Armstrong Transfer & Storage Co, Inc. / Armstrong Relocation
How we got $2.2M
Based on its 26 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 69 years (since 1957)
From public records and the company's website, not a statement that it's for sale.
What they do
Armstrong Transfer & Storage / The Armstrong Company is a moving, storage and logistics company offering residential, commercial and supply chain services to families and businesses. It serves Tulsa and nearby communities and states it operates a nationwide network.
From the company's website. Industry: Moving companies.
Customers & suppliers
Suppliers & brands
- United Van Lines · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Laredo Petroleum · Tulsa, 11 mi · $1.95B
- Aaon, Inc. · Tulsa, 11 mi · $1.44B
- JCL SAFETY SERVICES, LLC · Tulsa, 1 mi · $1.02B
- XCALIBER INTERNATIONAL, LTD · Pryor, 36 mi · $615.4M
- KELVION INC. · Catoosa, 10 mi · $614.3M
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 TRANSFER & STORAGE CO, INC. / ARMSTRONG RELOCATION this business | $5.2M | — |
| T.F. MANAGEMENT Broken Arrow · 15 employees | $2.8M | 0.1 mi |
| ANYTIME MOVING LLC Broken Arrow · 6 employees | $869K | 0.6 mi |
| ACCENT MOVING & STORAGE INC Broken Arrow · 25 employees | $4.8M | 1.5 mi |
| MOVE HELP, INC. Broken Arrow · 10 employees | $1.8M | 2.0 mi |
| FT TRUCKING LLC Tulsa · 2 employees | $917K | 2.6 mi |
| STARR SHIP TRUCKING INC. Broken Arrow · 2 employees | $917K | 2.9 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.1M |
| Estimate: the two combined (geometric mean) | $5.2M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $690K |
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 | $2.2M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.2M – $3.0M |
| Revenue range | $3.4M – $6.0M |
| EBITDA range | $454K – $786K |
| 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
History & 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 | $253K | 26 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Armstrong Transfer & Storage Co, Inc. / Armstrong Relocation
Armstrong Transfer & Storage Co, Inc. / Armstrong Relocation is a moving companies company in Broken Arrow, Oklahoma, in business since 1957. Its estimated annual revenue is about $5.2M, with roughly $690K of EBITDA. It has about 26 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M).
Common questions
- Who owns Armstrong Transfer & Storage Co, Inc. / Armstrong Relocation?
- The owner of Armstrong Transfer & Storage Co, Inc. / Armstrong Relocation 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 Transfer & Storage Co, Inc. / Armstrong Relocation make?
- SeeBITDA estimates Armstrong Transfer & Storage Co, Inc. / Armstrong Relocation's annual revenue at about $5.2M (likely between $3.4M and $6.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Armstrong Transfer & Storage Co, Inc. / Armstrong Relocation worth?
- About $2.2M, roughly 3.2× its estimated EBITDA of $690K, typical for a moving companies company its size. Likely range: $1.2M–$3.0M.
- How many employees does Armstrong Transfer & Storage Co, Inc. / Armstrong Relocation have?
- About 26, as reported on its PPP loan.
- When was Armstrong Transfer & Storage Co, Inc. / Armstrong Relocation founded?
- Armstrong Transfer & Storage Co, Inc. / Armstrong Relocation has been in business since 1957.