Blue Rhino Tank Exchange
How we got $14.1M
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 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Blue Rhino is a propane tank exchange and home delivery brand, offering swap-out propane tanks at retail stores and propane delivery in select markets. It is part of Ferrellgas and sells to retail stores and consumers.
From the company's website. Industry: Wholesale trade.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Blue Rhino Tank Exchange this business | $48.2M | — |
| Blue Rhino Propane Exchange Newcastle | $9.6M | 0.2 mi |
| HIS AUTO SALES INC. Newcastle · 1 employees | $975K | 1.3 mi |
| DOUG'S SAND & GRAVEL, INC. Newcastle · 2 employees | $2.2M | 1.9 mi |
| Essential Equipment Newcastle | $9.6M | 2.1 mi |
| Blue Rhino Propane Exchange Newcastle | $9.6M | 2.4 mi |
| T&C MEDICAL SERVICES, PLLC Newcastle · 2 employees | $2.7M | 2.5 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 | $14.1M |
| Multiple for this size and industry | 5.2× |
| Value range | $3.0M – $28.1M |
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 (6%). Treat these as a rough guide.
| Revenue range | $12.9M – $80.3M |
| EBITDA range | $724K – $4.5M |
| 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
5 locations
| 3232 Tri City Dr | Newcastle | This listing |
| 2361 Alameda St | Norman | View |
| 2345 N Classen Blvd | Oklahoma City | View |
| 3301 SW 104th St | Oklahoma City | View |
| 6701 S Western Ave | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Blue Rhino Tank Exchange
Blue Rhino Tank Exchange is a wholesale trade company in Newcastle, Oklahoma, in business since 1997. Its estimated annual revenue is about $48.2M, with roughly $2.7M of EBITDA. Its estimated business value is $14.1M (likely range $3.0M–$28.1M). It has 5 locations.
Common questions
- Who owns Blue Rhino Tank Exchange?
- The owner of Blue Rhino Tank Exchange 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 Tank Exchange make?
- SeeBITDA estimates Blue Rhino Tank Exchange's annual revenue at about $48.2M (likely between $12.9M and $80.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Blue Rhino Tank Exchange worth?
- About $14.1M, roughly 5.2× its estimated EBITDA of $2.7M, typical for a wholesale trade company its size. Likely range: $3.0M–$28.1M.
- When was Blue Rhino Tank Exchange founded?
- Blue Rhino Tank Exchange has been in business since 1997.