Watson & Sons, LLC
How we got $223K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Watson & Sons Carpet and Tile Cleaning is a locally owned and operated company serving Central Oklahoma for over 48 years, offering carpet, upholstery, and tile cleaning along with deodorizing, carpet protection, and water removal services.
From the company's website. Industry: Carpet & upholstery cleaning.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- APPRO, INC. · Tulsa, 77 mi · $27.6M
- FINAL TOUCH CLEANING COMPANY · Tulsa, 77 mi · $20.1M
- FIRST MAINTENANCE COMPANY · Oklahoma City, 37 mi · $19.7M
- OKLAHOMA BUILDING SERVICES INC · Oklahoma City, 36 mi · $9.5M
- OFFICE EXPRESS JANITORIAL SERVICES, INC · Tulsa, 74 mi · $9.1M
Estimated value over time
▲ 27% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WATSON & SONS, LLC this business | $609K | — |
| PELTIER LAWN SERVICE INC. Shawnee · 11 employees | $1.3M | 0.5 mi |
| Chase Lawns LLC Shawnee | $935K | 1.1 mi |
| ARMSTRONG CARPET & TILE CLEANING LLC Shawnee · 3 employees | $514K | 1.3 mi |
| MICKEY WINDOW CLEANING LLC Shawnee · 1 employees | $158K | 1.3 mi |
| Alams U-Save Termite & Pest Control Shawnee | $935K | 1.5 mi |
| Affordable Cleaning Services Shawnee | $935K | 2.5 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $567K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $503K |
| Estimate: the two combined (geometric mean) | $609K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $93K |
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 | $223K |
| Multiple for this size and industry | 2.4× |
| Value range | $117K – $305K |
| Revenue range | $401K – $695K |
| EBITDA range | $61K – $106K |
| Industry (NAICS) | Carpet and Upholstery Cleaning Services (561740) |
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
People & advisors
Advisors
- BankingVision 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
| Vision Bank PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $26K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Watson & Sons, LLC
Watson & Sons, LLC is a carpet & upholstery cleaning company in Shawnee, Oklahoma. Its estimated annual revenue is about $609K, with roughly $93K of EBITDA. It has about 5 employees. Its estimated business value is $223K (likely range $117K–$305K).
Common questions
- Who owns Watson & Sons, LLC?
- The owner of Watson & Sons, LLC 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 Watson & Sons, LLC make?
- SeeBITDA estimates Watson & Sons, LLC's annual revenue at about $609K (likely between $401K and $695K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Watson & Sons, LLC worth?
- About $223K, roughly 2.4× its estimated EBITDA of $93K, typical for a carpet & upholstery cleaning company its size. Likely range: $117K–$305K.
- How many employees does Watson & Sons, LLC have?
- About 5, as reported on its PPP loan.