Grooms Irrigation Company
How we got $8.1M
Based on its 48 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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.
Employees over time
▲ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 48 | $11.3M |
| 2020 | Form 5500 | 42 | $9.9M |
| 2021 | Form 5500 | 39 | $9.2M |
| 2022 | Form 5500 | 43 | $10.1M |
| 2023 | Form 5500 | 50 | $11.8M |
| 2024 | Form 5500 | 56 | $13.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GROOMS IRRIGATION COMPANY this business | $18.5M | — |
| QUALITY IRRIGATION, INC. Edmond · 29 employees | $9.8M | 2.8 mi |
| HAYNES PUMP AND PROCESS, LLC Edmond · 1 employees | $327K | 3.4 mi |
| DAVIS PIPE & SUPPLY, INC. Edmond · 41 employees | $19.8M | 3.5 mi |
| 4M VENTURES INC Edmond · 11 employees | $5.0M | 5.3 mi |
| CHOICE ENTERPRISES LLC Oklahoma City · 9 employees | $2.2M | 5.4 mi |
| IT IRRIGATION TECHNICIANS LLP Edmond · 2 employees | $563K | 5.8 mi |
The full calculation
| Employees reported to the SBA | 48 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.2M |
| Estimate: the two combined (geometric mean) | $18.5M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $1.8M |
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 | $8.1M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.3M – $11.1M |
| Revenue range | $12.2M – $21.1M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Water Supply and Irrigation Systems (221310) |
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
Advisors
- BankingFirst Liberty 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
| First Liberty Bank PPP 2020, PPP 2021 | All 382 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $442K | 48 |
| 1/22/2021 | second | $442K | 47 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Grooms Irrigation Company
Grooms Irrigation Company is a water supply and irrigation systems company in Oklahoma City, Oklahoma, in business since 2006. It is owned by Marty Grooms (Principal). Its estimated annual revenue is about $18.5M, with roughly $1.8M of EBITDA. It has about 56 employees. Its estimated business value is $8.1M (likely range $4.3M–$11.1M).
Common questions
- Who owns Grooms Irrigation Company?
- Grooms Irrigation Company is owned by Marty Grooms (Principal), according to public sources such as the company's website or filings.
- How much revenue does Grooms Irrigation Company make?
- SeeBITDA estimates Grooms Irrigation Company's annual revenue at about $18.5M (likely between $12.2M and $21.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Grooms Irrigation Company worth?
- About $8.1M, roughly 4.5× its estimated EBITDA of $1.8M, typical for a water supply and irrigation systems company its size. Likely range: $4.3M–$11.1M.
- How many employees does Grooms Irrigation Company have?
- About 56, from its 2024 retirement-plan filing.
- When was Grooms Irrigation Company founded?
- Grooms Irrigation Company has been in business since 2006.