Armada Distributing Lllp
How we got $11.1M
Based on its 41 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 68% since 2021Today'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 |
|---|---|---|
| ARMADA DISTRIBUTING LLLP this business | $58.1M | — |
| HANDCRAFTED OKLAHOMA, LLC Tulsa · 20 employees | $18.5M | 0.5 mi |
| R TURNER CONSULTING LLC Tulsa · 1 employees | $995K | 3.7 mi |
| PROVISIONS FINE BEVERAGE PURVEYORS, LLC Tulsa · 2 employees | $1.5M | 4.9 mi |
| PROVISIONS FINE BEVERAGE WHOLESALER, LP Tulsa · 11 employees | $9.0M | 4.9 mi |
| A & B DISTRIBUTORS OF MUSKOGEE, INC. Muskogee · 66 employees | $59.6M | 41.3 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $38.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $67.6M |
| Estimate: the two combined (geometric mean) | $58.1M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $2.1M |
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 | $11.1M |
| Multiple for this size and industry | 5.2× |
| Value range | $5.8M – $15.2M |
| Revenue range | $38.2M – $66.3M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | Wine and distilled alcoholic beverage merchant wholesalers (424820) |
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
Advisors
- BankingCrossFirst 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 Roles are as stated there and may be out of date.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
| CrossFirst Bank PPP 2021 | All 299 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/25/2021 | second | $1.0M | 41 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Armada Distributing Lllp
Armada Distributing Lllp is a wine and distilled alcoholic beverage merchant wholesalers company in Tulsa, Oklahoma, in business since 2020. It is owned by Richard Todd Gayer. Its estimated annual revenue is about $58.1M, with roughly $2.1M of EBITDA. It has about 41 employees. Its estimated business value is $11.1M (likely range $5.8M–$15.2M).
Common questions
- Who owns Armada Distributing Lllp?
- Armada Distributing Lllp is owned by Richard Todd Gayer, according to public sources such as the company's website or filings.
- How much revenue does Armada Distributing Lllp make?
- SeeBITDA estimates Armada Distributing Lllp's annual revenue at about $58.1M (likely between $38.2M and $66.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Armada Distributing Lllp worth?
- About $11.1M, roughly 5.2× its estimated EBITDA of $2.1M, typical for a wine and distilled alcoholic beverage merchant wholesalers company its size. Likely range: $5.8M–$15.2M.
- How many employees does Armada Distributing Lllp have?
- About 41, as reported on its PPP loan.
- When was Armada Distributing Lllp founded?
- Armada Distributing Lllp has been in business since 2020.