SeeBITDAOklahoma

Fairview Livestock Auction, LLC

Livestock Merchant Wholesalers
  • 220 W State Rd, Fairview, OK
  • Since 1975
  • Family-owned
  • NAICS 424520
New owners FY2021
Estimated valueMedium confidence
$1.9M
$1.0Mlikely range$2.6M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$11.9M
a year
Profit (EBITDA)
$538K
5% of revenue
Employees
5
reported in 2020
Leadership
Bobby Smith
Founder · source
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.
Contact

How we got $1.9M

Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.

5 employees × $2.7M each$13.6M
PPP payroll ÷ payroll's usual share of revenue$8.1M
Shown toward the top of its range×1.14
Revenue$11.9M
× 5% profit margin$538K
× 3.6 sale multiple = value$1.9M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 51 years (since 1975)
  • Founder still runs it after 51 years
  • No family successor named on its website
  • Changed hands recently (SBA-financed purchase, FY2021)

From public records and the company's website, not a statement that it's for sale.

What they do

Fairview Livestock Commission Company is a competitive livestock market specializing in cattle sales and marketing, serving primarily Northwest Oklahoma and surrounding communities.

Products & services
cattle salesFarm VisitsAppraisalsAdvertisingOrder BuyingOnline BiddingCattle Hauling and Gathering CoordinationWeekly Market Reports
Markets served
producers
Service area
Northwest OklahomaFairview, Oklahoma

From the company's website. Industry: Livestock Merchant Wholesalers.

Customers & suppliers

Suppliers & brands

  • DVAuction · brand it sells or installs
  • LMAauctions · brand it sells or installs
  • BidHub · brand it sells or installs

Estimated value over time

▲ 22% since 2020
$0$1.1M$2.2M20202026

Today'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

BusinessEst. revenueEst. profitDistance
FAIRVIEW LIVESTOCK AUCTION, LLC
this business
$11.9M$538K—
JAMES CATTLE COMPANY LLC
Fairview · 1 employees
$5.5M$280K0.6 mi
CARRIER MILL & ELEVATOR CO
Carrier · 4 employees
$25.4M$1.1M29.1 mi
Sooner Plains Ag
Loyal
$30.1M$1.3M29.2 mi
WHEELER BROTHERS GRAIN COMPANY, LLC
Watonga · 156 employees
$974.7M$36.6M30.0 mi
CALDWELL LIVESTOCK MARKET, LLC
Enid · 52 employees
$151.9M$5.6M30.6 mi
CHEROKEE HL2 LLC
Cherokee · 10 employees
$28.0M$1.2M31.5 mi

The full calculation

Employees reported to the SBA5
Revenue from headcount (employees × revenue per employee for companies this size)$13.6M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$8.1M
Estimate: the two combined (geometric mean)$11.9M
EBITDA margin (industry, adjusted for size)5%
EBITDA = revenue × margin$538K

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$1.9M
Multiple for this size and industry3.6×
Value range$1.0M – $2.6M
Revenue range$7.9M – $13.6M
EBITDA range$354K – $613K
Industry (NAICS)Livestock Merchant Wholesalers (424520)

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

Founded 1975 by Bobby SmithFamily-owned
“The Fairview Sale Barn was established in 1975 by Bobby Smith, who built a brand based on honesty, integrity, trust, and great relationships with both his buyers and sellers.”

Advisors

  • BankingPeoples Bank and Trust Company, The Farmers and Merchants National Bank of FairviewPPP / 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

Peoples Bank and Trust Company
PPP 2020
All 320 borrowers →
The Farmers and Merchants National Bank of Fairview
7(a) 2021
All 79 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$29K$29K5Peoples Bank and Trust Company

Public records

SBA loans
Changed ownership (SBA-financed, FY2021)
May 20217(a)$1.0MThe Farmers and Merchants National Bank of Fairview

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Fairview Livestock Auction, LLC

Fairview Livestock Auction, LLC is a family-owned livestock merchant wholesalers company in Fairview, Oklahoma, in business since 1975. It is owned by Bobby Smith (Founder). Its estimated annual revenue is about $11.9M, with roughly $538K of EBITDA. It has about 5 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).

Common questions

Who owns Fairview Livestock Auction, LLC?
Fairview Livestock Auction, LLC is owned by Bobby Smith (Founder), according to public sources such as the company's website or filings.
How much revenue does Fairview Livestock Auction, LLC make?
SeeBITDA estimates Fairview Livestock Auction, LLC's annual revenue at about $11.9M (likely between $7.9M and $13.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Fairview Livestock Auction, LLC worth?
About $1.9M, roughly 3.6× its estimated EBITDA of $538K, typical for a livestock merchant wholesalers company its size. Likely range: $1.0M–$2.6M.
How many employees does Fairview Livestock Auction, LLC have?
About 5, as reported on its PPP loan.
When was Fairview Livestock Auction, LLC founded?
Fairview Livestock Auction, LLC has been in business since 1975.