Marshall Brewing Company, LLC
How we got $2.1M
Based on its 14 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 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Marshall Brewing Company is a craft brewery in Tulsa, Oklahoma, producing beers sold in its Tap Room, in bottles and cans, and as growlers and kegs. Its website is aimed at adults of legal drinking age.
From the company's website. Industry: Breweries.
Estimated value over time
▲ 33% 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 |
|---|---|---|
| MARSHALL BREWING COMPANY, LLC this business | $2.8M | — |
| AMERICAN SOLERA LLC Tulsa · 19 employees | $3.5M | 0.1 mi |
| CABIN BOYS BREWERY LLC Tulsa · 8 employees | $2.0M | 0.1 mi |
| NOTHING'S LEFT BREWERY CO. LLC Tulsa · 6 employees | $1.4M | 0.3 mi |
| RENAISSANCE BREWING COMPANY LLC Tulsa · 9 employees | $2.1M | 0.6 mi |
| HEIRLOOM RUSTIC ALES, LLC Tulsa · 8 employees | $1.3M | 0.6 mi |
| DEAD ARMADILLO CRAFT BREWING, LLC Tulsa · 13 employees | $2.4M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $553K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 7% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $2.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.3M – $3.3M |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $415K – $719K |
| Industry (NAICS) | Breweries (312120) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“In 2008, with craft brewing growing faster than any other segment in the alcoholic beverage industry, Marshall Brewing Company ushered in a new era of Tulsa Brewing.”
Leadership
- CPCody "The Pup" DriscollBrewer · Company website · source
Advisors
- BankingVast Bank, National AssociationPPP / 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
| Vast Bank, National Association PPP 2020, PPP 2021 | All 359 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $87K | 14 |
| 1/21/2021 | second | $85K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Marshall Brewing Company, LLC
Marshall Brewing Company, LLC is a breweries company in Tulsa, Oklahoma, in business since 2007. It is owned by Eric Marshall (Brewmaster / Founder). Its estimated annual revenue is about $2.8M, with roughly $553K of EBITDA. It has about 14 employees. Its estimated business value is $2.1M (likely range $1.3M–$3.3M).
Common questions
- Who owns Marshall Brewing Company, LLC?
- Marshall Brewing Company, LLC is owned by Eric Marshall (Brewmaster / Founder), according to public sources such as the company's website or filings.
- How much revenue does Marshall Brewing Company, LLC make?
- SeeBITDA estimates Marshall Brewing Company, LLC's annual revenue at about $2.8M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Marshall Brewing Company, LLC worth?
- About $2.1M, roughly 3.8× its estimated EBITDA of $553K, typical for a breweries company its size. Likely range: $1.3M–$3.3M.
- How many employees does Marshall Brewing Company, LLC have?
- About 14, as reported on its PPP loan.
- When was Marshall Brewing Company, LLC founded?
- Marshall Brewing Company, LLC has been in business since 2007.