SeeBITDAOklahoma

Wellcaddie LLC

Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers
  • 2940 NW 156th Street, Edmond, OK
Estimated valueMedium confidence
$2.7M
$1.4Mlikely range$3.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$10.9M
a year
Profit (EBITDA)
$750K
7% of revenue
Employees
11
reported in 2020
Jeremy Fernandez
President · source
wellcaddie.comLinkedIn
Contact
Find Jeremy Fernandez on RocketReach Request removal or correction

How we got $2.7M

Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.

11 employees × $949K each$10.4M
PPP payroll ÷ payroll's usual share of revenue$8.8M
Shown toward the top of its range×1.14
Revenue$10.9M
× 7% profit margin$750K
× 3.6 sale multiple = value$2.7M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

What they do

WellCaddie LLC is a robotic monitoring and measuring company that automates data collection from wells and delivers real-time production data to smart devices for oil and gas operators.

Products & services
Robotic monitoring technologyCommand Center Plug & PlayReal-Time DashboardsRemote ConnectivityMobile AlertsEasy OnboardingStraightforward Pricing
Markets served
Oil and Gas

From the company's website. Industry: Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Oil & gas

Estimated value over time

▲ 99% since 2020
$0$1.6M$3.1M20202026

Today'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

BusinessEst. revenueEst. profitDistance
WELLCADDIE LLC
this business
$10.9M$750K—
T & E FLOW SERVICES LLC
Oklahoma City · 8 employees
$8.6M$720K2.4 mi
OKY INVESTMENTS INC.
Edmond · 4 employees
$3.6M$327K2.5 mi
BOD PROPERTIES LLC
Oklahoma City · 3 employees
$3.6M$327K2.6 mi
ZAHCARA BRYANT
Oklahoma City · 1 employees
$1.5M$154K2.7 mi
AIR SYSTEMS AND PUMP SOLUTIONS, L.L.C.
Edmond · 23 employees
$26.9M$1.8M3.3 mi
PRIESSCO LLC
Oklahoma City · 4 employees
$4.4M$370K3.5 mi

The full calculation

Employees reported to the SBA11
Revenue from headcount (employees × revenue per employee for companies this size)$10.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$8.8M
Estimate: the two combined (geometric mean)$10.9M
EBITDA margin (industry, adjusted for size)7%
EBITDA = revenue × margin$750K

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$2.7M
Multiple for this size and industry3.6×
Value range$1.4M – $3.7M
Revenue range$7.2M – $12.5M
EBITDA range$493K – $855K
Industry (NAICS)Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810)

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

Leadership

  • GH
    Greg Hall
    Chairman · Company website · source
  • BS
    Bradd Schwartz
    Co-Founder · Company website · source
  • SC
    Steve Cromwell
    Co-Founder · Company website · source
  • CA
    Caleb Atchley
    Co-Founder/CTO · Company website · source
  • FE
    Frank E. Naifeh
    Chief Financial Officer · Company website · source
  • DC
    Danielle Cronic
    Staff Accountant · Company website · source
  • BL
    Bob Launhardt
    Technical Sales Representative · Company website · source
  • RC
    Ron Carr
    Sales Consultant · Company website · source
  • GC
    Gail Carr
    Director of Marketing and Branding · Company website · source

Advisors

  • BankingInternational Bank of CommercePPP / 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

International Bank of Commerce
PPP 2020, PPP 2021
All 442 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$91K$92K11International Bank of Commerce
1/20/2021second$93K$93K9International Bank of Commerce

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Wellcaddie LLC

Wellcaddie LLC is a construction and mining (except oil well) machinery and equipment merchant wholesalers company in Edmond, Oklahoma. It is owned by Jeremy Fernandez (President). Its estimated annual revenue is about $10.9M, with roughly $750K of EBITDA. It has about 11 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).

Common questions

Who owns Wellcaddie LLC?
Wellcaddie LLC is owned by Jeremy Fernandez (President), according to public sources such as the company's website or filings.
How much revenue does Wellcaddie LLC make?
SeeBITDA estimates Wellcaddie LLC's annual revenue at about $10.9M (likely between $7.2M and $12.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Wellcaddie LLC worth?
About $2.7M, roughly 3.6× its estimated EBITDA of $750K, typical for a construction and mining (except oil well) machinery and equipment merchant wholesalers company its size. Likely range: $1.4M–$3.7M.
How many employees does Wellcaddie LLC have?
About 11, as reported on its PPP loan.