Lanman Funeral Home, Inc.
How we got $880K
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 65% 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.
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
Lanman Funeral Home, Inc. provides funeral and cremation services, including traditional funerals, cremation, markers, pre-need services and after care, for families in Helena, Cherokee, Okeene and Medford, Oklahoma, and Kiowa, Kansas.
From the company's website. Industry: Funeral homes.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LANMAN FUNERAL HOME, INC. this business | $1.9M | — |
| Wentworth's Mortuary Carmen | $2.2M | 10.8 mi |
| Goodwin Wharton Funeral Home Cherokee | $2.2M | 14.7 mi |
| Goodwin Funeral Home Cherokee | $2.2M | 15.3 mi |
| S, GRAY INVESTMENTS, LLC Enid · 12 employees | $1.9M | 22.4 mi |
| Anderson-Burris Funeral Home & Crematory Enid | $2.2M | 22.4 mi |
| FAIRVIEW FUNERAL HOME INC. Fairview · 4 employees | $968K | 22.5 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $338K |
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 | $880K |
| Multiple for this size and industry | 2.6× |
| Value range | $463K – $1.2M |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $223K – $386K |
| Industry (NAICS) | Funeral Homes and Funeral Services (812210) |
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
“We are a family operation with three generations working together along with our support staff to better serve our clients.”
Advisors
- BankingACB 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
| ACB Bank PPP 2020 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $50K | 12 |
3 locations
| 309 E 4TH | Helena | This listing |
| 1305 S Grand Ave | Cherokee | View |
| 108 W Cherokee St | Medford | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lanman Funeral Home, Inc.
Lanman Funeral Home, Inc. is a family-owned funeral homes company in Helena, Oklahoma, in business since 1985. Its estimated annual revenue is about $1.9M, with roughly $338K of EBITDA. It has about 12 employees. Its estimated business value is $880K (likely range $463K–$1.2M). It has 3 locations.
Common questions
- Who owns Lanman Funeral Home, Inc.?
- The owner of Lanman Funeral Home, 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 Lanman Funeral Home, Inc. make?
- SeeBITDA estimates Lanman Funeral Home, Inc.'s annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lanman Funeral Home, Inc. worth?
- About $880K, roughly 2.6× its estimated EBITDA of $338K, typical for a funeral homes company its size. Likely range: $463K–$1.2M.
- How many employees does Lanman Funeral Home, Inc. have?
- About 12, as reported on its PPP loan.
- When was Lanman Funeral Home, Inc. founded?
- Lanman Funeral Home, Inc. has been in business since 1985.