Back 40 Realty
How we got $740K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Back 40 Realty is a real estate brokerage serving the Southern Oklahoma and North Texas property market, with a property search site and listings for home buyers and sellers.
From the company's website. Industry: Offices of Real Estate Agents and Brokers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Back 40 Realty this business | $966K | — |
| Love Tiny Homes, LLC Thackerville | $966K | 2.0 mi |
| Luxel Llc Marietta | $966K | 10.0 mi |
| Riley & Co. Marietta | $966K | 10.1 mi |
| Re/Max Lake Country Marietta | $966K | 10.1 mi |
| Frances No. 1 Realty, LLC Marietta | $966K | 11.2 mi |
| Martin's Landing Rentals-Lake Murray Ardmore | $966K | 20.8 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 | $740K |
| Multiple for this size and industry | 2.4× |
| Value range | $322K – $1.1M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Offices of Real Estate Agents and Brokers 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 | $526K – $1.2M |
| EBITDA range | $168K – $385K |
| Industry (NAICS) | Offices of Real Estate Agents and Brokers (5312) |
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 Back 40 Realty
Back 40 Realty is an offices of real estate agents and brokers company in Thackerville, Oklahoma, in business since 2023. It is owned by Nina Christopher. Its estimated annual revenue is about $966K, with roughly $309K of EBITDA. Its estimated business value is $740K (likely range $322K–$1.1M).
Common questions
- Who owns Back 40 Realty?
- Back 40 Realty is owned by Nina Christopher, according to public sources such as the company's website or filings.
- How much revenue does Back 40 Realty make?
- SeeBITDA estimates Back 40 Realty's annual revenue at about $966K (likely between $526K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Back 40 Realty worth?
- About $740K, roughly 2.4× its estimated EBITDA of $309K, typical for a offices of real estate agents and brokers company its size. Likely range: $322K–$1.1M.
- When was Back 40 Realty founded?
- Back 40 Realty has been in business since 2023.