Kerns Ready Mixed Concrete Inc.
How we got $2.2M
Based on its 19 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▼ 4% since 2021Today'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
▲ 0% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 19 | $5.1M |
| 2022 | Form 5500 | 18 | $4.9M |
| 2023 | Form 5500 | 16 | $4.3M |
| 2024 | Form 5500 | 19 | $5.1M |
| 2025 | Form 5500 | 19 | $5.1M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| KERNS READY MIXED CONCRETE INC. this business | $7.4M | — |
| Reroof America Stillwater | $2.2M | 0.8 mi |
| ROOFING SERVICES CO INC Stillwater · 4 employees | $2.4M | 1.0 mi |
| St Francis Xavier Early Childhood Center Stillwater | $2.2M | 1.2 mi |
| New View Roofing Stillwater | $2.2M | 1.5 mi |
| Oliver Roofing Stillwater | $2.2M | 1.6 mi |
| SOLID ROCK CONCRETE, INC. Stillwater · 9 employees | $3.3M | 1.7 mi |
Ranges & sources
| Revenue range | $4.9M – $8.5M |
| EBITDA range | $518K – $898K |
| Industry (NAICS) | Poured Concrete Foundation and Structure Contractors (238110) |
| Value range | $1.2M – $3.0M |
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
“Jeff Kerns is the fourth generation to lead the companies as the current President of both Kerns Construction, Inc. and Kerns Asphalt Co.”
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 2021 | 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 |
|---|---|---|---|
| 1/26/2021 | second | $164K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kerns Ready Mixed Concrete Inc.
Kerns Ready Mixed Concrete Inc. is a concrete & foundations company in Stillwater, Oklahoma, in business since 1999. It is owned by Jeff Kerns (President). Its estimated annual revenue is about $7.4M, with roughly $787K of EBITDA. It has about 19 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M).
Common questions
- Who owns Kerns Ready Mixed Concrete Inc.?
- Kerns Ready Mixed Concrete Inc. is owned by Jeff Kerns (President), according to public sources such as the company's website or filings.
- How much revenue does Kerns Ready Mixed Concrete Inc. make?
- SeeBITDA estimates Kerns Ready Mixed Concrete Inc.'s annual revenue at about $7.4M (likely between $4.9M and $8.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kerns Ready Mixed Concrete Inc. worth?
- About $2.2M, roughly 2.8× its estimated EBITDA of $787K, typical for a concrete & foundations company its size. Likely range: $1.2M–$3.0M.
- How many employees does Kerns Ready Mixed Concrete Inc. have?
- About 19, from its 2025 retirement-plan filing.
- When was Kerns Ready Mixed Concrete Inc. founded?
- Kerns Ready Mixed Concrete Inc. has been in business since 1999.