Workspace Solutions LLC
How we got $35.6M
Based on its 90 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Customers & suppliers
Customers
- Federal Aviation Administration · federal contracts $2.7M
Estimated value over time
▲ 22% 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 |
|---|---|---|
| WORKSPACE SOLUTIONS LLC this business | $95.7M | — |
| COMMERCIAL FURNITURE REFINISHERS, LLC. Oklahoma City · 7 employees | $6.5M | 0.0 mi |
| WILSHIRE CABINET & COMPANY, LLC Oklahoma City · 7 employees | $5.8M | 3.5 mi |
| FOCUS OFFICE FURNITURE, LLC Oklahoma City · 5 employees | $3.8M | 5.2 mi |
| DUNCAN TICKING, INC. Oklahoma City · 11 employees | $10.0M | 5.5 mi |
| TAYLOR ASTRIN DESIGN GROUP LLC Edmond · 8 employees | $9.9M | 5.8 mi |
| JUDE N' JODY FURNITURE Oklahoma City · 4 employees | $4.1M | 8.2 mi |
The full calculation
| Employees reported to the SBA | 90 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $91.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $77.3M |
| Estimate: the two combined (geometric mean) | $95.7M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $5.7M |
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 | $35.6M |
| Multiple for this size and industry | 6.2× |
| Value range | $18.7M – $48.7M |
| Revenue range | $62.9M – $109.1M |
| EBITDA range | $3.8M – $6.5M |
| Industry (NAICS) | Furniture Merchant Wholesalers (423210) |
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. 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
- BankingBOKF, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $1.0M | 73 |
| 2/9/2021 | second | $973K | 90 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Workspace Solutions LLC
Workspace Solutions LLC is a furniture merchant wholesalers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $95.7M, with roughly $5.7M of EBITDA. It has about 90 employees. Its estimated business value is $35.6M (likely range $18.7M–$48.7M).
Common questions
- Who owns Workspace Solutions LLC?
- The owner of Workspace Solutions LLC 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 Workspace Solutions LLC make?
- SeeBITDA estimates Workspace Solutions LLC's annual revenue at about $95.7M (likely between $62.9M and $109.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Workspace Solutions LLC worth?
- About $35.6M, roughly 6.2× its estimated EBITDA of $5.7M, typical for a furniture merchant wholesalers company its size. Likely range: $18.7M–$48.7M.
- How many employees does Workspace Solutions LLC have?
- About 90, as reported on its PPP loan.