Garrett and Company, LLC
- William P. "Pat" GarrettManager · Company website
- Richard S. "Steve" GarrettManager · Company website
- Joshua BaileyManager · Company website
- Tony MartinManager · Company website
How we got $9.8M
Based on its 18 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 111 years (since 1915)
- Founder still runs it after 111 years
- Family in the business (William P. "Pat" Garrett, Manager)
From public records and the company's website, not a statement that it's for sale.
What they do
Garrett and Company, LLC is a small family owned business in Oklahoma City that holds properties and serves its local economy through a family of affiliated and subsidiary companies in construction, real estate, oil and gas, and other fields.
From the company's website. Industry: Oil & gas.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- CHICKASAW DEFENSE LOGISTICS, LLC · Norman, 27 mi · $252.6M
- HAMMER CONSTRUCTION, INC. · Norman, 21 mi · $201.7M
- VAN EATON READY MIX, INC. · Shawnee, 32 mi · $149.5M
- LINGO CONSTRUCTION SERVICES INC · Oklahoma City, 6 mi · $131.2M
- LINGO CONSTRUCTIN SERVICES, INC. · Oklahoma City, 6 mi · $125.5M
- LSB INDUSTRIES, INC · Oklahoma City, 4 mi · $615.2M
- DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC · Oklahoma City, 5 mi · $339.7M
- SOUTHWESTERN WIRE INC · Norman, 27 mi · $312.5M
- AIRX CLIMATE SOLUTIONS, INC. · Yukon, 15 mi · $245.1M
- MERCER VALVE CO., INC. · Oklahoma City, 12 mi · $232.1M
Estimated value over time
▲ 5% 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 |
|---|---|---|
| GARRETT AND COMPANY, LLC this business | $8.1M | — |
| COME BIG OR STAY HOME, L.L.C. Oklahoma City · 5 employees | $2.5M | 0.0 mi |
| GENESIS FLUIDS, LLC Oklahoma City · 45 employees | $29.7M | 0.0 mi |
| GULF EXPLORATION, LLC Oklahoma City · 18 employees | $10.3M | 0.0 mi |
| UNIVERSAL FLUIDS, LLC Oklahoma City · 11 employees | $5.9M | 0.0 mi |
| Castle Operating LLC Oklahoma City | $1.5M | 0.3 mi |
| Yingling Oil, Inc. Oklahoma City | $1.5M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.6M |
| Estimate: the two combined (geometric mean) | $8.1M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $2.2M |
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 | $9.8M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.2M – $13.4M |
| Revenue range | $5.3M – $9.2M |
| EBITDA range | $1.5M – $2.5M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
History & advisors
“In 1915, Otis Garrett started the business by buying, selling and trading anything and everything from property and mineral rights to jewelry.”
Advisors
- BankingWatermark 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
| Watermark Bank PPP 2020, PPP 2021 | All 109 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $119K | 13 |
| 4/3/2020 | first | $196K | 18 |
| 1/16/2021 | second | $117K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Garrett and Company, LLC
Garrett and Company, LLC is a family-owned oil & gas company in Oklahoma City, Oklahoma, in business since 1915. It is owned by Otis Garrett (Founder). Its estimated annual revenue is about $8.1M, with roughly $2.2M of EBITDA. It has about 18 employees. Its estimated business value is $9.8M (likely range $5.2M–$13.4M).
Common questions
- Who owns Garrett and Company, LLC?
- Garrett and Company, LLC is owned by Otis Garrett (Founder), according to public sources such as the company's website or filings.
- How much revenue does Garrett and Company, LLC make?
- SeeBITDA estimates Garrett and Company, LLC's annual revenue at about $8.1M (likely between $5.3M and $9.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Garrett and Company, LLC worth?
- About $9.8M, roughly 4.4× its estimated EBITDA of $2.2M, typical for a oil & gas company its size. Likely range: $5.2M–$13.4M.
- How many employees does Garrett and Company, LLC have?
- About 18, as reported on its PPP loan.
- When was Garrett and Company, LLC founded?
- Garrett and Company, LLC has been in business since 1915.
- Is Garrett and Company, LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 111 years (since 1915); founder still runs it after 111 years; family in the business (william p. "pat" garrett, manager).