Promart
How we got $399K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Progressive Energy, LLC is a fuel marketing and distribution company supplying branded and unbranded fuel, along with transport and sales services. It also owns and operates convenience stores in Southern Oklahoma.
From the company's website. Industry: Food and Beverage Retailers.
Customers & suppliers
Suppliers & brands
- Conoco · brand it sells or installs
- Phillips · brand it sells or installs
- Valero · brand it sells or installs
- Shamrock · brand it sells or installs
- Cenex · brand it sells or installs
- Finish Line Fuels · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BILLINGSLEY HOLDING CO., LLC · Ardmore, 0 mi · $256.9M
- BADGER VALLEY INVESTMENTS, LLC · Pauls Valley, 40 mi · $223.5M
- BADGER VALLEY ENTERPRISES, LLC · Pauls Valley, 40 mi · $179.8M
- PATRIOT AUTO GROUP 5, LLC · Ardmore, 1 mi · $91.1M
- MONGOOSE ENTERPRISES OF ADA, LLC · Ada, 51 mi · $86.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Promart this business | $3.0M | — |
| Sinclair Gas Station Ardmore | $5.2M | 0.0 mi |
| Phillips 66 Ardmore | $5.2M | 0.0 mi |
| Gypsy Ruffles Farmhouse Spurs Ardmore | $4.0M | 0.0 mi |
| McCoy's Building Supply Ardmore | $12.1M | 0.1 mi |
| Bingo Burger Store Ardmore | $3.0M | 0.2 mi |
| CARTER COUNTY DODGE CHRYSLER JEEP LLC Ardmore · 58 employees | $84.6M | 0.2 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 | $399K |
| Multiple for this size and industry | 2× |
| Value range | $151K – $617K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Food and Beverage Retailers 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 | $1.4M – $3.8M |
| EBITDA range | $94K – $257K |
| Industry (NAICS) | Food and Beverage Retailers (445) |
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 Promart
Promart is a food and beverage retailers company in Ardmore, Oklahoma, in business since 2010. Its estimated annual revenue is about $3.0M, with roughly $199K of EBITDA. Its estimated business value is $399K (likely range $151K–$617K).
Common questions
- Who owns Promart?
- The owner of Promart 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 Promart make?
- SeeBITDA estimates Promart's annual revenue at about $3.0M (likely between $1.4M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Promart worth?
- About $399K, roughly 2× its estimated EBITDA of $199K, typical for a food and beverage retailers company its size. Likely range: $151K–$617K.
- When was Promart founded?
- Promart has been in business since 2010.