Lazy J Arena, LLC
How we got $19.5M
Based on 68 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
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 |
|---|---|---|
| LAZY J ARENA, LLC this business | $30.7M | — |
| GRISWOLD CATTLE CO., L.L.C. Stillwater · 22 employees | $8.7M | 3.7 mi |
| DAILEY LAND AND CATTLE LLC Stillwater · 1 employees | $1.1M | 6.2 mi |
| ROCKING T RANCH LLC Perkins · 1 employees | $993K | 6.4 mi |
| Mehan Cattle Co. Stillwater | $1.3M | 6.8 mi |
| F.M ERIKSON REVOCABLE TRUST DATED 1994 Stillwater · 2 employees | $1.4M | 7.3 mi |
| C RANCH LLC Stillwater · 1 employees | $631K | 7.4 mi |
The full calculation
| Employees reported to the SBA | 68 |
| Industry revenue per employee | $250K |
| Revenue = employees × revenue per employee | $30.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $3.5M |
| Cross-check: revenue implied by PPP payroll | $2.1M |
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 | $19.5M |
| Multiple for this size and industry | 5.5× |
| Value range | $9.2M – $27.7M |
| Revenue range | $18.2M – $36.3M |
| EBITDA range | $2.1M – $4.2M |
| Industry (NAICS) | Agriculture, Forestry, Fishing (112111) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $46K | 68 |
| 2/1/2021 | second | $8K | 68 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lazy J Arena, LLC
Lazy J Arena, LLC is an agriculture, forestry, fishing company in Stillwater, Oklahoma, in business since 2010. Its estimated annual revenue is about $30.7M, with roughly $3.5M of EBITDA. It has about 68 employees. Its estimated business value is $19.5M (likely range $9.2M–$27.7M).
Common questions
- Who owns Lazy J Arena, LLC?
- The owner of Lazy J Arena, 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 Lazy J Arena, LLC make?
- SeeBITDA estimates Lazy J Arena, LLC's annual revenue at about $30.7M (likely between $18.2M and $36.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lazy J Arena, LLC worth?
- About $19.5M, roughly 5.5× its estimated EBITDA of $3.5M, typical for a agriculture, forestry, fishing company its size. Likely range: $9.2M–$27.7M.
- How many employees does Lazy J Arena, LLC have?
- About 68, as reported on its PPP loan.
- When was Lazy J Arena, LLC founded?
- Lazy J Arena, LLC has been in business since 2010.