Capital Distributing, LLC
How we got $18.5M
Based on its 220 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 31 years (since 1995)
- Headcount down 81% since 2023 (retirement plan filings)
- Acquired by Glazer's Beer & Beverage (2024)
From public records and the company's website, not a statement that it's for sale.
What they do
Capital Beer & Beverage (formerly Capital Distributing) is a distributor of beer, wine, spirits and non-alcoholic beverages serving retail accounts in the central and western counties of Oklahoma.
From the company's website. Industry: Beer and ale merchant wholesalers.
Ownership & transactions
- Acquired by Glazer's Beer & Beverage · Dec 2024Capital Distributing, an Oklahoma City beverage distributor, was acquired by Glazer's Beer & Beverage in December 2024.Source
Customers & suppliers
Suppliers & brands
- Glazer's Beer & Beverage · brand it sells or installs
- Yuengling · brand it sells or installs
- Fireball · brand it sells or installs
- Modelo Especial · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Braum’s · Oklahoma City, 3 mi · $175.4M
- SANTIAGO-BRENNAN'S MCDONALD'S INC. · Edmond, 11 mi · $51.9M
- OZARK PIZZA COMPANY, LLC · Oklahoma City, 9 mi · $47.2M
- CB RESTAURANTS, INC. · Oklahoma City, 10 mi · $36.6M
- MOORE SONIC MANAGEMENT, INC · Pauls Valley, 54 mi · $34.6M
- CREST DISCOUNT FOODS, INC. · Edmond, 11 mi · $295.9M
- HAC, INC · Oklahoma City, 5 mi · $165.6M
- SUPER C MART INC. · Noble, 25 mi · $52.4M
- Clements Foods Co · Oklahoma City, 6 mi · $40.4M
- COVELL LLC · Edmond, 15 mi · $40.3M
Estimated value over time
▼ 13% 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.
Employees over time
▼ 76% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 220 | $115.8M |
| 2020 | Form 5500 | 154 | $81.1M |
| 2021 | Form 5500 | 151 | $79.5M |
| 2022 | Form 5500 | 217 | $114.3M |
| 2023 | Form 5500 | 270 | $142.2M |
| 2024 | Form 5500 | 52 | $27.4M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| CAPITAL DISTRIBUTING, LLC this business | $96.9M | — |
| PUTNAM WINES, LTD. Oklahoma City · 3 employees | $2.7M | 1.6 mi |
| NATHAN WILSON Oklahoma City · 1 employees | $1.4M | 4.2 mi |
| RAZORBACK PARTNERS, INC. Oklahoma City · 18 employees | $14.4M | 6.7 mi |
| ROCK N ROLL IMPORTS Oklahoma City · 12 employees | $9.5M | 10.0 mi |
| ELITE WINES & SPIRITS, LLC Edmond · 1 employees | $928K | 11.7 mi |
| RWC SPIRITS LLC Norman · 201 employees | $311.4M | 19.9 mi |
The full calculation
| Employees reported to the SBA | 220 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $93.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $100.8M |
| Estimate: the two combined (geometric mean) | $96.9M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $3.6M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 30% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $18.5M |
| Multiple for this size and industry | 5.2× |
| Value range | $11.1M – $28.9M |
| Revenue range | $72.7M – $126.0M |
| EBITDA range | $2.7M – $4.6M |
| Industry (NAICS) | Beer and ale merchant wholesalers (424810) |
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
“The journey began in 1995 with the founding of City Beverage in Oklahoma City, where the company built its reputation as the exclusive Miller distributor by prioritizing customer service and operational excellence.”
Leadership
- GGGordon GreenVP of Oklahoma/General Manager · Company website · source
- TRTodd RobichauxSales Director · Company website · source
- CDChristopher DeanOperations Director · Company website · source
- TTTristan TorresDirector of Marketing · Company website · source
- CMCasey MooneySales & Ops Special Projects · Company website · source
Advisors
- AccountingRsm Us LLPAudits its 401(k) plan (2024 filing)
- 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 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $2.5M | 220 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Capital Distributing, LLC
Capital Distributing, LLC is a beer and ale merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1995. Its estimated annual revenue is about $96.9M, with roughly $3.6M of EBITDA. It has about 52 employees. Its estimated business value is $18.5M (likely range $11.1M–$28.9M).
Common questions
- Who owns Capital Distributing, LLC?
- The owner of Capital Distributing, LLC 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 Capital Distributing, LLC make?
- SeeBITDA estimates Capital Distributing, LLC's annual revenue at about $96.9M (likely between $72.7M and $126.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Capital Distributing, LLC worth?
- About $18.5M, roughly 5.2× its estimated EBITDA of $3.6M, typical for a beer and ale merchant wholesalers company its size. Likely range: $11.1M–$28.9M.
- How many employees does Capital Distributing, LLC have?
- About 52, from its 2024 retirement-plan filing.
- When was Capital Distributing, LLC founded?
- Capital Distributing, LLC has been in business since 1995.