E-Z Ice, Inc.
How we got $1.1M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 30 years (since 1996)
- Founder still runs it after 30 years
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 53% 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 |
|---|---|---|
| E-Z ICE, INC. this business | $4.3M | — |
| PATTERSON VIDEO, L.L.C. Jennings · 2 employees | $668K | 17.1 mi |
| N & M ENTERPRISES, INC. Perry · 4 employees | $1.6M | 36.7 mi |
| K & R VENDING LLC Guthrie · 2 employees | $1.2M | 38.5 mi |
| VENDORS SUPPLY INC. Sapulpa · 1 employees | $736K | 38.6 mi |
| ELITE GAMES & VENDING INC Edmond · 1 employees | $590K | 44.0 mi |
| TULSA AUTOMATIC MUSIC COMPANY Tulsa · 2 employees | $1.2M | 46.1 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $4.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $452K |
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $571K – $1.5M |
| Revenue range | $2.8M – $4.9M |
| EBITDA range | $297K – $516K |
| Industry (NAICS) | Retail Trade (454210) |
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: approximate sector default. 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
- BankingF & M 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 Roles are as stated there and may be out of date.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
| F & M Bank PPP 2020 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $57K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About E-Z Ice, Inc.
E-Z Ice, Inc. is a retail trade company in Cushing, Oklahoma, in business since 1996. It is owned by Bill Braum (Founder). Its estimated annual revenue is about $4.3M, with roughly $452K of EBITDA. It has about 9 employees. Its estimated business value is $1.1M (likely range $571K–$1.5M).
Common questions
- Who owns E-Z Ice, Inc.?
- E-Z Ice, Inc. is owned by Bill Braum (Founder), according to public sources such as the company's website or filings.
- How much revenue does E-Z Ice, Inc. make?
- SeeBITDA estimates E-Z Ice, Inc.'s annual revenue at about $4.3M (likely between $2.8M and $4.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is E-Z Ice, Inc. worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $452K, typical for a retail trade company its size. Likely range: $571K–$1.5M.
- How many employees does E-Z Ice, Inc. have?
- About 9, as reported on its PPP loan.
- When was E-Z Ice, Inc. founded?
- E-Z Ice, Inc. has been in business since 1996.
- Is E-Z Ice, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 30 years (since 1996); founder still runs it after 30 years.