A-1 Freeman Moving and Storage
How we got $46.5M
Based on its 350 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 52 years (since 1974)
From public records and the company's website, not a statement that it's for sale.
What they do
A-1 Freeman Moving Group is a moving, storage and logistics company in the Oklahoma City area that says it serves individuals, governments, militaries, and many of the world's top businesses, with services for people nationwide.
From the company's website. Industry: Moving companies.
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.
Employees over time
▼ 52% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 350 | $40.5M |
| 2020 | Form 5500 | 218 | $25.2M |
| 2021 | Form 5500 | 175 | $20.3M |
| 2022 | Form 5500 | 182 | $21.1M |
| 2023 | Form 5500 | 192 | $22.2M |
| 2024 | Form 5500 | 206 | $23.9M |
| 2025 | Form 5500 | 169 | $19.6M |
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 |
|---|---|---|
| A-1 FREEMAN MOVING AND STORAGE this business | $89.3M | — |
| FUELD UP, LLC Oklahoma City · 4 employees | $1.6M | 1.2 mi |
| FARRIS TRUCKING INC Edmond · 1 employees | $464K | 1.9 mi |
| TEA TRUCKING COMPANY, INC. Edmond · 8 employees | $3.3M | 2.2 mi |
| TWO BARRELS TRUCKING LLC Oklahoma City · 1 employees | $955K | 2.2 mi |
| CONTINENTAL DRIVE AWAY, INC. Oklahoma City · 16 employees | $6.0M | 2.7 mi |
| CFM INDUSTRIES, LLC Edmond · 2 employees | $1.9M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 350 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $82.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $74.6M |
| Estimate: the two combined (geometric mean) | $89.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $8.5M |
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 | $46.5M |
| Multiple for this size and industry | 5.5× |
| Value range | $24.5M – $63.6M |
| Revenue range | $58.7M – $101.8M |
| EBITDA range | $5.6M – $9.6M |
| Industry (NAICS) | Used household and office goods moving (484210) |
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
“Since 1974, A-1 Freeman Moving Group has become a Single Source Solution for the moving, relocation, logistics, warehousing, and transportation needs of thousands of individuals, governments, militaries, and many of the world's top businesses.”
Leadership
- JFJames FreemanSigned for the company · 2024 retirement-plan filing (Form 5500)
Advisors
- AccountingHspg & Associates, PCAudits its 401(k) plan (2025 filing)
- BankingMidFirst 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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $2.9M | 350 |
| 1/29/2021 | second | $2.0M | 286 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About A-1 Freeman Moving and Storage
A-1 Freeman Moving and Storage is a moving companies company in Okc, Oklahoma, in business since 1974. Its estimated annual revenue is about $89.3M, with roughly $8.5M of EBITDA. It has about 169 employees. Its estimated business value is $46.5M (likely range $24.5M–$63.6M).
Common questions
- Who owns A-1 Freeman Moving and Storage?
- The owner of A-1 Freeman Moving and Storage 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 A-1 Freeman Moving and Storage make?
- SeeBITDA estimates A-1 Freeman Moving and Storage's annual revenue at about $89.3M (likely between $58.7M and $101.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is A-1 Freeman Moving and Storage worth?
- About $46.5M, roughly 5.5× its estimated EBITDA of $8.5M, typical for a moving companies company its size. Likely range: $24.5M–$63.6M.
- How many employees does A-1 Freeman Moving and Storage have?
- About 169, from its 2025 retirement-plan filing.
- When was A-1 Freeman Moving and Storage founded?
- A-1 Freeman Moving and Storage has been in business since 1974.