Oklahoma Refrigerated Services, LLC
How we got $838K
Based on its 6 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.
What they do
Oklahoma Refrigerated Services is a service-oriented company offering refrigeration and warehousing for food industry companies, including meats, fruits, vegetables, dairy, commodities and shelf-stable goods.
From the company's website. Industry: Refrigerated Warehousing and Storage.
Estimated value over time
▲ 99% 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 |
|---|---|---|
| OKLAHOMA REFRIGERATED SERVICES, LLC this business | $2.3M | — |
| J AND S DISTRIBUTIONS LLC Oklahoma City · 29 employees | $8.6M | 1.5 mi |
| ACE TRANSFER & STORAGE CO Oklahoma City · 78 employees | $7.7M | 1.8 mi |
| BELLA STORAGE CORP Oklahoma City · 3 employees | $306K | 4.6 mi |
| JDJ PROPERTIES LLC Oklahoma City · 4 employees | $393K | 4.7 mi |
| THOMPSON SCHOOL BOOK DEPOSITORY INC. Oklahoma City · 9 employees | $2.3M | 5.3 mi |
| ON-SITE STORAGE LLC Oklahoma City · 1 employees | $153K | 5.8 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $279K |
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 | $838K |
| Multiple for this size and industry | 3× |
| Value range | $441K – $1.1M |
| Revenue range | $1.5M – $2.7M |
| EBITDA range | $184K – $319K |
| Industry (NAICS) | Refrigerated Warehousing and Storage (493120) |
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
Advisors
- BankingSimmons 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
| Simmons Bank PPP 2020 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $69K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Oklahoma Refrigerated Services, LLC
Oklahoma Refrigerated Services, LLC is a refrigerated warehousing and storage company in Oklahoma City, Oklahoma, in business since 2003. Its estimated annual revenue is about $2.3M, with roughly $279K of EBITDA. It has about 6 employees. Its estimated business value is $838K (likely range $441K–$1.1M).
Common questions
- Who owns Oklahoma Refrigerated Services, LLC?
- The owner of Oklahoma Refrigerated Services, 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 Oklahoma Refrigerated Services, LLC make?
- SeeBITDA estimates Oklahoma Refrigerated Services, LLC's annual revenue at about $2.3M (likely between $1.5M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Oklahoma Refrigerated Services, LLC worth?
- About $838K, roughly 3× its estimated EBITDA of $279K, typical for a refrigerated warehousing and storage company its size. Likely range: $441K–$1.1M.
- How many employees does Oklahoma Refrigerated Services, LLC have?
- About 6, as reported on its PPP loan.
- When was Oklahoma Refrigerated Services, LLC founded?
- Oklahoma Refrigerated Services, LLC has been in business since 2003.