Craddock Funeral Home LLC
How we got $932K
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 103 years (since 1923)
From public records and the company's website, not a statement that it's for sale.
What they do
Craddock Funeral Home is a family-owned funeral home in Ardmore, Oklahoma, serving the people of southern Oklahoma and Carter County, offering burial, cremation and memorial services along with grief support and preplanning.
From the company's website. Industry: Funeral homes.
Customers & suppliers
Suppliers & brands
- Flowers by Denise · brand it sells or installs
Estimated value over time
▲ 65% 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 |
|---|---|---|
| CRADDOCK FUNERAL HOME LLC this business | $2.0M | — |
| HARVEY-DOUGLAS FUNERAL HOME, INC. Ardmore · 7 employees | $2.0M | 1.2 mi |
| Kirk Funeral Home Ardmore | $2.2M | 1.3 mi |
| Memorial Art Company Ardmore | $2.2M | 1.5 mi |
| GRIFFIN HILLCREST FUNERAL HOME Ardmore · 12 employees | $2.2M | 1.8 mi |
| B & M Monuments Lone Grove | $2.2M | 6.3 mi |
| FLANAGAN-WATTS FUNERAL HOME, INC. Marietta · 4 employees | $1.6M | 15.9 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $359K |
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 | $932K |
| Multiple for this size and industry | 2.6× |
| Value range | $491K – $1.3M |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $236K – $409K |
| Industry (NAICS) | Funeral Homes and Funeral Services (812210) |
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
“Craddock Funeral Home was established as Bettes Funeral Home in 1923 by Mr. and Mrs. A. F. Bettes.”
Leadership
- NCNewman Craddock, Sr.Partner · Company website · source
- ACA.N. "Sonny" Craddock, Jr.Funeral Director · Company website · source
- BCBarbara CraddockFuneral Director · Company website · source
- CCChris CraddockFuneral Director · Company website · source
- KCKyle CraddockFuneral Director/Life Insurance Agent · Company website · source
Advisors
- BankingFirst State Bank, Peoples Bank and Trust CompanyPPP / 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
| First State Bank PPP 2020 | All 268 borrowers → |
| Peoples Bank and Trust Company PPP 2021 | All 320 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 | $61K | 11 |
| 1/27/2021 | second | $71K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Craddock Funeral Home LLC
Craddock Funeral Home LLC is a family-owned funeral homes company in Ardmore, Oklahoma, in business since 1923. Its estimated annual revenue is about $2.0M, with roughly $359K of EBITDA. It has about 11 employees. Its estimated business value is $932K (likely range $491K–$1.3M).
Common questions
- Who owns Craddock Funeral Home LLC?
- The owner of Craddock Funeral Home 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 Craddock Funeral Home LLC make?
- SeeBITDA estimates Craddock Funeral Home LLC's annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Craddock Funeral Home LLC worth?
- About $932K, roughly 2.6× its estimated EBITDA of $359K, typical for a funeral homes company its size. Likely range: $491K–$1.3M.
- How many employees does Craddock Funeral Home LLC have?
- About 11, as reported on its PPP loan.
- When was Craddock Funeral Home LLC founded?
- Craddock Funeral Home LLC has been in business since 1923.