SeeBITDAOklahoma

ABC Office Furniture

Furniture Retailers
New owners FY2024
Estimated valueLow confidence
$1.2M
$362Klikely range$1.9M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$4.0M
a year
Profit (EBITDA)
$479K
12% of revenue
Employees
—
not reported
Leadership
Winston Water Cooler
Managing Partner · source
Unlikely to sell soon

How we got $1.2M

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

A typical furniture retailers business in Oklahoma$4.0M
Revenue$4.0M
× 12% profit margin$479K
× 2.4 sale multiple = value$1.2M

· 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 Unlikely to sell soon

  • In business 51 years (since 1975)
  • No family successor named on its website
  • Changed hands recently (SBA-financed purchase, FY2024)

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

What they do

ABC Office Furniture is a Oklahoma City office furniture business with 50+ years of serving OKC, selling new and gently used office furniture and offering space planning, assembly and delivery services.

Products & services
ChairsDesksStorageMeetingsUSED & CLEARANCE FURNITUREOffice Space PlanningDeliveryFurniture AssemblyGently UsedClearanceAccessories
Markets served
corporate workspacemeeting roomhome office
Service area
OKCOklahoma City, OK

From the company's website. Industry: Furniture Retailers.

Customers & suppliers

Customers

  • Winston Water Cooler · named on its website

Suppliers & brands

  • Knoll · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
ABC Office Furniture
this business
$4.0M$479K—
ABC ENTERPRISES
Oklahoma City · 6 employees
$2.6M$197K0.0 mi
IRA'S TIRE SHOP INC
Oklahoma City · 6 employees
$1.6M$86K0.1 mi
JOPAC AUTOWORKS LLC
Oklahoma City · 1 employees
$368K$26K0.2 mi
Farry Boutique
Oklahoma City
$1.7M$179K0.2 mi
SALT AND WATER APOTHECARY LC
Oklahoma City · 6 employees
$3.2M$240K0.2 mi
The Candle Bar
Oklahoma City
$4.0M$479K0.2 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$1.2M
Multiple for this size and industry2.4×
Value range$362K – $1.9M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Furniture Retailers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (12%). Treat these as a rough guide.

Revenue range$1.6M – $5.7M
EBITDA range$188K – $677K
Industry (NAICS)Furniture Retailers (449110)

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

History & advisors

Founded 1975 by Leon Rinehart
“In 1975, Leon Rinehart—a scrappy entrepreneur with an excess of used furniture—founded ABC Office Furniture.”

Advisors

  • BankingOklahoma's Federal Credit UnionPPP / 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

Oklahoma's Federal Credit Union
7(a) 2024
All 65 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

Public records

SBA loans
Changed ownership (SBA-financed, FY2024)
Feb 20247(a)$100KOklahoma's Federal Credit Union
Feb 20247(a)$250KOklahoma's Federal Credit Union

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

About ABC Office Furniture

ABC Office Furniture is a furniture retailers company in Oklahoma City, Oklahoma, in business since 1975. It is owned by Winston Water Cooler (Managing Partner). Its estimated annual revenue is about $4.0M, with roughly $479K of EBITDA. Its estimated business value is $1.2M (likely range $362K–$1.9M).

Common questions

Who owns ABC Office Furniture?
ABC Office Furniture is owned by Winston Water Cooler (Managing Partner), according to public sources such as the company's website or filings.
How much revenue does ABC Office Furniture make?
SeeBITDA estimates ABC Office Furniture's annual revenue at about $4.0M (likely between $1.6M and $5.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is ABC Office Furniture worth?
About $1.2M, roughly 2.4× its estimated EBITDA of $479K, typical for a furniture retailers company its size. Likely range: $362K–$1.9M.
When was ABC Office Furniture founded?
ABC Office Furniture has been in business since 1975.