SeeBITDAOklahoma

Workman Forensics, LLC

Estimated valueMedium confidence
$643K
$338Klikely range$880K
About 2.9× its yearly profit, typical for a company this size in its industry.
Revenue
$1.1M
a year
Profit (EBITDA)
$222K
20% of revenue
Employees
5
reported in 2020
Leadership
Leah Wietholter
Managing Director and Founder · source · confirmed by 2 sources
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $643K

Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.

5 employees × $182K each$912K
PPP payroll ÷ payroll's usual share of revenue$1.1M
Shown toward the top of its range×1.14
Revenue$1.1M
× 20% profit margin$222K
× 2.9 sale multiple = value$643K

· Own this business? Correct these figures

What we know

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

Signs of a sale Unlikely to sell soon

  • In business 16 years (since 2010)
  • Family in the business (Chris Wietholter, Director of Sales)

From public records and the company's website, not a statement that it's for sale.

What they do

Workman Forensics provides investigative accounting, forensic accounting, and fraud investigation services, helping businesses and individuals find missing money and serving as expert witnesses in court.

Products & services
Investigative Accounting ServicesFind Money in Your BusinessFind Money in DivorceEthiCall HotlineData Sleuth® Tools & DownloadsData AnalysisTracing Funds & Finding AssetsQuantify LossesCase ManagementLitigation Support & Expert Witness TestimonyContinuous auditingComplex data reconciliations between systems
Markets served
Corporate FraudEmbezzlementShareholder/Partnership DisputesBank FraudCriminal DefenseMisappropriation of funds in an estate or trustMoney LaunderingBankruptcy
Service area
Tulsa, OklahomaOklahoma CitySalt Lake CityUtahfederal, state, and tribal courts
Certifications
CPACFE

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

Customers & suppliers

Possible customers nearby

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

Banks & credit unions

Estimated value over time

▲ 30% since 2020
$0$370K$739K20202026

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
WORKMAN FORENSICS, LLC
this business
$1.1M$222K—
Halcyon Inc
Tulsa
$736K$171K0.4 mi
COLLINS SIMS SERVICES LLC
Tulsa · 3 employees
$705K$164K0.4 mi
Agos Group
Tulsa
$736K$171K0.4 mi
WOODRUM, TATE & ASSOCIATES, PLLC
Tulsa · 12 employees
$3.2M$570K0.4 mi
Vertices
Tulsa
$736K$171K0.5 mi
ELITE SMALL BUSINESS SOLUTIONS P.C., INC
Tulsa · 1 employees
$271K$63K0.5 mi

The full calculation

Employees reported to the SBA5
Revenue from headcount (employees × revenue per employee for companies this size)$912K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.1M
Estimate: the two combined (geometric mean)$1.1M
EBITDA margin (industry, adjusted for size)20%
EBITDA = revenue × margin$222K

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$643K
Multiple for this size and industry2.9×
Value range$338K – $880K
Revenue range$736K – $1.3M
EBITDA range$146K – $253K
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

History & advisors

Founded 2010 by Leah Wietholter
“After leaving the FBI, she served as a senior certified fraud examiner in a Tulsa public accounting firm before leaving to open Workman Forensics in 2010.”

Advisors

  • BankingSecurity 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

Security Bank
PPP 2020, PPP 2021
All 617 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$55K$56K5Security Bank
1/25/2021second$55K$56K5Security Bank

2 locations

822 E 6TH STTulsaThis listing
2105 E 15th St Ste BTulsaView

Revenue, profit and value are for the whole company.

Public records

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

About Workman Forensics, LLC

Workman Forensics, LLC is an accounting & tax company in Tulsa, Oklahoma, in business since 2010. It is owned by Leah Wietholter (Managing Director and Founder). Its estimated annual revenue is about $1.1M, with roughly $222K of EBITDA. It has about 5 employees. Its estimated business value is $643K (likely range $338K–$880K). It has 2 locations.

Common questions

Who owns Workman Forensics, LLC?
Workman Forensics, LLC is owned by Leah Wietholter (Managing Director and Founder), according to public sources such as the company's website or filings.
How much revenue does Workman Forensics, LLC make?
SeeBITDA estimates Workman Forensics, LLC's annual revenue at about $1.1M (likely between $736K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Workman Forensics, LLC worth?
About $643K, roughly 2.9× its estimated EBITDA of $222K, typical for a accounting & tax company its size. Likely range: $338K–$880K.
How many employees does Workman Forensics, LLC have?
About 5, as reported on its PPP loan.
When was Workman Forensics, LLC founded?
Workman Forensics, LLC has been in business since 2010.