SeeBITDAOklahoma

Freedom Ice

Wholesale trade
  • 404 S 122nd East Ave, Tulsa, OK
  • Since 2009
  • Family-owned
  • NAICS 42
Estimated valueLow confidence
$2.4M
$504Klikely range$4.8M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$9.6M
a year
Profit (EBITDA)
$660K
7% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $2.4M

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

A typical wholesale trade business in Oklahoma$9.6M
Revenue$9.6M
× 7% profit margin$660K
× 3.6 sale multiple = value$2.4M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 17 years (since 2009)

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

What they do

Freedom Ice is a local, family-owned business in Tulsa, OK that sells ice wholesale and retail and offers pickup and delivery. It says it has over 45 years of experience in the ice business.

Products & services
Dry iceBagged iceBlock iceCubed IceBulk ice for events and gatheringsLarge blocks for sculptures and lugesBagged ice (sold in 7 lb, 20 lb, and 40 lb bags)Ice pickup and deliverySpecial ice delivery
Service area
Tulsa, OK

From the company's website. Industry: Wholesale trade.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Freedom Ice
this business
$9.6M$660K—
Continental Carbonic Products
Tulsa
$9.6M$660K0.2 mi
Gator Hose
Tulsa
$9.6M$660K0.2 mi
MATHESON
Tulsa
$4.0M$479K0.3 mi
ML2C-B INVESTMENTS, LLC
Tulsa · 5 employees
$4.1M$374K0.3 mi
CASTERS OF OKLAHOMA INC
Tulsa · 13 employees
$9.9M$725K0.6 mi
BUSHYHEAD SALES AND CONSULTING LLC
Tulsa · 4 employees
$4.7M$397K0.6 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$2.4M
Multiple for this size and industry3.6×
Value range$504K – $4.8M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Wholesale trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.

Revenue range$2.6M – $16.1M
EBITDA range$175K – $1.1M
Industry (NAICS)Wholesale trade (42)

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

Family-owned

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

DOT motor carrier
USDOT 1919562
Trucks (power units)4
Drivers6
Miles (2013)25,000
Registered with DOT2009

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

About Freedom Ice

Freedom Ice is a family-owned wholesale trade company in Tulsa, Oklahoma, in business since 2009. Its estimated annual revenue is about $9.6M, with roughly $660K of EBITDA. Its estimated business value is $2.4M (likely range $504K–$4.8M).

Common questions

Who owns Freedom Ice?
The owner of Freedom Ice 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 Freedom Ice make?
SeeBITDA estimates Freedom Ice's annual revenue at about $9.6M (likely between $2.6M and $16.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Freedom Ice worth?
About $2.4M, roughly 3.6× its estimated EBITDA of $660K, typical for a wholesale trade company its size. Likely range: $504K–$4.8M.
When was Freedom Ice founded?
Freedom Ice has been in business since 2009.