Bg Products Inc
How we got $1.4M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
BG Products of Oklahoma & Texas is an exclusive distributor of BG Products lubricants, greases, chemicals and equipment, offering automotive service training and fleet programs. It serves automotive, industrial and fleet applications in Oklahoma, the Texas Panhandle, Houston and Southeast Texas.
From the company's website. Industry: Other Chemical and Allied Products Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- BG Products · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ESKRIDGE AUTO GROUP, INC. · Oklahoma City, 8 mi · $314.7M
- HUDIBURG CHEVROLET, LLC · Midwest City, 14 mi · $278.5M
- FERGUSON PONTIAC-GMC, INC. · Norman, 22 mi · $266.8M
- FOWLER OF NORMAN INC · Norman, 21 mi · $242.9M
- BADGER VALLEY INVESTMENTS, LLC · Pauls Valley, 60 mi · $223.4M
Estimated value over time
▲ 21% 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 |
|---|---|---|
| BG PRODUCTS INC this business | $10.9M | — |
| ENERGY & ENVIRONMENTAL SERVICES, INC. Oklahoma City | $42.5M | 3.8 mi |
| WINTER MUD, LLC Oklahoma Citty · 10 employees | $20.4M | 6.1 mi |
| GREAT PLAINS URETHANES DISTRIBUTING INC Oklahoma City · 2 employees | $2.1M | 6.5 mi |
| OIL CENTER RESEARCH OF OKLAHOMA, LLC Oklahoma City · 1 employees | $2.7M | 8.4 mi |
| AUTOMATIC FIRE CONTROL, INC. Oklahoma City · 7 employees | $10.5M | 11.3 mi |
| REVIVE & RESTORE WELLNESS CENTER, LLC. Moore · 1 employees | $1.4M | 18.6 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.3M |
| Estimate: the two combined (geometric mean) | $10.9M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $492K |
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 | $1.4M |
| Multiple for this size and industry | 2.9× |
| Value range | $751K – $2.0M |
| Revenue range | $7.2M – $12.5M |
| EBITDA range | $324K – $561K |
| Industry (NAICS) | Other Chemical and Allied Products Merchant Wholesalers (424690) |
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
Leadership
- CPCharlie PolstonTrainer · Company website · source
Advisors
- BankingINTRUST Bank, National AssociationPPP / 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
| INTRUST Bank, National Association PPP 2020 | All 170 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $106K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bg Products Inc
Bg Products Inc is an other chemical and allied products merchant wholesalers company in Oklahoma City, Oklahoma, in business since 2006. Its estimated annual revenue is about $10.9M, with roughly $492K of EBITDA. It has about 7 employees. Its estimated business value is $1.4M (likely range $751K–$2.0M).
Common questions
- Who owns Bg Products Inc?
- The owner of Bg Products 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 Bg Products Inc make?
- SeeBITDA estimates Bg Products Inc's annual revenue at about $10.9M (likely between $7.2M and $12.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bg Products Inc worth?
- About $1.4M, roughly 2.9× its estimated EBITDA of $492K, typical for a other chemical and allied products merchant wholesalers company its size. Likely range: $751K–$2.0M.
- How many employees does Bg Products Inc have?
- About 7, as reported on its PPP loan.
- When was Bg Products Inc founded?
- Bg Products Inc has been in business since 2006.