SeeBITDAOklahoma

Baray Enterprises, Inc

Concrete pipe manufacturing
Estimated valueMedium confidence
$13.7M
$7.2Mlikely range$18.8M
About 5.5× its yearly profit, typical for a company this size in its industry.
Revenue
$21.3M
a year
Profit (EBITDA)
$2.5M
12% of revenue
Employees
41
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
  • Brian Carter
    Signs company filings · Form 5500 (2025)

How we got $13.7M

Based on its 41 employees and its payroll, both reported for PPP in 2020 and brought up to date.

41 employees × $465K each$19.1M
PPP payroll ÷ payroll's usual share of revenue$18.3M
Shown toward the top of its range×1.14
Revenue$21.3M
× 12% profit margin$2.5M
× 5.5 sale multiple = value$13.7M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
No website found
Owner not found

Estimated value over time

▲ 33% since 2020
$0$12.3M$24.5M202020222023202420252026

Today'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

▲ 66% since 2020
050100202020222023202420254168
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan41$13.8M$1.6M
2022Form 550034$11.4M$1.3M
2023Form 550041$13.8M$1.6M
2024Form 550064$21.5M$2.5M
2025Form 550068$22.8M$2.7M

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

BusinessEst. revenueEst. profitDistance
BARAY ENTERPRISES, INC
this business
$21.3M$2.5M—
Holcim US
Edmond
$1.8M$380K10.8 mi
Dolese Yukon Batch and Stone
Yukon
$2.2M$257K11.2 mi
CENTRAL BURIAL VAULTS, INC
Oklahoma City · 48 employees
$16.1M$2.0M11.5 mi
Quikrete Cos. Inc. The
Oklahoma City
$3.0M$403K11.7 mi
Okc. Quikrete Companies, Inc.
Oklahoma City
$3.0M$403K11.7 mi
MIDWEST CAST STONE INC.
Oklahoma City · 10 employees
$3.4M$540K12.2 mi

The full calculation

Employees reported to the SBA41
Revenue from headcount (employees × revenue per employee for companies this size)$19.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$18.3M
Estimate: the two combined (geometric mean)$21.3M
EBITDA margin (industry, adjusted for size)12%
EBITDA = revenue × margin$2.5M

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$13.7M
Multiple for this size and industry5.5×
Value range$7.2M – $18.8M
Revenue range$14.0M – $24.3M
EBITDA range$1.6M – $2.8M
Industry (NAICS)Concrete pipe manufacturing (327332)

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Advisors

  • BankingKirkpatrick 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

Kirkpatrick Bank
PPP 2020
All 258 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/6/2020first$390K$392K41Kirkpatrick Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Baray Enterprises, Inc

Baray Enterprises, Inc is a concrete pipe manufacturing company in Piedmont, Oklahoma. Its estimated annual revenue is about $21.3M, with roughly $2.5M of EBITDA. It has about 68 employees. Its estimated business value is $13.7M (likely range $7.2M–$18.8M).

Common questions

Who owns Baray Enterprises, Inc?
The owner of Baray Enterprises, Inc 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 Baray Enterprises, Inc make?
SeeBITDA estimates Baray Enterprises, Inc's annual revenue at about $21.3M (likely between $14.0M and $24.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Baray Enterprises, Inc worth?
About $13.7M, roughly 5.5× its estimated EBITDA of $2.5M, typical for a concrete pipe manufacturing company its size. Likely range: $7.2M–$18.8M.
How many employees does Baray Enterprises, Inc have?
About 68, from its 2025 retirement-plan filing.