Haggard's May Furniture Company
- J. Earle Haggard Jr.Author of About letter (no formal title stated) · Company website
How we got $348K
Based on its 6 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 110 years (since 1916)
- Founder still runs it after 110 years
- Family in the business (J. Earle Haggard Jr., Author of About letter (no formal title stated))
From public records and the company's website, not a statement that it's for sale.
What they do
Haggard's Fine Furniture is a family-owned furniture store in Oklahoma City serving since 1916, offering American-made, handcrafted and Amish furniture with free delivery in the OKC metro.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Hooker · brand it sells or installs
- Omnia · brand it sells or installs
Estimated value over time
▲ 10% 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 |
|---|---|---|
| HAGGARD'S MAY FURNITURE COMPANY this business | $2.3M | — |
| FURNITURE BUY CONSIGNMENT WAVRA LLC Oklahoma City · 11 employees | $4.1M | 1.8 mi |
| K&N INTERIOR CONSIGNMENT LLC Oklahoma City · 12 employees | $4.1M | 2.1 mi |
| HEENAN'S HOME FURNISHINGS Oklahoma City · 6 employees | $3.2M | 2.6 mi |
| SUBURBAN CONTEMPORARY SHOP, LLC Oklahoma City · 16 employees | $8.8M | 2.8 mi |
| MILLER FLOORS INC Oklahoma City · 2 employees | $1.7M | 2.8 mi |
| OKLAHOMA FUTON COMPANY Oklahoma City · 9 employees | $4.4M | 2.9 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $174K |
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 | $348K |
| Multiple for this size and industry | 2× |
| Value range | $183K – $476K |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $114K – $198K |
| Industry (NAICS) | Retail Trade (442110) |
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
“Haggard's Fine Furniture has been a trusted name in Oklahoma City since 1916, when John W. Haggard founded the store.”
Advisors
- BankingInterBankPPP / 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
| InterBank PPP 2020 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $29K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Haggard's May Furniture Company
Haggard's May Furniture Company is a family-owned retail trade company in Oklahoma City, Oklahoma, in business since 1916. It is owned by John W. Haggard (Founder). Its estimated annual revenue is about $2.3M, with roughly $174K of EBITDA. It has about 6 employees. Its estimated business value is $348K (likely range $183K–$476K).
Common questions
- Who owns Haggard's May Furniture Company?
- Haggard's May Furniture Company is owned by John W. Haggard (Founder), according to public sources such as the company's website or filings.
- How much revenue does Haggard's May Furniture Company make?
- SeeBITDA estimates Haggard's May Furniture Company's annual revenue at about $2.3M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Haggard's May Furniture Company worth?
- About $348K, roughly 2× its estimated EBITDA of $174K, typical for a retail trade company its size. Likely range: $183K–$476K.
- How many employees does Haggard's May Furniture Company have?
- About 6, as reported on its PPP loan.
- When was Haggard's May Furniture Company founded?
- Haggard's May Furniture Company has been in business since 1916.
- Is Haggard's May Furniture Company for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 110 years (since 1916); founder still runs it after 110 years; family in the business (j. earle haggard jr., author of about letter (no formal title stated)).