SeeBITDAOklahoma

Baskins Machined Products LLC

  • 12645 N 103RD EAST AVE, Collinsville, OK
  • Since 2012
  • NAICS 332710
Estimated valueMedium confidence
$5.8M
$3.0Mlikely range$7.9M
About 4.7× its yearly profit, typical for a company this size in its industry.
Revenue
$10.7M
a year
Profit (EBITDA)
$1.2M
11% of revenue
Employees
27
reported in 2020
Leadership
Josh & Andrew Baskins
Owners · source
Unlikely to sell soon

How we got $5.8M

Based on its 27 employees and its payroll, both reported for PPP in 2020 and brought up to date.

27 employees × $291K each$7.8M
PPP payroll ÷ payroll's usual share of revenue$11.2M
Shown toward the top of its range×1.14
Revenue$10.7M
× 11% profit margin$1.2M
× 4.7 sale multiple = value$5.8M

· Own this business? Correct these figures

Estimated value over time

▲ 40% since 2020
$0$8.1M$16.2M202020212022202320242026

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

▲ 181% since 2020
050100202020212022202320242776
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan27$5.5M$629K
2020Form 550020$4.1M$466K
2021Form 550022$4.5M$513K
2022Form 550045$9.2M$1.0M
2023Form 550068$13.8M$1.6M
2024Form 550076$15.5M$1.8M

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.

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • Family in the business (Andrew Baskins, Co-owner and manager)

From public records and the company's website, not a statement that it's for sale.

What they do

BMP-OK (Baskins Machined Products) is a machining business in Collinsville, OK that offers machining and small sub-assembly services and states its focus on quality, on-time delivery and value for its customers.

Products & services
3-Axis Machining5-Axis MachiningAssemblyMachining Platforms
Service area
Collinsville, OK

From the company's website. Industry: Machine shops & fabrication.

Customers & suppliers

Suppliers & brands

  • Okuma · brand it sells or installs
  • DMG Mori · brand it sells or installs
  • Mori Seiki · brand it sells or installs
  • SNK · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
BASKINS MACHINED PRODUCTS LLC
this business
$10.7M$1.2M—
WOODS PRECISION PRODUCTS, INC.
Owasso · 14 employees
$4.3M$558K1.2 mi
ADVANCED MACHINING & FABRICATING INC.
Owasso · 48 employees
$15.2M$1.6M1.6 mi
ADVANCED PLASTICS, INC.
Owasso · 19 employees
$5.7M$745K1.6 mi
JOHNSON MACHINE INC
Collinsville · 20 employees
$6.1M$792K2.5 mi
STOUT MANUFACTURING LLC
Collinsville · 4 employees
$929K$147K4.0 mi
CUTTING EDGE TECHNOLOGIES, LLC
Owasso · 6 employees
$1.5M$214K4.8 mi

The full calculation

Employees reported to the SBA27
Revenue from headcount (employees × revenue per employee for companies this size)$7.8M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$11.2M
Estimate: the two combined (geometric mean)$10.7M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$1.2M

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$5.8M
Multiple for this size and industry4.7×
Value range$3.0M – $7.9M
Revenue range$7.0M – $12.2M
EBITDA range$806K – $1.4M
Industry (NAICS)Machine Shops (332710)

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

Founded 2012
“Established in 2012, Baskins Machined Products is locally owned and managed by brothers Josh & Andrew Baskins, as well, a strong team of professionals with extensive aerospace manufacturing experience.”

Advisors

  • BankingArvest 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

Arvest Bank
PPP 2020, PPP 2021
All 5,114 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$419K$422K27Arvest Bank
1/26/2021second$496K$500K23Arvest Bank

Public records

LinkedIn company page
Size as the company lists it
Employees—

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

About Baskins Machined Products LLC

Baskins Machined Products LLC is a machine shops & fabrication company in Collinsville, Oklahoma, in business since 2012. It is owned by Josh & Andrew Baskins (Owners). Its estimated annual revenue is about $10.7M, with roughly $1.2M of EBITDA. It has about 76 employees. Its estimated business value is $5.8M (likely range $3.0M–$7.9M).

Common questions

Who owns Baskins Machined Products LLC?
Baskins Machined Products LLC is owned by Josh & Andrew Baskins (Owners), according to public sources such as the company's website or filings.
How much revenue does Baskins Machined Products LLC make?
SeeBITDA estimates Baskins Machined Products LLC's annual revenue at about $10.7M (likely between $7.0M and $12.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Baskins Machined Products LLC worth?
About $5.8M, roughly 4.7× its estimated EBITDA of $1.2M, typical for a machine shops & fabrication company its size. Likely range: $3.0M–$7.9M.
How many employees does Baskins Machined Products LLC have?
About 76, from its 2024 retirement-plan filing.
When was Baskins Machined Products LLC founded?
Baskins Machined Products LLC has been in business since 2012.