SeeBITDAOklahoma

Med Valet Inc

All Other Personal Services
  • 3535 NW 58TH ST Suite 920, Oklahoma City, OK
  • 2 locations
  • Since 1996
  • NAICS 812990
Estimated valueMedium confidence
$1.8M
$926Klikely range$2.4M
About 3.2× its yearly profit, typical for a company this size in its industry.
Revenue
$3.4M
a year
Profit (EBITDA)
$550K
16% of revenue
Employees
28
reported in 2020
Leadership
Larry Cranmer
Founder · source · confirmed by 2 sources
Likely to sell

How we got $1.8M

Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.

28 employees × $119K each$3.3M
PPP payroll ÷ payroll's usual share of revenue$2.7M
Shown toward the top of its range×1.14
Revenue$3.4M
× 16% profit margin$550K
× 3.2 sale multiple = value$1.8M

· Own this business? Correct these figures

Estimated value over time

▲ 43% since 2020
$0$1.0M$2.0M20202026

Today'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

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named
2 locations found

Signs of a sale Likely to sell

  • In business 30 years (since 1996)
  • Founder still runs it after 30 years
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Med Valet Corporation provides professional valet and guest services for medical facilities such as hospitals and clinics in Oklahoma. Its subsidiaries Star Valet and Shuttle Shuffle offer valet and shuttle transportation services for non-medical venues and organizations.

Products & services
Professional valet servicesGuest servicesShuttle fleetsSpecialty transportTurnkey valet service
Markets served
HospitalsClinicsMedical facilitiesHotels and HospitalsSenior Living CommunitiesChurchesCasinos and Race TracksAirports and Shopping Centers
Service area
Greater OklahomaOklahoma CityNormanStillwaterLawtonOklahoma
Certifications
Fully bonded, insured, and licensedHIPAA awareness

From the company's website. Industry: All Other Personal Services.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Doctors & clinics
Hotels & motels
Home health & senior care

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
MED VALET INC
this business
$3.4M$550K—
THE IDELL GROUP INC
Oklahoma City · 1 employees
$211K$49K0.0 mi
CMTD SOLUTIONS LLC
Oklohoma City
$2.3M$415K0.6 mi
Bethany Paws Grooming
Oklahoma City
$728K$168K0.7 mi
SEEMAS BEAUTY SALOON LLC
Oklahoma City · 4 employees
$1.2M$227K0.7 mi
REFRESH CREATIVE MANAGEMENT, INC.
Oklahoma City · 1 employees
$332K$77K1.0 mi
Mojo's Pet Grooming
Oklahoma City
$728K$168K1.0 mi

The full calculation

Employees reported to the SBA28
Revenue from headcount (employees × revenue per employee for companies this size)$3.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.7M
Estimate: the two combined (geometric mean)$3.4M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$550K

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$1.8M
Multiple for this size and industry3.2×
Value range$926K – $2.4M
Revenue range$2.2M – $3.9M
EBITDA range$362K – $627K
Industry (NAICS)All Other Personal Services (812990)

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

History & advisors

Founded 1996 by Larry Cranmer

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

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$109K$111K28RCB Bank
1/28/2021second$109K$110K13RCB Bank

2 locations

3535 NW 58TH ST Suite 920Oklahoma CityThis listing
4200 W Memorial RdOklahoma CityView

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 Med Valet Inc

Med Valet Inc is an all other personal services company in Oklahoma City, Oklahoma, in business since 1996. It is owned by Larry Cranmer (Founder). Its estimated annual revenue is about $3.4M, with roughly $550K of EBITDA. It has about 28 employees. Its estimated business value is $1.8M (likely range $926K–$2.4M). It has 2 locations.

Common questions

Who owns Med Valet Inc?
Med Valet Inc is owned by Larry Cranmer (Founder), according to public sources such as the company's website or filings.
How much revenue does Med Valet Inc make?
SeeBITDA estimates Med Valet Inc's annual revenue at about $3.4M (likely between $2.2M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Med Valet Inc worth?
About $1.8M, roughly 3.2× its estimated EBITDA of $550K, typical for a all other personal services company its size. Likely range: $926K–$2.4M.
How many employees does Med Valet Inc have?
About 28, as reported on its PPP loan.
When was Med Valet Inc founded?
Med Valet Inc has been in business since 1996.
Is Med Valet Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 30 years (since 1996); founder still runs it after 30 years; no family successor named on its website.