Merrick Drive Storage LLC
How we got $786K
Based on its 2 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 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Merrick Drive Storage, LLC offers clean, secure self storage with over 600 classic and climate-controlled units in Ardmore, OK, serving personal and business storage needs.
From the company's website. Industry: Lessors of Miniwarehouses and Self-Storage Units.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- RED RIVER COLD STORAGE LLC · Madill, 23 mi · $2.4M
Estimated value over time
▲ 29% 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 |
|---|---|---|
| MERRICK DRIVE STORAGE LLC this business | $1.0M | — |
| Devon Self Storage Ardmore | $6.9M | 0.7 mi |
| C & H Mini Storage Ardmore | $1.7M | 0.8 mi |
| GIRLS ON THE RUN OF SOUTHERN OKLAHOMA INC Ardmore · 5 employees | $149K | 1.2 mi |
| ARDMORE ROD & GUN CLUB Ardmore · 1 employees | $778K | 1.4 mi |
| UAA, LLC Ardmore · 2 employees | $911K | 1.4 mi |
| THE COLSTON CORPORATION Ardmore · 3 employees | $1.8M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $726K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 32% |
| EBITDA = revenue × margin | $327K |
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 | $786K |
| Multiple for this size and industry | 2.4× |
| Value range | $413K – $1.1M |
| Revenue range | $674K – $1.2M |
| EBITDA range | $215K – $373K |
| Industry (NAICS) | Lessors of Miniwarehouses and Self-Storage Units (531130) |
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 |
|---|---|---|---|
| 4/10/2020 | first | $8K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Merrick Drive Storage LLC
Merrick Drive Storage LLC is a lessors of miniwarehouses and self-storage units company in Ardmore, Oklahoma, in business since 2010. Its estimated annual revenue is about $1.0M, with roughly $327K of EBITDA. It has about 2 employees. Its estimated business value is $786K (likely range $413K–$1.1M).
Common questions
- Who owns Merrick Drive Storage LLC?
- The owner of Merrick Drive Storage LLC 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 Merrick Drive Storage LLC make?
- SeeBITDA estimates Merrick Drive Storage LLC's annual revenue at about $1.0M (likely between $674K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Merrick Drive Storage LLC worth?
- About $786K, roughly 2.4× its estimated EBITDA of $327K, typical for a lessors of miniwarehouses and self-storage units company its size. Likely range: $413K–$1.1M.
- How many employees does Merrick Drive Storage LLC have?
- About 2, as reported on its PPP loan.
- When was Merrick Drive Storage LLC founded?
- Merrick Drive Storage LLC has been in business since 2010.