Heritage Place Inc
How we got $448K
Based on 5 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Heritage Place Inc is a horse sale company in Oklahoma City that hosts mixed, yearling, foal in utero and futurity/derby/oaks horse sales, with an event center and online sales.
From the company's website. Industry: Support Activities for Animal Production.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- NEEL VETERINARIAN HOSPITAL PC · Oklahoma City, 4 mi · $22.4M
- Banfield Pet Hospital · Yukon, 9 mi · $12.2M
- Vetco Vaccination Clinic · Lawton, 71 mi · $11.0M
- BEVERLY A FRITZLER, DVM, PC DBA ROSE ROCK VETERINARY HOSPITA · Norman, 17 mi · $7.9M
- BRITTON ROAD VETERINARY CLINIC INC. · Oklahoma City, 9 mi · $5.9M
Estimated value over time
▲ 42% 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
▲ 60% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 5 | $1.1M |
| 2020 | Form 5500 | 6 | $1.3M |
| 2021 | Form 5500 | 6 | $1.3M |
| 2022 | Form 5500 | 7 | $1.5M |
| 2023 | Form 5500 | 6 | $1.3M |
| 2024 | Form 5500 | 7 | $1.5M |
| 2025 | Form 5500 | 8 | $1.7M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HERITAGE PLACE INC this business | $1.5M | — |
| KELLY KRAEGEL'S COTTONWOOD CREEK RANCH, INC. Oklahoma City · 4 employees | $914K | 2.8 mi |
| OKLAHOMA LIVESTOCK ORDER BUYING COMPANY Oklahoma City · 1 employees | $398K | 3.7 mi |
| MAXIMUM INC Oklahoma City · 6 employees | $2.5M | 6.0 mi |
| NIKKO HORSE FARM, LLC Oklahoma City · 2 employees | $710K | 6.7 mi |
| JASPER SUPPLY, LLC Oklahoma City · 89 employees | $18.2M | 8.1 mi |
| CBS PIGEON, LLC Oklahoma City · 4 employees | $1.4M | 9.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Industry revenue per employee | $210K |
| Revenue = employees × revenue per employee | $1.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $179K |
| Cross-check: revenue implied by PPP payroll | $4.1M |
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 | $448K |
| Multiple for this size and industry | 2.5× |
| Value range | $212K – $636K |
| Revenue range | $893K – $1.8M |
| EBITDA range | $106K – $212K |
| Industry (NAICS) | Support Activities for Animal Production (115210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- SKSpence KidneySigned for the company · 2024 retirement-plan filing (Form 5500)
Advisors
- BankingMidFirst 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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $82K | 5 |
2 locations
| 2829 S MacArthur Blvd | Oklahoma City | This listing |
| 1380 N Heritage Ln | Tahlequah | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Heritage Place Inc
Heritage Place Inc is a support activities for animal production company in Oklahoma City, Oklahoma, in business since 1997. Its estimated annual revenue is about $1.5M, with roughly $179K of EBITDA. It has about 8 employees. Its estimated business value is $448K (likely range $212K–$636K). It has 2 locations.
Common questions
- Who owns Heritage Place Inc?
- The owner of Heritage Place 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 Heritage Place Inc make?
- SeeBITDA estimates Heritage Place Inc's annual revenue at about $1.5M (likely between $893K and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heritage Place Inc worth?
- About $448K, roughly 2.5× its estimated EBITDA of $179K, typical for a support activities for animal production company its size. Likely range: $212K–$636K.
- How many employees does Heritage Place Inc have?
- About 8, from its 2025 retirement-plan filing.
- When was Heritage Place Inc founded?
- Heritage Place Inc has been in business since 1997.