Bill Riddle Inc.
How we got $392K
Based on its 4 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 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Bill Riddle Cutting Horses is run by professional cutting horse trainer Bill Riddle, who offers training videos, video subscriptions, and clinics for cutting horse riders and students.
From the company's website. Industry: Support Activities for Animal Production.
Estimated value over time
▲ 42% 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 |
|---|---|---|
| BILL RIDDLE INC. this business | $1.3M | — |
| FORTY CREEK LLC Lone Grove · 2 employees | $797K | 18.2 mi |
| LLOYD COX CUTTING HORSES LLC Marietta · 6 employees | $1.9M | 24.3 mi |
| ROWDY LARSON CUTTING HORSES LLC Overbrook · 2 employees | $1.0M | 25.0 mi |
| CHOATE CATTLE COMPANY LLC Marietta · 4 employees | $1.6M | 28.0 mi |
| ROD & GUN CLUB STABLES Ardmore · 2 employees | $657K | 28.4 mi |
| OKSHS SCHOOL, LLC Ardmore · 5 employees | $1.8M | 31.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $994K |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $157K |
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 | $392K |
| Multiple for this size and industry | 2.5× |
| Value range | $206K – $536K |
| Revenue range | $868K – $1.5M |
| EBITDA range | $103K – $179K |
| Industry (NAICS) | Support Activities for Animal Production (115210) |
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
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 |
|---|---|---|---|
| 4/13/2020 | first | $17K | 3 |
| 3/15/2021 | second | $17K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bill Riddle Inc.
Bill Riddle Inc. is a support activities for animal production company in Ringling, Oklahoma, in business since 2007. Its estimated annual revenue is about $1.3M, with roughly $157K of EBITDA. It has about 4 employees. Its estimated business value is $392K (likely range $206K–$536K).
Common questions
- Who owns Bill Riddle Inc.?
- The owner of Bill Riddle 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 Bill Riddle Inc. make?
- SeeBITDA estimates Bill Riddle Inc.'s annual revenue at about $1.3M (likely between $868K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bill Riddle Inc. worth?
- About $392K, roughly 2.5× its estimated EBITDA of $157K, typical for a support activities for animal production company its size. Likely range: $206K–$536K.
- How many employees does Bill Riddle Inc. have?
- About 4, as reported on its PPP loan.
- When was Bill Riddle Inc. founded?
- Bill Riddle Inc. has been in business since 2007.