Lakeland Office Systems, LLC
How we got $6.4M
Based on its 48 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 41 years (since 1985)
From public records and the company's website, not a statement that it's for sale.
What they do
Lakeland Office sells copiers, printers and office equipment, along with managed print services and related IT support, with locations in Missouri and Oklahoma.
From the company's website. Industry: Stationery and Office Supplies Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Canon · brand it sells or installs
- Sharp · brand it sells or installs
- Lexmark · brand it sells or installs
- HP · brand it sells or installs
- Square 9 Softworks · brand it sells or installs
- Dell · brand it sells or installs
- PaperCut · brand it sells or installs
- ACDI · brand it sells or installs
- Microsoft · brand it sells or installs
- Uniflow · brand it sells or installs
- Cabling Plus · brand it sells or installs
- GEI WideFormat · brand it sells or installs
- HID Global/FARGO Printers · brand it sells or installs
- ESP · brand it sells or installs
- AppRiver · brand it sells or installs
Estimated value over time
▼ 10% 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 |
|---|---|---|
| LAKELAND OFFICE SYSTEMS, LLC this business | $35.5M | — |
| Blue Rhino Propane Exchange Miami | $9.6M | 1.7 mi |
| Blue Rhino Propane Exchange Miami | $9.6M | 1.9 mi |
| Blue Rhino Propane Exchange Miami | $9.6M | 2.0 mi |
| Blue Rhino Propane Exchange Miami | $9.6M | 2.3 mi |
| Lindlys Propane Formerly Miami Butane Co Miami | $9.6M | 2.7 mi |
| Steelcraft Industries Miami | $9.6M | 3.5 mi |
The full calculation
| Employees reported to the SBA | 48 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $30.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $31.7M |
| Estimate: the two combined (geometric mean) | $35.5M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $1.5M |
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 | $6.4M |
| Multiple for this size and industry | 4.3× |
| Value range | $3.4M – $8.7M |
| Revenue range | $23.3M – $40.4M |
| EBITDA range | $977K – $1.7M |
| Industry (NAICS) | Stationery and Office Supplies Merchant Wholesalers (424120) |
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
History & advisors
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $545K | 48 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lakeland Office Systems, LLC
Lakeland Office Systems, LLC is a stationery and office supplies merchant wholesalers company in Miami, Oklahoma, in business since 1985. Its estimated annual revenue is about $35.5M, with roughly $1.5M of EBITDA. It has about 48 employees. Its estimated business value is $6.4M (likely range $3.4M–$8.7M).
Common questions
- Who owns Lakeland Office Systems, LLC?
- The owner of Lakeland Office Systems, 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 Lakeland Office Systems, LLC make?
- SeeBITDA estimates Lakeland Office Systems, LLC's annual revenue at about $35.5M (likely between $23.3M and $40.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lakeland Office Systems, LLC worth?
- About $6.4M, roughly 4.3× its estimated EBITDA of $1.5M, typical for a stationery and office supplies merchant wholesalers company its size. Likely range: $3.4M–$8.7M.
- How many employees does Lakeland Office Systems, LLC have?
- About 48, as reported on its PPP loan.
- When was Lakeland Office Systems, LLC founded?
- Lakeland Office Systems, LLC has been in business since 1985.