Connelly Ready-Mix Concrete, LLC
How we got $3.7M
Based on its 10 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 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 33% 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 |
|---|---|---|
| CONNELLY READY-MIX CONCRETE, LLC this business | $7.7M | — |
| TOBY CONCRETE TRANSPORTATION, INC. Oklahoma City · 20 employees | $11.2M | 3.0 mi |
| CENTRAL BURIAL VAULTS, INC Oklahoma City · 48 employees | $16.1M | 5.3 mi |
| INNOVATIVE CONCRETE SOLUTIONS LLC Oklahoma City · 99 employees | $68.0M | 7.0 mi |
| METHENY CONCRETE PRODUCTS INC. Oklahoma City · 60 employees | $47.2M | 7.0 mi |
| GODDARD'S READY MIX CONCRETE CO., INC. Oklahoma City · 18 employees | $4.2M | 7.5 mi |
| METRO READY-MIX, INC. Mustang · 5 employees | $3.7M | 11.1 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.3M |
| Estimate: the two combined (geometric mean) | $7.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $972K |
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 | $3.7M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.9M – $5.1M |
| Revenue range | $5.1M – $8.8M |
| EBITDA range | $639K – $1.1M |
| Industry (NAICS) | Cement Manufacturing (327310) |
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
History & advisors
Advisors
- BankingSimmons 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
| Simmons Bank PPP 2020 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $110K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Connelly Ready-Mix Concrete, LLC
Connelly Ready-Mix Concrete, LLC is a cement manufacturing company in Oklahoma City, Oklahoma, in business since 2009. Its estimated annual revenue is about $7.7M, with roughly $972K of EBITDA. It has about 10 employees. Its estimated business value is $3.7M (likely range $1.9M–$5.1M).
Common questions
- Who owns Connelly Ready-Mix Concrete, LLC?
- The owner of Connelly Ready-Mix Concrete, 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 Connelly Ready-Mix Concrete, LLC make?
- SeeBITDA estimates Connelly Ready-Mix Concrete, LLC's annual revenue at about $7.7M (likely between $5.1M and $8.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Connelly Ready-Mix Concrete, LLC worth?
- About $3.7M, roughly 3.8× its estimated EBITDA of $972K, typical for a cement manufacturing company its size. Likely range: $1.9M–$5.1M.
- How many employees does Connelly Ready-Mix Concrete, LLC have?
- About 10, as reported on its PPP loan.
- When was Connelly Ready-Mix Concrete, LLC founded?
- Connelly Ready-Mix Concrete, LLC has been in business since 2009.