Circle a Propane, LLC
How we got $174K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Circle A Propane is a locally owned and operated propane supplier in Roff, Oklahoma, serving home, commercial and cylinder customers.
From the company's website. Industry: Fuel Dealers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- H.C. EMPLOYEES LLC · Moore, 61 mi · $196.4M
- IDEAL HOMES OF NORMAN, LP · Norman, 54 mi · $163.9M
- RSM DEVELOPMENT, INC. · Oklahoma City, 67 mi · $122.0M
- ROSETE CONSTRUCTION LLC · Yukon, 77 mi · $110.9M
- BELFAIR OF MCALESTER LLC · Mcalester, 64 mi · $95.3M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CIRCLE A PROPANE, LLC this business | $1.4M | — |
| Pitmon Oil & Gas Sulphur | $5.0M | 12.0 mi |
| Pitmon Oil & Gas Stratford | $5.2M | 13.8 mi |
| Pitmon Oil & Gas Wynnewood | $5.2M | 17.2 mi |
| Blue Rhino Propane Exchange Wynnewood | $9.6M | 17.6 mi |
| Sinclair Gas Davis | $5.2M | 20.4 mi |
| Blue Rhino Propane Exchange Wayne | $9.6M | 33.0 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $925K |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $87K |
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 | $174K |
| Multiple for this size and industry | 2× |
| Value range | $92K – $238K |
| Revenue range | $900K – $1.6M |
| EBITDA range | $57K – $99K |
| Industry (NAICS) | Fuel Dealers (457210) |
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
History & advisors
Advisors
- BankingOklahoma Heritage 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
| Oklahoma Heritage Bank PPP 2020 | All 44 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $14K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Circle a Propane, LLC
Circle a Propane, LLC is a fuel dealers company in Roff, Oklahoma, in business since 2008. Its estimated annual revenue is about $1.4M, with roughly $87K of EBITDA. It has about 3 employees. Its estimated business value is $174K (likely range $92K–$238K).
Common questions
- Who owns Circle a Propane, LLC?
- The owner of Circle a Propane, 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 Circle a Propane, LLC make?
- SeeBITDA estimates Circle a Propane, LLC's annual revenue at about $1.4M (likely between $900K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Circle a Propane, LLC worth?
- About $174K, roughly 2× its estimated EBITDA of $87K, typical for a fuel dealers company its size. Likely range: $92K–$238K.
- How many employees does Circle a Propane, LLC have?
- About 3, as reported on its PPP loan.
- When was Circle a Propane, LLC founded?
- Circle a Propane, LLC has been in business since 2008.