Journey Fulfillment, Inc.
How we got $6.1M
Based on its 29 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
- Headcount down 57% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 47% 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
▼ 55% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 29 | $20.1M |
| 2021 | Form 5500 | 30 | $20.8M |
| 2022 | Form 5500 | 25 | $17.3M |
| 2023 | Form 5500 | 30 | $20.8M |
| 2024 | Form 5500 | 19 | $13.2M |
| 2025 | Form 5500 | 13 | $9.0M |
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 |
|---|---|---|
| JOURNEY FULFILLMENT, INC. this business | $20.8M | — |
| TULSA CHAIN.COM LLC Bixby · 5 employees | $5.5M | 0.0 mi |
| DTAGS, LLC Bixby · 2 employees | $2.2M | 1.0 mi |
| PLAIN SERVICES LLC Bixby · 1 employees | $1.3M | 1.7 mi |
| AUDIO VIDEO CONNECTIONS LLC Tulsa · 1 employees | $1.9M | 1.8 mi |
| CREATION MUSIC, LLC Bixby · 4 employees | $5.3M | 1.8 mi |
| MHS ALLOYS LLC Tulsa · 2 employees | $2.8M | 2.2 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $22.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $15.0M |
| Estimate: the two combined (geometric mean) | $20.8M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.4M |
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 | $6.1M |
| Multiple for this size and industry | 4.3× |
| Value range | $3.2M – $8.4M |
| Revenue range | $13.7M – $23.7M |
| EBITDA range | $936K – $1.6M |
| Industry (NAICS) | Other Miscellaneous Durable Goods Merchant Wholesalers (423990) |
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
Advisors
- BankingGrand 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
| Grand Bank PPP 2020 | All 407 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $230K | 29 |
About Journey Fulfillment, Inc.
Journey Fulfillment, Inc. is an other miscellaneous durable goods merchant wholesalers company in Bixby, Oklahoma. Its estimated annual revenue is about $20.8M, with roughly $1.4M of EBITDA. It has about 13 employees. Its estimated business value is $6.1M (likely range $3.2M–$8.4M).
Common questions
- Who owns Journey Fulfillment, Inc.?
- The owner of Journey Fulfillment, 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 Journey Fulfillment, Inc. make?
- SeeBITDA estimates Journey Fulfillment, Inc.'s annual revenue at about $20.8M (likely between $13.7M and $23.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Journey Fulfillment, Inc. worth?
- About $6.1M, roughly 4.3× its estimated EBITDA of $1.4M, typical for a other miscellaneous durable goods merchant wholesalers company its size. Likely range: $3.2M–$8.4M.
- How many employees does Journey Fulfillment, Inc. have?
- About 13, from its 2025 retirement-plan filing.