SeeBITDAOklahoma

Chupps Auction Company, Inc

Other Activities Related to Real Estate
  • 8470 W. 580 Rd., Inola, OK
  • Since 1972
  • Family-owned
Estimated valueMedium confidence
$2.8M
$1.5Mlikely range$3.9M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$3.3M
a year
Profit (EBITDA)
$940K
29% of revenue
Employees
13
reported in 2020
Jonathan Miller
Part Owner · source
Some signs of a sale

How we got $2.8M

Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.

13 employees × $308K each$4.0M
PPP payroll ÷ payroll's usual share of revenue$2.0M
Shown toward the top of its range×1.14
Revenue$3.3M
× 29% profit margin$940K
× 3 sale multiple = value$2.8M

· Own this business? Correct these figures

What we know

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

Signs of a sale Some signs of a sale

  • In business 54 years (since 1972)
  • Family in the business (Tamra Miller, Works online auctions from start to finish; clerks live auct)

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

What they do

Chupp's Auction Company is an Oklahoma auction business that runs estate sales, real estate auctions, public auctions, and other estate liquidations, plus consignment sales.

Products & services
Estate salesReal estate auctionsPublic auctionsEstate liquidations
Service area
OklahomaSperrySand SpringsTahlequahBoyntonOwassoTulsaChouteau

From the company's website. Industry: Other Activities Related to Real Estate.

Estimated value over time

▼ 1% since 2020
$0$1.6M$3.3M20202026

Today'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

BusinessEst. revenueEst. profitDistance
CHUPPS AUCTION COMPANY, INC
this business
$3.3M$940K—
CHUPP REAL ESTATE & AUCTIONS, LLC
Inola · 1 employees
$391K$146K4.1 mi
GREEN COMPANIES DEVELOPMENT GROUP, INC
Inola · 70 employees
$10.8M$2.5M4.9 mi
TJT ENTERPRISES LLC
Inola · 12 employees
$3.3M$944K7.3 mi
SOUTHLAND VILLA LLC
Pryor · 2 employees
$749K$281K10.3 mi
M&M PROPERTIES, LLC
Pryor · 4 employees
$1.3M$430K11.2 mi
Earbob Trailer Park LLC
Locust Grove
$798K$299K12.0 mi

The full calculation

Employees reported to the SBA13
Revenue from headcount (employees × revenue per employee for companies this size)$4.0M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.0M
Estimate: the two combined (geometric mean)$3.3M
EBITDA margin (industry, adjusted for size)29%
EBITDA = revenue × margin$940K

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$2.8M
Multiple for this size and industry3×
Value range$1.5M – $3.9M
Revenue range$2.1M – $3.7M
EBITDA range$619K – $1.1M
Industry (NAICS)Other Activities Related to Real Estate (531390)

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

Founded 1972Family-owned
“The late, EJ Chupp our father and our Mom, Ida started our auction company back in 1972.”

Leadership

  • DC
    Dale Chupp
    Auctioneer & Realtor · Company website · source
  • MC
    Maria Chupp
    Office Manager & Realtor · Company website · source
  • TC
    Tyler Chupp
    Helps prepare for online auctions and pickup days · Company website · source
  • SC
    Stanley Chupp
    Auctioneer · Company website · source
  • CC
    Cindy Chupp
    Website Technician & Auction Secretary · Company website · source
  • TM
    Tamra Miller
    Works online auctions from start to finish; clerks live auct · Company website · source

Advisors

  • BankingWelch State Bank of Welch, Okla.PPP / 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

Welch State Bank of Welch, Okla.
PPP 2020, PPP 2021
All 108 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$110K$111K13Welch State Bank of Welch, Okla.
1/16/2021second$95K$95K13Welch State Bank of Welch, Okla.

Public records

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

About Chupps Auction Company, Inc

Chupps Auction Company, Inc is a family-owned other activities related to real estate company in Inola, Oklahoma, in business since 1972. It is owned by Jonathan Miller (Part Owner). Its estimated annual revenue is about $3.3M, with roughly $940K of EBITDA. It has about 13 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.9M).

Common questions

Who owns Chupps Auction Company, Inc?
Chupps Auction Company, Inc is owned by Jonathan Miller (Part Owner), according to public sources such as the company's website or filings.
How much revenue does Chupps Auction Company, Inc make?
SeeBITDA estimates Chupps Auction Company, Inc's annual revenue at about $3.3M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Chupps Auction Company, Inc worth?
About $2.8M, roughly 3× its estimated EBITDA of $940K, typical for a other activities related to real estate company its size. Likely range: $1.5M–$3.9M.
How many employees does Chupps Auction Company, Inc have?
About 13, as reported on its PPP loan.
When was Chupps Auction Company, Inc founded?
Chupps Auction Company, Inc has been in business since 1972.