SeeBITDAOklahoma

Haggard's May Furniture Company

Retail Trade
  • 3415 N MAY AVE, Oklahoma City, OK
  • Since 1916
  • Family-owned
  • NAICS 442110
Estimated valueMedium confidence
$348K
$183Klikely range$476K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$2.3M
a year
Profit (EBITDA)
$174K
8% of revenue
Employees
6
reported in 2020
Leadership
John W. Haggard
Founder · source
Likely to sell
  • J. Earle Haggard Jr.
    Author of About letter (no formal title stated) · Company website
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $348K

Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.

6 employees × $350K each$2.1M
PPP payroll ÷ payroll's usual share of revenue$2.0M
Shown toward the top of its range×1.14
Revenue$2.3M
× 8% profit margin$174K
× 2 sale multiple = value$348K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

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.

Products & services
Handmade Amish Furnitureauthentic Amish piecesupholstered furnituresofas, loveseats, chairs, and ottomansLiving RoomDining RoomBedroomEntertainment / TheaterSectionalsOutdoorOfficeMotion
Markets served
veterans
Service area
Oklahoma CityOKC MetroOklahoma City 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 2020
$0$200K$400K20202026

Today'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

BusinessEst. revenueEst. profitDistance
HAGGARD'S MAY FURNITURE COMPANY
this business
$2.3M$174K—
FURNITURE BUY CONSIGNMENT WAVRA LLC
Oklahoma City · 11 employees
$4.1M$308K1.8 mi
K&N INTERIOR CONSIGNMENT LLC
Oklahoma City · 12 employees
$4.1M$309K2.1 mi
HEENAN'S HOME FURNISHINGS
Oklahoma City · 6 employees
$3.2M$242K2.6 mi
SUBURBAN CONTEMPORARY SHOP, LLC
Oklahoma City · 16 employees
$8.8M$529K2.8 mi
MILLER FLOORS INC
Oklahoma City · 2 employees
$1.7M$131K2.8 mi
OKLAHOMA FUTON COMPANY
Oklahoma City · 9 employees
$4.4M$300K2.9 mi

The full calculation

Employees reported to the SBA6
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 industry2×
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

Founded 1916 by John W. HaggardFamily-owned
“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

ApprovedDrawAmountForgivenJobsLender
4/27/2020first$29K$30K6InterBank

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)).