Kelly Sod Farm, LLC
How we got $2.0M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
What they do
Kelly Sod Farm grows and sells fresh-cut sod (bermuda and zoysia) by the pallet or big roll, serving the Dallas–Fort Worth area and the Texoma region. It also operates the Diamond K Sod retail store in Denison, Texas.
From the company's website. Industry: Agriculture, Forestry, Fishing.
Estimated value over time
▲ 31% 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 |
|---|---|---|
| KELLY SOD FARM, LLC this business | $3.8M | — |
| KELLY TRANSPORTATION SERVICES, LLC Hendrix · 2 employees | $1.7M | 0.0 mi |
| J-BAR-S RANCH INC Hendrix · 1 employees | $992K | 2.1 mi |
| Jagged Crossing Ranch Hendrix | $1.4M | 2.7 mi |
| Liberty Bottom Farms Hendrix | $1.4M | 3.0 mi |
| Esbenshade Farms Colbert | $1.4M | 5.5 mi |
| WINNETT SOD FARM, INC. Colbert · 6 employees | $2.5M | 6.7 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.8M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $536K |
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 | $2.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.1M – $2.8M |
| Revenue range | $2.5M – $4.3M |
| EBITDA range | $353K – $611K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (111998) |
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: approximate sector default. 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
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $55K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kelly Sod Farm, LLC
Kelly Sod Farm, LLC is an agriculture, forestry, fishing company in Hendrix, Oklahoma, in business since 2000. Its estimated annual revenue is about $3.8M, with roughly $536K of EBITDA. It has about 10 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns Kelly Sod Farm, LLC?
- The owner of Kelly Sod Farm, 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 Kelly Sod Farm, LLC make?
- SeeBITDA estimates Kelly Sod Farm, LLC's annual revenue at about $3.8M (likely between $2.5M and $4.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kelly Sod Farm, LLC worth?
- About $2.0M, roughly 3.8× its estimated EBITDA of $536K, typical for a agriculture, forestry, fishing company its size. Likely range: $1.1M–$2.8M.
- How many employees does Kelly Sod Farm, LLC have?
- About 10, as reported on its PPP loan.
- When was Kelly Sod Farm, LLC founded?
- Kelly Sod Farm, LLC has been in business since 2000.