Grigsby's Carpet Tile and Hardwood
How we got $1.2M
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 67 years (since 1959)
- Family in the business (David Stover, Co-manager (named alongside Penny Carnino as managing Grigsb)
From public records and the company's website, not a statement that it's for sale.
What they do
Grigsby's Carpet, Tile and Hardwood is a flooring contractor and showroom in Tulsa, Oklahoma, selling and installing carpet, hardwood, luxury vinyl, laminate, tile and countertops for residential and commercial customers.
From the company's website. Industry: Building Material and Garden Equipment and Supplies Dealers.
Employees over time
▼ 4% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 25 | $8.9M |
| 2021 | Form 5500 | 28 | $10.0M |
| 2022 | Form 5500 | 22 | $7.8M |
| 2023 | Form 5500 | 29 | $10.3M |
| 2024 | Form 5500 | 24 | $8.6M |
| 2025 | Form 5500 | 24 | $8.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Grigsby's Carpet Tile and Hardwood this business | $4.2M | — |
| Take 5 Oil Change Tulsa | $5.2M | 0.1 mi |
| Advance Auto Parts Tulsa | $2.3M | 0.1 mi |
| Tulsa Wholesale Cars Tulsa | $22.7M | 0.1 mi |
| Schaller Hardwood Lumber Tulsa | $4.2M | 0.2 mi |
| Fogue & Bates Tulsa | $3.0M | 0.2 mi |
| CAFE CABANA, L.L.C. Tulsa · 7 employees | $1.3M | 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 | $1.2M |
| Multiple for this size and industry | 2.4× |
| Value range | $375K – $2.1M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Building Material and Garden Equipment and Supplies Dealers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (12%). Treat these as a rough guide.
| Revenue range | $1.6M – $6.0M |
| EBITDA range | $195K – $716K |
| Industry (NAICS) | Building Material and Garden Equipment and Supplies Dealers (444) |
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
“For 67 years, Grigsby’s Carpet, Tile & Hardwood has been helping families and businesses across Northeastern Oklahoma create spaces they love.”
Leadership
- PCPenny CarninoManager · Company website · source
- DSDavid StoverCo-manager (named alongside Penny Carnino as managing Grigsb · Company website · source
- RMRandy MountCommercial salesman · Company website · source
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 Grigsby's Carpet Tile and Hardwood
Grigsby's Carpet Tile and Hardwood is a family-owned building material and garden equipment and supplies dealers company in Tulsa, Oklahoma, in business since 1959. It is owned by Dub Stover. Its estimated annual revenue is about $4.2M, with roughly $498K of EBITDA. It has about 24 employees. Its estimated business value is $1.2M (likely range $375K–$2.1M).
Common questions
- Who owns Grigsby's Carpet Tile and Hardwood?
- Grigsby's Carpet Tile and Hardwood is owned by Dub Stover, according to public sources such as the company's website or filings.
- How much revenue does Grigsby's Carpet Tile and Hardwood make?
- SeeBITDA estimates Grigsby's Carpet Tile and Hardwood's annual revenue at about $4.2M (likely between $1.6M and $6.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Grigsby's Carpet Tile and Hardwood worth?
- About $1.2M, roughly 2.4× its estimated EBITDA of $498K, typical for a building material and garden equipment and supplies dealers company its size. Likely range: $375K–$2.1M.
- How many employees does Grigsby's Carpet Tile and Hardwood have?
- About 24, from its 2025 retirement-plan filing.
- When was Grigsby's Carpet Tile and Hardwood founded?
- Grigsby's Carpet Tile and Hardwood has been in business since 1959.