Freeman's Appliance, Inc.
How we got $639K
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 Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 13% 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 |
|---|---|---|
| FREEMAN'S APPLIANCE, INC. this business | $4.5M | — |
| GREENWOON'S COMPUTERS INC Duncan · 4 employees | $1.7M | 0.6 mi |
| R & R RESOURCES LLC Duncan · 1 employees | $436K | 2.0 mi |
| THE INMAN GROUP, LLC Duncan · 4 employees | $2.0M | 4.6 mi |
| RAINS MAYTAG LTD Lawton · 7 employees | $3.2M | 25.2 mi |
| PERKINS OFFICE MACHINES, INC. Lawton · 7 employees | $2.7M | 25.7 mi |
| LAWTON VACUUM COMPANY INC. Lawton · 2 employees | $824K | 25.8 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $4.5M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $266K |
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 | $639K |
| Multiple for this size and industry | 2.4× |
| Value range | $336K – $874K |
| Revenue range | $3.0M – $5.1M |
| EBITDA range | $175K – $304K |
| Industry (NAICS) | Retail Trade (443141) |
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
History & advisors
Advisors
- BankingThe First National Bank in MarlowPPP / 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 Roles are as stated there and may be out of date.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
| The First National Bank in Marlow PPP 2020 | All 37 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 | $69K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Freeman's Appliance, Inc.
Freeman's Appliance, Inc. is a retail trade company in Duncan, Oklahoma, in business since 2005. Its estimated annual revenue is about $4.5M, with roughly $266K of EBITDA. It has about 9 employees. Its estimated business value is $639K (likely range $336K–$874K).
Common questions
- Who owns Freeman's Appliance, Inc.?
- The owner of Freeman's Appliance, Inc. 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 Freeman's Appliance, Inc. make?
- SeeBITDA estimates Freeman's Appliance, Inc.'s annual revenue at about $4.5M (likely between $3.0M and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Freeman's Appliance, Inc. worth?
- About $639K, roughly 2.4× its estimated EBITDA of $266K, typical for a retail trade company its size. Likely range: $336K–$874K.
- How many employees does Freeman's Appliance, Inc. have?
- About 9, as reported on its PPP loan.
- When was Freeman's Appliance, Inc. founded?
- Freeman's Appliance, Inc. has been in business since 2005.