Wells & Company CPA PC
How we got $949K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 46 years (since 1980)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Wells, Wann & Company, CPA, P.C. is an accounting firm offering holistic accounting services with a personal touch, including tax, student loan, estate and business consulting services. It serves individuals and businesses, with a home office in Poteau, Oklahoma, branch locations, and virtual services.
From the company's website. Industry: Accounting & tax.
Estimated value over time
▲ 30% 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 |
|---|---|---|
| WELLS & COMPANY CPA PC this business | $1.4M | — |
| BRIAN E ROBERTS CPA PC Poteau · 6 employees | $1.3M | 0.4 mi |
| Peck CPA Poteau | $736K | 0.5 mi |
| MEDICUS BILLING AND CONSULTING INC Poteau · 10 employees | $1.9M | 0.5 mi |
| GLORIA ANN CHERRY, CPA, LLC Poteau · 1 employees | $245K | 0.5 mi |
| TRUNORTH INVESTING, LLC Poteau · 13 employees | $3.2M | 2.5 mi |
| ANGELA A CLAIBORN CPA PLLC Poteau · 9 employees | $1.4M | 3.2 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $986K |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $271K |
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 | $949K |
| Multiple for this size and industry | 3.5× |
| Value range | $499K – $1.3M |
| Revenue range | $899K – $1.6M |
| EBITDA range | $178K – $309K |
| Industry (NAICS) | Offices of Certified Public Accountants (541211) |
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
“Founded in 1980, Dick & Sharron Wells built Wells, Wann & Company, CPA, P.C. on a foundation of excellence.”
Leadership
- LCLevi ChuculateManaging Partner, Shareholder · Company website · source
- RHRon HallCertified Public Accountant · Company website · source
- CCClay collierCertified Public Accountant · Company website · source
- SCSheri CarterCertified Public Accountant · Company website · source
Advisors
- BankingThe First National Bank of Fort SmithPPP / 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
| The First National Bank of Fort Smith PPP 2020 | All 252 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $52K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wells & Company CPA PC
Wells & Company CPA PC is an accounting & tax company in Poteau, Oklahoma, in business since 1980. It is owned by Nickolas E. Wann (Managing Partner, Shareholder). Its estimated annual revenue is about $1.4M, with roughly $271K of EBITDA. It has about 8 employees. Its estimated business value is $949K (likely range $499K–$1.3M).
Common questions
- Who owns Wells & Company CPA PC?
- Wells & Company CPA PC is owned by Nickolas E. Wann (Managing Partner, Shareholder), according to public sources such as the company's website or filings.
- How much revenue does Wells & Company CPA PC make?
- SeeBITDA estimates Wells & Company CPA PC's annual revenue at about $1.4M (likely between $899K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wells & Company CPA PC worth?
- About $949K, roughly 3.5× its estimated EBITDA of $271K, typical for a accounting & tax company its size. Likely range: $499K–$1.3M.
- How many employees does Wells & Company CPA PC have?
- About 8, as reported on its PPP loan.
- When was Wells & Company CPA PC founded?
- Wells & Company CPA PC has been in business since 1980.
- Is Wells & Company CPA PC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 46 years (since 1980); no family successor named on its website.