Hughes Industries, LLC
How we got $36.2M
Based on its 110 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 17% 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 |
|---|---|---|
| HUGHES INDUSTRIES, LLC this business | $89.3M | — |
| BROWN MACHINERY, INC. Oklahoma City · 5 employees | $3.3M | 0.6 mi |
| J&B GRAPHICS INC. Oklahoma City · 18 employees | $9.7M | 0.9 mi |
| A.R.T.T. CO. Oklahoma City · 11 employees | $6.9M | 1.0 mi |
| HESSEL HOLDING COMPANY LLC Oklahoma City · 64 employees | $38.7M | 1.0 mi |
| R & S SUPPLY, INC OKLAHOMA Oklahoma City · 10 employees | $8.9M | 1.1 mi |
| STAR LIGHTING & SUPPLY, LLC Oklahoma City · 12 employees | $7.0M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 110 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $69.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $88.8M |
| Estimate: the two combined (geometric mean) | $89.3M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $7.0M |
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 | $36.2M |
| Multiple for this size and industry | 5.2× |
| Value range | $19.1M – $49.6M |
| Revenue range | $58.8M – $101.9M |
| EBITDA range | $4.6M – $7.9M |
| Industry (NAICS) | Building material and supplies dealers (444190) |
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
People & advisors
Advisors
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $1.2M | 110 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hughes Industries, LLC
Hughes Industries, LLC is a building material and supplies dealers company in Oklahoma City, Oklahoma. It is owned by George Hughes Iii (Owner / Officer). Its estimated annual revenue is about $89.3M, with roughly $7.0M of EBITDA. It has about 110 employees. Its estimated business value is $36.2M (likely range $19.1M–$49.6M).
Common questions
- Who owns Hughes Industries, LLC?
- Hughes Industries, LLC is owned by George Hughes Iii (Owner / Officer), according to public sources such as the company's website or filings.
- How much revenue does Hughes Industries, LLC make?
- SeeBITDA estimates Hughes Industries, LLC's annual revenue at about $89.3M (likely between $58.8M and $101.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hughes Industries, LLC worth?
- About $36.2M, roughly 5.2× its estimated EBITDA of $7.0M, typical for a building material and supplies dealers company its size. Likely range: $19.1M–$49.6M.
- How many employees does Hughes Industries, LLC have?
- About 110, as reported on its PPP loan.