SeeBITDAOklahoma

Simply Self Storage - OKC/Western Ave

Lessors of Real Estate
  • 8200 N Western Ave, Oklahoma City, OK
  • Since 2003
  • NAICS 5311
Estimated valueLow confidence
$1.6M
$558Klikely range$2.8M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$1.7M
a year
Profit (EBITDA)
$547K
32% of revenue
Employees
—
not reported
Leadership
Paul Spittle
Senior Vice President, Acquisitions · source · confirmed by 2 sources
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $1.6M

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

A typical lessors of real estate business in Oklahoma$1.7M
Revenue$1.7M
× 32% profit margin$547K
× 3 sale multiple = value$1.6M

· 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 23 years (since 2003)

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Simply Self Storage - OKC/Western Ave
this business
$1.7M$547K—
Public Storage
Oklahoma City
$1.7M$547K0.0 mi
Advantage Storage
Oklahoma City
$8.6M$2.3M0.0 mi
BULWARK PROPERTIES
Oklahoma City · 2 employees
$792K$253K0.3 mi
DJ/KJ MANAGEMENT INC
Oklahoma City · 2 employees
$1.1M$361K0.3 mi
WIDE RIVER INVESTMENTS
Oklahoma City · 2 employees
$795K$254K0.3 mi
COMPLETE HOME RENTALS, LLC
Oklahoma City · 33 employees
$17.9M$3.9M0.4 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$1.6M
Multiple for this size and industry3×
Value range$558K – $2.8M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Lessors of Real Estate businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (32%). Treat these as a rough guide.

Revenue range$728K – $2.4M
EBITDA range$232K – $770K
Industry (NAICS)Lessors of Real Estate (5311)

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

Public records

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

About Simply Self Storage - OKC/Western Ave

Simply Self Storage - OKC/Western Ave is a lessors of real estate company in Oklahoma City, Oklahoma, in business since 2003. It is owned by Paul Spittle (Senior Vice President, Acquisitions). Its estimated annual revenue is about $1.7M, with roughly $547K of EBITDA. Its estimated business value is $1.6M (likely range $558K–$2.8M).

Common questions

Who owns Simply Self Storage - OKC/Western Ave?
Simply Self Storage - OKC/Western Ave is owned by Paul Spittle (Senior Vice President, Acquisitions), according to public sources such as the company's website or filings.
How much revenue does Simply Self Storage - OKC/Western Ave make?
SeeBITDA estimates Simply Self Storage - OKC/Western Ave's annual revenue at about $1.7M (likely between $728K and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Simply Self Storage - OKC/Western Ave worth?
About $1.6M, roughly 3× its estimated EBITDA of $547K, typical for a lessors of real estate company its size. Likely range: $558K–$2.8M.
When was Simply Self Storage - OKC/Western Ave founded?
Simply Self Storage - OKC/Western Ave has been in business since 2003.