Kilhoffer Propane Inc
How we got $1.8M
Based on its 6 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
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Kilhoffer Propane Co., a Ferrellgas company, has served residential, industrial, commercial, and agricultural customers in and around Canute, Elk City, and oilfields in Western Oklahoma since 1957.
From the company's website. Industry: Fuel Dealers.
Customers & suppliers
Suppliers & brands
- Ferrellgas · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- TRIPLE B OILFIELD SERVICES INC. · Elk City, 11 mi · $133.6M
- M WRIGHT SERVICES, LLC · Weatherford, 36 mi · $119.7M
- GORE NITROGEN PUMPING SERVICE, LLC · Seiling, 55 mi · $109.2M
- RIMROCK SERVICES, LLC · Elk City, 9 mi · $99.5M
- RAZOR OILFIELD SERVICES, LLC · Hinton, 52 mi · $86.8M
Estimated value over time
▲ 35% 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 |
|---|---|---|
| KILHOFFER PROPANE INC this business | $5.6M | — |
| ROOT ENTERPRISES, INC. Canute · 26 employees | $18.0M | 0.9 mi |
| M & D SALES INC Elk City · 1 employees | $664K | 9.7 mi |
| JANELLE HUTCHINSON Elk City · 1 employees | $566K | 9.8 mi |
| ELLEN VANDERVEER LLC Cordell · 1 employees | $566K | 19.2 mi |
| NICHOLSON ESSENTIALS, LLC Arapaho · 1 employees | $431K | 19.7 mi |
| NIKKI SCHALLA LLC Arapaho · 1 employees | $566K | 19.8 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.1M |
| Estimate: the two combined (geometric mean) | $5.6M |
| EBITDA margin (industry, adjusted for size) | 11% |
| 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 | $1.8M |
| Multiple for this size and industry | 3× |
| Value range | $928K – $2.4M |
| Revenue range | $3.7M – $6.4M |
| EBITDA range | $387K – $670K |
| Industry (NAICS) | Fuel Dealers (457210) |
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
“Kilhoffer Propane Co. has served residential, industrial, commercial, and agricultural customers in and around Canute, Elk City, and oilfields in Western Oklahoma since 1957.”
Advisors
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020 | All 1,112 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 | $60K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kilhoffer Propane Inc
Kilhoffer Propane Inc is a fuel dealers company in Canute, Oklahoma, in business since 2011. Its estimated annual revenue is about $5.6M, with roughly $588K of EBITDA. It has about 6 employees. Its estimated business value is $1.8M (likely range $928K–$2.4M).
Common questions
- Who owns Kilhoffer Propane Inc?
- The owner of Kilhoffer Propane 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 Kilhoffer Propane Inc make?
- SeeBITDA estimates Kilhoffer Propane Inc's annual revenue at about $5.6M (likely between $3.7M and $6.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kilhoffer Propane Inc worth?
- About $1.8M, roughly 3× its estimated EBITDA of $588K, typical for a fuel dealers company its size. Likely range: $928K–$2.4M.
- How many employees does Kilhoffer Propane Inc have?
- About 6, as reported on its PPP loan.
- When was Kilhoffer Propane Inc founded?
- Kilhoffer Propane Inc has been in business since 2011.