Independent Industries Inc
How we got $2.3M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 37% 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.
What we know
Signs of a sale Likely to sell
- In business 43 years (since 1983)
- Founder still runs it after 43 years
From public records and the company's website, not a statement that it's for sale.
What they do
The website is a domain-name marketplace page offering IndependentIndustries.com for sale as a premium domain, operated by DomainMarket.com; it does not describe the Meeker, OK business Independent Industries Inc.
From the company's website. Industry: Iron and Steel Pipe and Tube Manufacturing from Purchased Steel.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| INDEPENDENT INDUSTRIES INC this business | $5.8M | — |
| BIGFOOT PIPE & PILING LLC Oklahoma City · 7 employees | $5.0M | 31.5 mi |
| BBM STEEL BUILDINGS INC Oklahoma City · 21 employees | $28.4M | 32.7 mi |
| Tenaris Oklahoma City | $9.6M | 35.1 mi |
| WEIBEE STEEL LLC Norman · 25 employees | $34.4M | 35.7 mi |
| SHIELDS PIPE CORPORATION Edmond · 2 employees | $2.7M | 38.5 mi |
| SOUTHWESTERN WIRE INC Norman · 258 employees | $312.5M | 40.7 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.3M |
| Estimate: the two combined (geometric mean) | $5.8M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $588K |
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 | $2.3M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.2M – $3.1M |
| Revenue range | $3.8M – $6.6M |
| EBITDA range | $387K – $670K |
| Industry (NAICS) | Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (331210) |
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
- BankingVision 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
| Vision Bank PPP 2020 | All 487 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 | $99K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Independent Industries Inc
Independent Industries Inc is an iron and steel pipe and tube manufacturing from purchased steel company in Meeker, Oklahoma, in business since 1983. It is owned by Mike Mann (Founder). Its estimated annual revenue is about $5.8M, with roughly $588K of EBITDA. It has about 8 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.1M).
Common questions
- Who owns Independent Industries Inc?
- Independent Industries Inc is owned by Mike Mann (Founder), according to public sources such as the company's website or filings.
- How much revenue does Independent Industries Inc make?
- SeeBITDA estimates Independent Industries Inc's annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Independent Industries Inc worth?
- About $2.3M, roughly 3.9× its estimated EBITDA of $588K, typical for a iron and steel pipe and tube manufacturing from purchased steel company its size. Likely range: $1.2M–$3.1M.
- How many employees does Independent Industries Inc have?
- About 8, as reported on its PPP loan.
- When was Independent Industries Inc founded?
- Independent Industries Inc has been in business since 1983.
- Is Independent Industries Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 43 years (since 1983); founder still runs it after 43 years.