SeeBITDAOklahoma

Grays Saw Mill

Cut Stock, Resawing Lumber, and Planing
Estimated valueLow confidence
$426K
$106Klikely range$763K
About 2.5× its yearly profit, typical for a company this size in its industry.
Revenue
$1.3M
a year
Profit (EBITDA)
$171K
14% of revenue
Employees
—
not reported
Leadership
B. Chad Gray
Owner/Operator · source · confirmed by 2 sources
Likely to sell

How we got $426K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical cut stock, resawing lumber, and planing business in Oklahoma$1.3M
Revenue$1.3M
× 14% profit margin$171K
× 2.5 sale multiple = value$426K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 90 years (since 1936)
  • 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

Gray's Sawmill in Durant, OK buys hardwood logs grown in its area and processes them into rough, green lumber, primarily used for oil field and pipe line construction.

Products & services
Rough sawn hardwood lumberRough, green lumber
Markets served
Pipe line construction
Service area
Durant, OK

From the company's website. Industry: Cut Stock, Resawing Lumber, and Planing.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Grays Saw Mill
this business
$1.3M$171K—
NEW VISION MANUFACTURING LLC
Madill · 214 employees
$98.4M$10.5M26.5 mi
B&B LOG & LUMBER CO., INC.
Atoka · 13 employees
$3.9M$582K28.7 mi
RED RIVER PALLET, INC.
Marietta · 31 employees
$9.9M$1.3M46.3 mi
PALLET PLUS LLC
Davis · 9 employees
$2.1M$345K56.9 mi
PALLETS PLUS LLC
Davis · 3 employees
$1.6M$263K56.9 mi

The full calculation

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$426K
Multiple for this size and industry2.5×
Value range$106K – $763K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Cut Stock, Resawing Lumber, and Planing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (14%). Treat these as a rough guide.

Revenue range$391K – $1.9M
EBITDA range$53K – $254K
Industry (NAICS)Cut Stock, Resawing Lumber, and Planing (321912)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 1936 by A.P. Gray
“Gray's Sawmill was founded in 1936 by A.P. Gray who started hewing railroad cross ties by hand with a broad ax.”

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.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Grays Saw Mill

Grays Saw Mill is a cut stock, resawing lumber, and planing company in Durant, Oklahoma, in business since 1936. It is owned by B. Chad Gray (Owner/Operator). Its estimated annual revenue is about $1.3M, with roughly $171K of EBITDA. Its estimated business value is $426K (likely range $106K–$763K).

Common questions

Who owns Grays Saw Mill?
Grays Saw Mill is owned by B. Chad Gray (Owner/Operator), according to public sources such as the company's website or filings.
How much revenue does Grays Saw Mill make?
SeeBITDA estimates Grays Saw Mill's annual revenue at about $1.3M (likely between $391K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Grays Saw Mill worth?
About $426K, roughly 2.5× its estimated EBITDA of $171K, typical for a cut stock, resawing lumber, and planing company its size. Likely range: $106K–$763K.
When was Grays Saw Mill founded?
Grays Saw Mill has been in business since 1936.
Is Grays Saw Mill for sale?
There's no public listing, but it shows signs that often come before a sale: in business 90 years (since 1936); no family successor named on its website.