Armstrong Logistics Company
How we got $496K
Based on its 6 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 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
The Armstrong Company, based in Oklahoma City, provides commercial and residential moving, supply chain, warehousing and logistics services. It serves businesses and households, including commercial facility moves and storage.
From the company's website. Industry: Moving companies.
Customers & suppliers
Suppliers & brands
- United Van Lines · brand it sells or installs
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 |
|---|---|---|
| ARMSTRONG LOGISTICS COMPANY this business | $1.6M | — |
| ARMSTRONG RELOCATION COMPANY, OKLAHOMA CITY, LLC Oklahoma City · 7 employees | $1.6M | 0.0 mi |
| STEVENS TRUCKING CO Oklahoma City · 249 employees | $69.0M | 1.2 mi |
| STEVENS STAFFING SOLUTIONS, LLC Oklahoma City · 47 employees | $34.6M | 1.5 mi |
| KOSTIUK EXPRESS LLC Oklahoma City · 1 employees | $304K | 1.8 mi |
| VN DELIVERY LLC Oklahoma City · 1 employees | $260K | 1.9 mi |
| GARY GRITZ TRUCKING INC Oklahoma City · 4 employees | $2.0M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $939K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $236K |
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 | $496K |
| Multiple for this size and industry | 2.1× |
| Value range | $261K – $679K |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $155K – $269K |
| Industry (NAICS) | Used household and office goods moving (484210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
“The Armstrong Company is a fully licensed and insured professional moving and logistics provider, serving customers nationwide since 1957.”
Advisors
- BankingFirst Horizon 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
| First Horizon Bank PPP 2020 | All 3 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $89K | 6 |
2 locations
| 4800 Westpoint Blvd. | Oklahoma City | This listing |
| 2700 SW 15th St | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Armstrong Logistics Company
Armstrong Logistics Company is a moving companies company in Oklahoma City, Oklahoma, in business since 1998. Its estimated annual revenue is about $1.6M, with roughly $236K of EBITDA. It has about 6 employees. Its estimated business value is $496K (likely range $261K–$679K). It has 2 locations.
Common questions
- Who owns Armstrong Logistics Company?
- The owner of Armstrong Logistics Company 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 Armstrong Logistics Company make?
- SeeBITDA estimates Armstrong Logistics Company's annual revenue at about $1.6M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Armstrong Logistics Company worth?
- About $496K, roughly 2.1× its estimated EBITDA of $236K, typical for a moving companies company its size. Likely range: $261K–$679K.
- How many employees does Armstrong Logistics Company have?
- About 6, as reported on its PPP loan.
- When was Armstrong Logistics Company founded?
- Armstrong Logistics Company has been in business since 1998.