Covell LLC
How we got $8.9M
Based on its 128 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| COVELL LLC this business | $40.3M | — |
| RR & SONS COMPANY, LLC Edmond · 2 employees | $754K | 2.3 mi |
| EL PARIAN MEXICAN RESTAURANT CORPORATION Edmond · 5 employees | $1.4M | 2.5 mi |
| AVILA CORP Edmond · 3 employees | $1.7M | 3.1 mi |
| GASMAX Edmond · 2 employees | $926K | 3.2 mi |
| GAS MAX LLC Edmond · 4 employees | $1.9M | 3.2 mi |
| MARKS SHORT STOP INC. Edmond · 7 employees | $2.0M | 4.4 mi |
The full calculation
| Employees reported to the SBA | 128 |
| 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) | $47.9M |
| Estimate: the two combined (geometric mean) | $40.3M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $2.0M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 7% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $8.9M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.3M – $13.9M |
| Revenue range | $30.2M – $52.4M |
| EBITDA range | $1.5M – $2.6M |
| Industry (NAICS) | Supermarkets and Other Grocery Retailers (except Convenience Retailers) (445110) |
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
Advisors
- 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/8/2020 | first | $835K | 128 |
About Covell LLC
Covell LLC is a supermarkets and other grocery retailers (except convenience retailers) company in Edmond, Oklahoma. Its estimated annual revenue is about $40.3M, with roughly $2.0M of EBITDA. It has about 128 employees. Its estimated business value is $8.9M (likely range $5.3M–$13.9M).
Common questions
- Who owns Covell LLC?
- The owner of Covell 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 Covell LLC make?
- SeeBITDA estimates Covell LLC's annual revenue at about $40.3M (likely between $30.2M and $52.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Covell LLC worth?
- About $8.9M, roughly 4.4× its estimated EBITDA of $2.0M, typical for a supermarkets and other grocery retailers (except convenience retailers) company its size. Likely range: $5.3M–$13.9M.
- How many employees does Covell LLC have?
- About 128, as reported on its PPP loan.