Foreman Brothers Underground
How we got $1.4M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Foreman Brothers is a family-owned, locally operated septic and aerobic wastewater business serving Northeast Oklahoma for over 20 years, offering septic services along with backhoe, plumbing, and other related work.
From the company's website. Industry: Septic Tank and Related Services.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Foreman Brothers Underground this business | $2.7M | — |
| ROS Septic Tank Service Tulsa | $2.7M | 0.7 mi |
| Snyder Environmental Tulsa | $2.6M | 1.4 mi |
| ACCENT RESTORATION, L.L.C. Tulsa · 10 employees | $3.4M | 2.1 mi |
| Bio-One Broken Arrow | $958K | 3.1 mi |
| LOT MAINTENANCE OF OKLAHOMA INC Broken Arrow · 64 employees | $20.4M | 3.3 mi |
| MOHAWK DRILLING, INC. Tulsa · 5 employees | $1.6M | 3.7 mi |
The full calculation
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 | $1.4M |
| Multiple for this size and industry | 3.2× |
| Value range | $364K – $2.6M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Septic Tank and Related Services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (16%). Treat these as a rough guide.
| Revenue range | $883K – $4.2M |
| EBITDA range | $142K – $681K |
| Industry (NAICS) | Septic Tank and Related Services (562991) |
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 Overture Maps open data. Full methodology
History & advisors
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 Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Foreman Brothers Underground
Foreman Brothers Underground is a family-owned septic tank and related services company in Tulsa, Oklahoma, in business since 2011. Its estimated annual revenue is about $2.7M, with roughly $426K of EBITDA. Its estimated business value is $1.4M (likely range $364K–$2.6M).
Common questions
- Who owns Foreman Brothers Underground?
- The owner of Foreman Brothers Underground 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 Foreman Brothers Underground make?
- SeeBITDA estimates Foreman Brothers Underground's annual revenue at about $2.7M (likely between $883K and $4.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Foreman Brothers Underground worth?
- About $1.4M, roughly 3.2× its estimated EBITDA of $426K, typical for a septic tank and related services company its size. Likely range: $364K–$2.6M.
- When was Foreman Brothers Underground founded?
- Foreman Brothers Underground has been in business since 2011.