Whites Roustabout Service Inc.
How we got $1.1M
Based on its 7 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 13% since 2021Today'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 |
|---|---|---|
| WHITES ROUSTABOUT SERVICE INC. this business | $2.8M | — |
| BAILEY'S WELDING & MACHINE, LLC Chickasha · 6 employees | $2.0M | 8.1 mi |
| Anytime Propane Chickasha | $1.7M | 11.8 mi |
| Flogistix Chickasha | $1.7M | 13.3 mi |
| MCKINNEY WELDING, INC. Ninnekah · 1 employees | $409K | 13.4 mi |
| CRAIG'S OKLAHOMA PRIDE, LLC Chickasha · 13 employees | $2.9M | 13.4 mi |
| HAYES WELDING, INC. Chickasha · 2 employees | $976K | 13.6 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $353K |
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 | $1.1M |
| Multiple for this size and industry | 3× |
| Value range | $557K – $1.4M |
| Revenue range | $1.9M – $3.2M |
| EBITDA range | $232K – $402K |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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
- BankingLiberty National 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 Roles are as stated there and may be out of date.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
| Liberty National Bank PPP 2021 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/19/2021 | second | $84K | 7 |
About Whites Roustabout Service Inc.
Whites Roustabout Service Inc. is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Cement, Oklahoma. Its estimated annual revenue is about $2.8M, with roughly $353K of EBITDA. It has about 7 employees. Its estimated business value is $1.1M (likely range $557K–$1.4M).
Common questions
- Who owns Whites Roustabout Service Inc.?
- The owner of Whites Roustabout Service 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 Whites Roustabout Service Inc. make?
- SeeBITDA estimates Whites Roustabout Service Inc.'s annual revenue at about $2.8M (likely between $1.9M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Whites Roustabout Service Inc. worth?
- About $1.1M, roughly 3× its estimated EBITDA of $353K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $557K–$1.4M.
- How many employees does Whites Roustabout Service Inc. have?
- About 7, as reported on its PPP loan.