Gibbs Armstrong Borochoff Mullican & Hart, PC
How we got $716K
Based on 7 employees on its 2024 401(k) filing.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 50% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▼ 38% 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.
Employees over time
▼ 50% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 14 | $3.9M |
| 2021 | Form 5500 | 10 | $2.8M |
| 2022 | Form 5500 | 8 | $2.2M |
| 2023 | Form 5500 | 8 | $2.2M |
| 2024 | Form 5500 | 7 | $1.9M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GIBBS ARMSTRONG BOROCHOFF MULLICAN & HART, PC this business | $1.7M | — |
| THE ALEXANDER LAW FIRM, PLLC Tulsa · 2 employees | $1.0M | 0.4 mi |
| WILLIAM T. MCKEE, PLLC Tulsa · 2 employees | $707K | 0.4 mi |
| Mabee Legal Information Center Tulsa | $942K | 0.6 mi |
| The University of Tulsa College of Law Tulsa | $942K | 0.6 mi |
| TOWNSEND, PLLC Tulsa · 1 employees | $502K | 0.7 mi |
| SQUARE MILE TITLE SERVICES LLC Tulsa · 1 employees | $252K | 0.7 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $716K |
| Multiple for this size and industry | 2.3× |
| Value range | $374K – $1.1M |
| Employees in its retirement plan (2024 Form 5500) | 7 |
| Industry revenue per employee | $278K |
| Revenue = employees × revenue per employee | $1.7M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $311K |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $1.1M – $2.1M |
| EBITDA range | $203K – $381K |
| Industry (NAICS) | Offices of Lawyers (541110) |
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. These are statistical estimates, not reported financials. Listing details come from the company's Form 5500 retirement-plan filing. Full methodology
About Gibbs Armstrong Borochoff Mullican & Hart, PC
Gibbs Armstrong Borochoff Mullican & Hart, PC is a law firms company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $311K of EBITDA. It has about 7 employees. Its estimated business value is $716K (likely range $374K–$1.1M).
Common questions
- Who owns Gibbs Armstrong Borochoff Mullican & Hart, PC?
- The owner of Gibbs Armstrong Borochoff Mullican & Hart, PC 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 Gibbs Armstrong Borochoff Mullican & Hart, PC make?
- SeeBITDA estimates Gibbs Armstrong Borochoff Mullican & Hart, PC's annual revenue at about $1.7M (likely between $1.1M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gibbs Armstrong Borochoff Mullican & Hart, PC worth?
- About $716K, roughly 2.3× its estimated EBITDA of $311K, typical for a law firms company its size. Likely range: $374K–$1.1M.
- How many employees does Gibbs Armstrong Borochoff Mullican & Hart, PC have?
- About 7, from its 2024 retirement-plan filing.