Highsmith Funeral & Cremation Services, LLC
How we got $711K
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 Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Burckhalter-Highsmith Funeral and Cremation Services is a locally owned and operated funeral home in Vinita, OK that guides families through funeral arrangements and offers pre-planning and cremation services.
From the company's website. Industry: Funeral homes.
Estimated value over time
▲ 65% 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 |
|---|---|---|
| HIGHSMITH FUNERAL & CREMATION SERVICES, LLC this business | $1.5M | — |
| Luginbuel Funeral Home Vinita | $2.2M | 0.2 mi |
| Adcock Funeral Home Afton | $2.2M | 11.2 mi |
| Luginbuel South Grand Lake Funeral Home Langley | $2.2M | 12.5 mi |
| Luginbuel Funeral Home Langley | $2.2M | 13.1 mi |
| Thomas & Chenoweth Funeral Home Welch | $2.2M | 16.3 mi |
| Chelsea Funeral Home and Cremation Service Chelsea | $2.2M | 17.1 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $274K |
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 | $711K |
| Multiple for this size and industry | 2.6× |
| Value range | $374K – $973K |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $180K – $312K |
| Industry (NAICS) | Funeral Homes and Funeral Services (812210) |
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
- BankingLive Oak Banking Company, Welch State Bank of Welch, OklaPPP / 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
| Live Oak Banking Company PPP 2020 | All 75 borrowers → |
| Welch State Bank of Welch, Okla. 7(a) 2026 | All 108 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $48K | 6 |
Public records
| Jan 2026 | 7(a) | $567K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Highsmith Funeral & Cremation Services, LLC
Highsmith Funeral & Cremation Services, LLC is a funeral homes company in Vinita, Oklahoma, in business since 2010. Its estimated annual revenue is about $1.5M, with roughly $274K of EBITDA. It has about 6 employees. Its estimated business value is $711K (likely range $374K–$973K).
Common questions
- Who owns Highsmith Funeral & Cremation Services, LLC?
- The owner of Highsmith Funeral & Cremation Services, LLC 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 Highsmith Funeral & Cremation Services, LLC make?
- SeeBITDA estimates Highsmith Funeral & Cremation Services, LLC's annual revenue at about $1.5M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Highsmith Funeral & Cremation Services, LLC worth?
- About $711K, roughly 2.6× its estimated EBITDA of $274K, typical for a funeral homes company its size. Likely range: $374K–$973K.
- How many employees does Highsmith Funeral & Cremation Services, LLC have?
- About 6, as reported on its PPP loan.
- When was Highsmith Funeral & Cremation Services, LLC founded?
- Highsmith Funeral & Cremation Services, LLC has been in business since 2010.