Long Gas Co., Inc.
How we got $1.1M
Based on its 4 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 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| LONG GAS CO., INC. this business | $4.2M | — |
| COOPERS BBQ LLC Mooreland · 1 employees | $713K | 39.9 mi |
| BILL MUNN SUPPLY, INC Enid · 14 employees | $13.0M | 50.0 mi |
| STEELE OPERATING COMPANY LLC Woodward · 1 employees | $340K | 50.2 mi |
| PICK OF THE CROP INC Vici · 3 employees | $1.7M | 57.9 mi |
| JIMMY BERKENBILE INC. Hennessey · 3 employees | $3.2M | 63.0 mi |
| CEDAR RIDGE RESERVE LLC Dover · 1 employees | $317K | 64.7 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.4M |
| Estimate: the two combined (geometric mean) | $4.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $446K |
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $563K – $1.5M |
| Revenue range | $2.8M – $4.8M |
| EBITDA range | $293K – $508K |
| Industry (NAICS) | Retail Trade (454310) |
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
People & advisors
Advisors
- BankingAlva State Bank & Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| Alva State Bank & Trust Company PPP 2020, PPP 2021 | All 172 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $31K | 4 |
| 2/4/2021 | second | $31K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Long Gas Co., Inc.
Long Gas Co., Inc. is a retail trade company in Alva, Oklahoma, in business since 2003. Its estimated annual revenue is about $4.2M, with roughly $446K of EBITDA. It has about 4 employees. Its estimated business value is $1.1M (likely range $563K–$1.5M).
Common questions
- Who owns Long Gas Co., Inc.?
- The owner of Long Gas Co., 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 Long Gas Co., Inc. make?
- SeeBITDA estimates Long Gas Co., Inc.'s annual revenue at about $4.2M (likely between $2.8M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Long Gas Co., Inc. worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $446K, typical for a retail trade company its size. Likely range: $563K–$1.5M.
- How many employees does Long Gas Co., Inc. have?
- About 4, as reported on its PPP loan.
- When was Long Gas Co., Inc. founded?
- Long Gas Co., Inc. has been in business since 2003.