this business | $889K | — |
| STRIKE AXE OPERATING SERVICES LLC Bartlesville · 1 employees | $467K | 8.1 mi |
| MSB CONSTRUCTION LLC Oologah · 7 employees | $2.3M | 14.7 mi |
| CONSOLIDATED RURAL WATER DISTRICT NO. 1 NOWATA AND ROGERS CO Chelsea · 3 employees | $915K | 19.1 mi |
| HAMILTON WATER SERVICE INC Claremore · 2 employees | $584K | 29.4 mi |
| AMERICAN QUALITY INSTALLATIONS, INC. Tulsa · 4 employees | $847K | 30.8 mi |
| EXAERIS WATER INNOVATIONS LLC Tulsa · 5 employees | $1.8M | 37.8 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $768K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $791K |
| Estimate: the two combined (geometric mean) | $889K |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $129K |
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 | $322K |
| Multiple for this size and industry | 2.5× |
| Value range | $169K – $440K |
| Revenue range | $585K – $1.0M |
| EBITDA range | $85K – $147K |
| Industry (NAICS) | Water Supply and Irrigation Systems (221310) |
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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/14/2020 | first | $20K | 3 |
About Water-Tek
Water-Tek is a water supply and irrigation systems company in Bartlesville, Oklahoma. Its estimated annual revenue is about $889K, with roughly $129K of EBITDA. It has about 3 employees. Its estimated business value is $322K (likely range $169K–$440K).
Common questions
- Who owns Water-Tek?
- The owner of Water-Tek 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 Water-Tek make?
- SeeBITDA estimates Water-Tek's annual revenue at about $889K (likely between $585K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Water-Tek worth?
- About $322K, roughly 2.5× its estimated EBITDA of $129K, typical for a water supply and irrigation systems company its size. Likely range: $169K–$440K.
- How many employees does Water-Tek have?
- About 3, as reported on its PPP loan.