First Circle Manufacturing
How we got $1.2M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 35 years (since 1991)
From public records and the company's website, not a statement that it's for sale.
What they do
First Circle Furniture is an Oklahoma City business that hand-crafts furniture, with a line item collection and custom furniture. Its roots go back to interior decorator Warren Ramsey and it says it started cutting wood in 1991.
From the company's website. Industry: Manufacturing.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| First Circle Manufacturing this business | $3.0M | — |
| VINYARD FRUIT & VEGETABLE COMPANY Oklahoma City · 115 employees | $85.5M | 0.2 mi |
| Hardware Factory Store Okc Oklahoma City | $3.0M | 0.3 mi |
| Mammoth Clay Company Oklahoma City | $3.0M | 0.4 mi |
| M-d Building Products Inc Oklahoma City | $6.0M | 0.4 mi |
| Homewetbar Custom Gifts Oklahoma City | $3.0M | 0.4 mi |
| Artform Oklahoma City | $3.0M | 0.7 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 industry | 3× |
| Value range | $211K – $2.4M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $662K – $5.1M |
| EBITDA range | $88K – $673K |
| Industry (NAICS) | Manufacturing (31) |
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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“The company’s roots go back to Warren Ramsey, a long time and well-loved Oklahoma City interior decorator.”
Leadership
- JCJohn ChaplineTook over the business after Warren Ramsey's death · Company website · source
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 First Circle Manufacturing
First Circle Manufacturing is a manufacturing company in Oklahoma City, Oklahoma, in business since 1991. Its estimated annual revenue is about $3.0M, with roughly $400K of EBITDA. Its estimated business value is $1.2M (likely range $211K–$2.4M).
Common questions
- Who owns First Circle Manufacturing?
- The owner of First Circle Manufacturing 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 First Circle Manufacturing make?
- SeeBITDA estimates First Circle Manufacturing's annual revenue at about $3.0M (likely between $662K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Circle Manufacturing worth?
- About $1.2M, roughly 3× its estimated EBITDA of $400K, typical for a manufacturing company its size. Likely range: $211K–$2.4M.
- When was First Circle Manufacturing founded?
- First Circle Manufacturing has been in business since 1991.