Blackbeard Marine, Inc.
How we got $5.1M
Based on its 36 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 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Blackbeard Marine sells new and pre-owned boats and provides service, parts, financing and storage at stores in Kingston (Lake Texoma), Branson West (Table Rock Lake) and Tulsa, serving boaters on those lakes.
From the company's website. Industry: Car dealers.
Customers & suppliers
Suppliers & brands
- Yamaha · brand it sells or installs
- Mercury · brand it sells or installs
- Suzuki · brand it sells or installs
- G3 · brand it sells or installs
- Tigé · brand it sells or installs
- ATX · brand it sells or installs
- Alera · brand it sells or installs
- SunCatcher · brand it sells or installs
- Skeeter · brand it sells or installs
- Blazer Bay · brand it sells or installs
- SeaArk · brand it sells or installs
- Crownline · brand it sells or installs
- Garmin · brand it sells or installs
- Lowrance · brand it sells or installs
- Humminbird · brand it sells or installs
Estimated value over time
▲ 36% 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 |
|---|---|---|
| BLACKBEARD MARINE, INC. this business | $34.8M | — |
| TYCOON MOTORSPORTS LLC Kingston · 16 employees | $19.5M | 9.3 mi |
| SS CUSTOM BOATS & FABRICATION LLC Ardmore · 2 employees | $2.0M | 21.3 mi |
| SOUTHERN MOTORCYCLE WORKS, INC Ardmore · 4 employees | $3.5M | 22.1 mi |
| AFFORDABLE SERVICE INC Ardmore · 4 employees | $2.6M | 22.9 mi |
| BOAT DOCK PRO SHOP, LLC Ardmore · 7 employees | $3.2M | 23.1 mi |
| OUTDOOR POWERSPORTS OKLAHOMA, LLC Ardmore · 20 employees | $15.1M | 26.6 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $33.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $27.5M |
| Estimate: the two combined (geometric mean) | $34.8M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.7M – $7.0M |
| Revenue range | $22.9M – $39.7M |
| EBITDA range | $937K – $1.6M |
| Industry (NAICS) | Boat Dealers (441222) |
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
- CSClint StoffelsCaptain · Company website · source
- JKJordan KingstonAdventure Broker · Company website · source
- GMGrant MillerVessel Hunter · Company website · source
- DPDoug ParsleyPlunder Pitcher · Company website · source
- DGDale GroverMaster of Provisions · Company website · source
- JLJoel LaughlinSupply Scallywag · Company website · source
- AHAndrew HarmonThe Payment Pathfinder · Company website · source
- MCMark CookseyWrench Wieldin' Scallywag · Company website · source
- CBCorey BrownMaster of the Bilge · Company website · source
- JPJacob ParkerYamaha Master Tech · Company website · source
- CSCharlie SmithThe Wrench Buccaneer · Company website · source
- ENEric NuanceMotor Marauder · Company website · source
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $112K | 16 |
| 4/8/2020 | first | $100K | 15 |
| 4/9/2020 | first | $333K | 36 |
4 locations
| 6339 S Hwy 377 | Kingston | This listing |
| 451185 E 320 Rd | Afton | View |
| 1989 Crosstimbers Harbor Ln | Mannford | View |
| 4424 S Mingo Rd | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Blackbeard Marine, Inc.
Blackbeard Marine, Inc. is a car dealers company in Kingston, Oklahoma, in business since 2004. Its estimated annual revenue is about $34.8M, with roughly $1.4M of EBITDA. It has about 36 employees. Its estimated business value is $5.1M (likely range $2.7M–$7.0M). It has 4 locations.
Common questions
- Who owns Blackbeard Marine, Inc.?
- The owner of Blackbeard Marine, 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 Blackbeard Marine, Inc. make?
- SeeBITDA estimates Blackbeard Marine, Inc.'s annual revenue at about $34.8M (likely between $22.9M and $39.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Blackbeard Marine, Inc. worth?
- About $5.1M, roughly 3.6× its estimated EBITDA of $1.4M, typical for a car dealers company its size. Likely range: $2.7M–$7.0M.
- How many employees does Blackbeard Marine, Inc. have?
- About 36, as reported on its PPP loan.
- When was Blackbeard Marine, Inc. founded?
- Blackbeard Marine, Inc. has been in business since 2004.