Blue Rhino
How we got $2.4M
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 87 years (since 1939)
From public records and the company's website, not a statement that it's for sale.
What they do
Blue Rhino offers propane tank exchange at retail locations, with propane delivery to homes or businesses available in the area. Its site is aimed at consumers seeking propane tanks and at retailers who replenish Blue Rhino propane.
From the company's website. Industry: Wholesale trade.
Customers & suppliers
Suppliers & brands
- Ferrellgas · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Blue Rhino this business | $9.6M | — |
| DT YEAGER INC Ardmore · 1 employees | $2.6M | 1.0 mi |
| Blue Rhino Propane Exchange Ardmore | $9.6M | 5.8 mi |
| Blue Rhino Propane Exchange Mannsville | $9.6M | 5.8 mi |
| MEDICAL EQUIPMENT ASSISTANCE PROGRAM INC Ardmore · 2 employees | $1.4M | 6.0 mi |
| Coca-cola Bottling Co Ardmore | $9.6M | 7.5 mi |
| LUMBERMENS MILLWORK & SUPPLY LLC Ardmore · 8 employees | $10.9M | 7.6 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 industry | 3.6× |
| Value range | $509K – $4.7M |
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 – $16.0M |
| EBITDA range | $177K – $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
People & advisors
“Founded in 1939, Ferrellgas serves propane customers nationwide, providing customers every day with easy propane service.”
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 Blue Rhino
Blue Rhino is a wholesale trade company in Ardmore, Oklahoma, in business since 1939. Its estimated annual revenue is about $9.6M, with roughly $660K of EBITDA. Its estimated business value is $2.4M (likely range $509K–$4.7M).
Common questions
- Who owns Blue Rhino?
- The owner of Blue Rhino 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 Blue Rhino make?
- SeeBITDA estimates Blue Rhino's annual revenue at about $9.6M (likely between $2.6M and $16.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Blue Rhino worth?
- About $2.4M, roughly 3.6× its estimated EBITDA of $660K, typical for a wholesale trade company its size. Likely range: $509K–$4.7M.
- When was Blue Rhino founded?
- Blue Rhino has been in business since 1939.