Lumber 2, Inc
How we got $2.5M
Based on its 16 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 15 years (since 2011)
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 |
|---|---|---|
| LUMBER 2, INC this business | $8.7M | — |
| GARDEN PONDS UNLIMITED LLC Moore · 10 employees | $5.6M | 5.5 mi |
| RWALKER, INC. Oklahoma City · 2 employees | $1.7M | 6.0 mi |
| METRO TURF OUTDOOR POWER EQUIPMENT INC Norman · 14 employees | $8.2M | 8.3 mi |
| LAND CREATIONS GARDEN CENTER Oklahoma City · 8 employees | $4.9M | 9.1 mi |
| WEED WARRIORS LLC Norman · 2 employees | $2.2M | 10.0 mi |
| RED EARTH FARM STORE, INC. Oklahoma City · 12 employees | $7.0M | 10.2 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.4M |
| Estimate: the two combined (geometric mean) | $8.7M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $831K |
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 | $2.5M |
| Multiple for this size and industry | 3× |
| Value range | $1.3M – $3.4M |
| Revenue range | $5.7M – $9.9M |
| EBITDA range | $546K – $947K |
| Industry (NAICS) | Lawn and Garden Equipment and Supplies Retailers (444220) |
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
People & advisors
Advisors
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $96K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lumber 2, Inc
Lumber 2, Inc is a lawn and garden equipment and supplies retailers company in Oklahoma City, Oklahoma, in business since 2011. Its estimated annual revenue is about $8.7M, with roughly $831K of EBITDA. It has about 16 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M).
Common questions
- Who owns Lumber 2, Inc?
- The owner of Lumber 2, 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 Lumber 2, Inc make?
- SeeBITDA estimates Lumber 2, Inc's annual revenue at about $8.7M (likely between $5.7M and $9.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lumber 2, Inc worth?
- About $2.5M, roughly 3× its estimated EBITDA of $831K, typical for a lawn and garden equipment and supplies retailers company its size. Likely range: $1.3M–$3.4M.
- How many employees does Lumber 2, Inc have?
- About 16, as reported on its PPP loan.
- When was Lumber 2, Inc founded?
- Lumber 2, Inc has been in business since 2011.