Lockstone Funeral Home Inc.
- Adam LockstoneFuneral Director · Company website
- Jenna LockstoneFuneral Director · Company website
- Brittany YeagerFuneral Director · Company website
How we got $826K
Based on its 6 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 98 years (since 1928)
From public records and the company's website, not a statement that it's for sale.
What they do
Lockstone Funeral Home provides funeral, cremation, and veteran services with two locations, Weatherford and Thomas, Oklahoma. It says it offers compassionate care with family values.
From the company's website. Industry: Funeral homes.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LOCKSTONE FUNERAL HOME INC. this business | $1.8M | — |
| Lee Hometown Funeral Home Clinton | $2.2M | 15.1 mi |
| Kiesau Lee Funeral Homes Clinton | $2.2M | 16.0 mi |
| TURNER FUNERAL HOME ENTERPRISES, INC Hinton · 11 employees | $2.4M | 20.1 mi |
| TURNER FUNERAL HOMES ENTERPRISES INC Hinton · 11 employees | $2.3M | 20.1 mi |
| Loftiss-Lee Funeral Home New Cordell | $2.2M | 22.8 mi |
| Musick-Varner Funeral Homes New Cordell | $2.2M | 22.8 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $318K |
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 | $826K |
| Multiple for this size and industry | 2.6× |
| Value range | $435K – $1.1M |
| Revenue range | $1.2M – $2.0M |
| EBITDA range | $209K – $362K |
| 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
“R.L. Lockstone Funeral Home of Weatherford began with the purchase of Stott and Cramer Furniture and Undertaking in 1928 by Ralph L. Lockstone.”
Advisors
- BankingSouthwest Bank of WeatherfordPPP / 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
| Southwest Bank of Weatherford PPP 2020 | All 48 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $65K | 6 |
2 locations
| 210 N CUSTER ST | Weatherford | This listing |
| 106 S 10th St | Thomas | 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 Lockstone Funeral Home Inc.
Lockstone Funeral Home Inc. is a family-owned funeral homes company in Weatherford, Oklahoma, in business since 1928. Its estimated annual revenue is about $1.8M, with roughly $318K of EBITDA. It has about 6 employees. Its estimated business value is $826K (likely range $435K–$1.1M). It has 2 locations.
Common questions
- Who owns Lockstone Funeral Home Inc.?
- The owner of Lockstone 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 Lockstone Funeral Home Inc. make?
- SeeBITDA estimates Lockstone Funeral Home Inc.'s annual revenue at about $1.8M (likely between $1.2M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lockstone Funeral Home Inc. worth?
- About $826K, roughly 2.6× its estimated EBITDA of $318K, typical for a funeral homes company its size. Likely range: $435K–$1.1M.
- How many employees does Lockstone Funeral Home Inc. have?
- About 6, as reported on its PPP loan.
- When was Lockstone Funeral Home Inc. founded?
- Lockstone Funeral Home Inc. has been in business since 1928.