Ashton Gray Ofs, LLC
How we got $80.5M
Based on its 126 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Ashton Gray is a medically-anchored developer and investment manager that merges retail convenience with medical necessity, developing medical retail and healthcare real estate and managing private investment vehicles for accredited investors.
From the company's website. Industry: Oil & gas.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SANTIAGO-BRENNAN'S MCDONALD'S INC. · Edmond, 2 mi · $74.6M
- OZARK PIZZA COMPANY, LLC · Oklahoma City, 6 mi · $67.7M
- CB RESTAURANTS, INC. · Oklahoma City, 4 mi · $53.9M
- WICHITA SDI, LLC · Prague, 46 mi · $46.7M
- MAGNUM FOODS, INC. · Oklahoma City, 4 mi · $43.0M
Estimated value over time
▲ 9% 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 |
|---|---|---|
| ASHTON GRAY OFS, LLC this business | $59.1M | — |
| ASHTON GRAY TCP SERVICES, LLC Oklahoma City · 1 employees | $825K | 0.0 mi |
| WAKE ENERGY, LLC Oklahoma City · 2 employees | $837K | 0.8 mi |
| BLACK SWAN EMPLOYERCO, LLC Edmond | $8.1M | 1.2 mi |
| TDS INC. Oklahoma City · 3 employees | $2.7M | 1.2 mi |
| STRETFORD ENERGY, LLC Oklahoma City · 1 employees | $581K | 1.2 mi |
| BLUE CEDAR ENERGY LLC Edmond | $5.1M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 126 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $69.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $38.5M |
| Estimate: the two combined (geometric mean) | $59.1M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $13.4M |
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 | $80.5M |
| Multiple for this size and industry | 6× |
| Value range | $42.4M – $110.2M |
| Revenue range | $38.9M – $67.3M |
| EBITDA range | $8.8M – $15.3M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $1.0M | 126 |
| 4/13/2020 | first | $203K | 30 |
| 1/28/2021 | second | $304K | 20 |
| 1/30/2021 | second | $962K | 126 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ashton Gray Ofs, LLC
Ashton Gray Ofs, LLC is an oil & gas company in Oklahoma City, Oklahoma, in business since 2012. It is owned by Denver Green (Founder). Its estimated annual revenue is about $59.1M, with roughly $13.4M of EBITDA. It has about 126 employees. Its estimated business value is $80.5M (likely range $42.4M–$110.2M).
Common questions
- Who owns Ashton Gray Ofs, LLC?
- Ashton Gray Ofs, LLC is owned by Denver Green (Founder), according to public sources such as the company's website or filings.
- How much revenue does Ashton Gray Ofs, LLC make?
- SeeBITDA estimates Ashton Gray Ofs, LLC's annual revenue at about $59.1M (likely between $38.9M and $67.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ashton Gray Ofs, LLC worth?
- About $80.5M, roughly 6× its estimated EBITDA of $13.4M, typical for a oil & gas company its size. Likely range: $42.4M–$110.2M.
- How many employees does Ashton Gray Ofs, LLC have?
- About 126, as reported on its PPP loan.
- When was Ashton Gray Ofs, LLC founded?
- Ashton Gray Ofs, LLC has been in business since 2012.