Goddard's Ready Mix Concrete Co., Inc.
How we got $2.5M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 6% 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 |
|---|---|---|
| GODDARD'S READY MIX CONCRETE CO., INC. this business | $4.2M | — |
| INNOVATIVE CONCRETE SOLUTIONS LLC Oklahoma City · 99 employees | $68.0M | 2.2 mi |
| METHENY CONCRETE PRODUCTS INC. Oklahoma City · 60 employees | $47.2M | 2.2 mi |
| CONNELLY READY-MIX CONCRETE, LLC Oklahoma City · 10 employees | $7.7M | 7.5 mi |
| TOBY CONCRETE TRANSPORTATION, INC. Oklahoma City · 20 employees | $11.2M | 9.1 mi |
| CENTRAL BURIAL VAULTS, INC Oklahoma City · 48 employees | $16.1M | 12.9 mi |
| BARAY ENTERPRISES, INC Piedmont · 41 employees | $21.3M | 16.8 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $4.2M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $661K |
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 | $2.5M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.3M – $3.4M |
| Revenue range | $2.8M – $4.8M |
| EBITDA range | $435K – $753K |
| Industry (NAICS) | Other Concrete Product Manufacturing (327390) |
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
Advisors
- BankingFirst Security 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 Roles are as stated there and may be out of date.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 Security Bank and Trust Company PPP 2020, PPP 2021 | All 150 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $109K | 14 |
| 1/20/2021 | second | $105K | 18 |
About Goddard's Ready Mix Concrete Co., Inc.
Goddard's Ready Mix Concrete Co., Inc. is an other concrete product manufacturing company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $4.2M, with roughly $661K of EBITDA. It has about 18 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M).
Common questions
- Who owns Goddard's Ready Mix Concrete Co., Inc.?
- The owner of Goddard's Ready Mix Concrete Co., 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 Goddard's Ready Mix Concrete Co., Inc. make?
- SeeBITDA estimates Goddard's Ready Mix Concrete Co., Inc.'s annual revenue at about $4.2M (likely between $2.8M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Goddard's Ready Mix Concrete Co., Inc. worth?
- About $2.5M, roughly 3.8× its estimated EBITDA of $661K, typical for a other concrete product manufacturing company its size. Likely range: $1.3M–$3.4M.
- How many employees does Goddard's Ready Mix Concrete Co., Inc. have?
- About 18, as reported on its PPP loan.