SeeBITDAOklahoma

Wells & Company CPA PC

  • 603 N Broadway St, Poteau, OK
  • Since 1980
Estimated valueMedium confidence
$949K
$499Klikely range$1.3M
About 3.5× its yearly profit, typical for a company this size in its industry.
Revenue
$1.4M
a year
Profit (EBITDA)
$271K
20% of revenue
Employees
8
reported in 2020
Nickolas E. Wann
Managing Partner, Shareholder · source
Likely to sell

How we got $949K

Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.

8 employees × $182K each$1.5M
PPP payroll ÷ payroll's usual share of revenue$986K
Shown toward the top of its range×1.14
Revenue$1.4M
× 20% profit margin$271K
× 3.5 sale multiple = value$949K

· Own this business? Correct these figures

What we know

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

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.

Products & services
Tax PreparationStudent LoansEstate Planning & ManagingBusiness ConsultingFinancial Statement PreparationPayrollTax PlanningGovernmentalFinancial PlanningInsurance planningOutsourced CFOInvestment Planning
Service area
Poteau, Oklahoma
Certifications
Certified Student Loan Professional

From the company's website. Industry: Accounting & tax.

Estimated value over time

▲ 30% since 2020
$0$546K$1.1M20202026

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
WELLS & COMPANY CPA PC
this business
$1.4M$271K—
BRIAN E ROBERTS CPA PC
Poteau · 6 employees
$1.3M$260K0.4 mi
Peck CPA
Poteau
$736K$171K0.5 mi
MEDICUS BILLING AND CONSULTING INC
Poteau · 10 employees
$1.9M$340K0.5 mi
GLORIA ANN CHERRY, CPA, LLC
Poteau · 1 employees
$245K$57K0.5 mi
TRUNORTH INVESTING, LLC
Poteau · 13 employees
$3.2M$573K2.5 mi
ANGELA A CLAIBORN CPA PLLC
Poteau · 9 employees
$1.4M$272K3.2 mi

The full calculation

Employees reported to the SBA8
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 industry3.5×
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 1980 by Dick & Sharron Wells
“Founded in 1980, Dick & Sharron Wells built Wells, Wann & Company, CPA, P.C. on a foundation of excellence.”

Leadership

  • LC
    Levi Chuculate
    Managing Partner, Shareholder · Company website · source
  • RH
    Ron Hall
    Certified Public Accountant · Company website · source
  • CC
    Clay collier
    Certified Public Accountant · Company website · source
  • SC
    Sheri Carter
    Certified 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

ApprovedDrawAmountForgivenJobsLender
4/6/2020first$52K$52K8The First National Bank of Fort Smith

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.