Ops Sales Company
How we got $102.6M
Based on its 188 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 44 years (since 1982)
From public records and the company's website, not a statement that it's for sale.
What they do
OPS Steel is a steel supplier and processing company in Dewey, Oklahoma, serving nationwide partners since 1982 with steel products, pipe cleaning, delivery and toll processing.
From the company's website. Industry: Metal Service Centers and Other Metal Merchant Wholesalers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- DRUMMOND CATTLE LLC · Tulsa, 46 mi · $129.5M
- BERRY & BERRY ACQUISITION · Tahlequah, 81 mi · $93.3M
- J-M FARMS, INC · Miami, 60 mi · $82.0M
- J-M FARMS HOLDING, LLC · Miami, 58 mi · $76.3M
- J-M FOODS, LLC · Miami, 60 mi · $37.0M
Estimated value over time
▲ 24% 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 |
|---|---|---|
| OPS SALES COMPANY this business | $240.8M | — |
| ANTHEM VAULT, INC. Bartlesville · 9 employees | $53.2M | 4.7 mi |
| STEEL SERVICE COMPANY, INC Claremore · 25 employees | $37.2M | 40.1 mi |
| INTERSTATE STEEL & METALS, INC Tulsa · 41 employees | $71.0M | 42.7 mi |
| GREAT PLAINS STAINLESS CO. Tulsa · 9 employees | $22.7M | 44.0 mi |
| STRESSCON, INC Tulsa · 31 employees | $55.6M | 45.1 mi |
| ACE ALLOYS, LLC Catoosa · 8 employees | $20.9M | 45.1 mi |
The full calculation
| Employees reported to the SBA | 188 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $297.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $150.0M |
| Estimate: the two combined (geometric mean) | $240.8M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $14.4M |
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 | $102.6M |
| Multiple for this size and industry | 7.1× |
| Value range | $54.0M – $140.3M |
| Revenue range | $158.4M – $274.5M |
| EBITDA range | $9.5M – $16.5M |
| Industry (NAICS) | Metal Service Centers and Other Metal Merchant Wholesalers (423510) |
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
“OPS Steel has been a trusted name in the steel industry since 1982.”
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 |
|---|---|---|---|
| 4/8/2020 | first | $1.4M | 188 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ops Sales Company
Ops Sales Company is a family-owned metal service centers and other metal merchant wholesalers company in Dewey, Oklahoma, in business since 1982. It is owned by Brian Kimrey (President). Its estimated annual revenue is about $240.8M, with roughly $14.4M of EBITDA. It has about 188 employees. Its estimated business value is $102.6M (likely range $54.0M–$140.3M).
Common questions
- Who owns Ops Sales Company?
- Ops Sales Company is owned by Brian Kimrey (President), according to public sources such as the company's website or filings.
- How much revenue does Ops Sales Company make?
- SeeBITDA estimates Ops Sales Company's annual revenue at about $240.8M (likely between $158.4M and $274.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ops Sales Company worth?
- About $102.6M, roughly 7.1× its estimated EBITDA of $14.4M, typical for a metal service centers and other metal merchant wholesalers company its size. Likely range: $54.0M–$140.3M.
- How many employees does Ops Sales Company have?
- About 188, as reported on its PPP loan.
- When was Ops Sales Company founded?
- Ops Sales Company has been in business since 1982.