How we got $78K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 34% 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 |
|---|---|---|
| WES HIGGINS INC this business | $273K | — |
| RED DIRT MEASUREMENT AND CONTROLS, LLC El Reno · 31 employees | $13.2M | 3.7 mi |
| COMPWELL TECHNOLOGY USA COMPANY LIMITED El Reno · 3 employees | $1.2M | 3.7 mi |
| Baker's Bucket Works El Reno | $2.0M | 4.4 mi |
| COCHIEF, LLC El Reno · 2 employees | $486K | 4.9 mi |
| GUSTAVO CAMARILLO El Reno · 2 employees | $1.3M | 5.3 mi |
| HIGGINS BACKHOE SERVICE, INC. El Reno · 2 employees | $804K | 5.6 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $340K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $169K |
| Estimate: the two combined (geometric mean) | $273K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $41K |
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 | $78K |
| Multiple for this size and industry | 1.9× |
| Value range | $41K – $107K |
| Revenue range | $180K – $312K |
| EBITDA range | $27K – $47K |
| Industry (NAICS) | Site Preparation Contractors (238910) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 8/4/2020 | first | $5K | 1 |
About Wes Higgins Inc
Wes Higgins Inc is an excavation & site work company in El Reno, Oklahoma. Its estimated annual revenue is about $273K, with roughly $41K of EBITDA. It has about 1 employees. Its estimated business value is $78K (likely range $41K–$107K).
Common questions
- Who owns Wes Higgins Inc?
- The owner of Wes Higgins Inc 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 Wes Higgins Inc make?
- SeeBITDA estimates Wes Higgins Inc's annual revenue at about $273K (likely between $180K and $312K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wes Higgins Inc worth?
- About $78K, roughly 1.9× its estimated EBITDA of $41K, typical for a excavation & site work company its size. Likely range: $41K–$107K.
- How many employees does Wes Higgins Inc have?
- About 1, as reported on its PPP loan.