SeeBITDAOklahoma

Midwest Propagation Nursery

Agriculture, Forestry, Fishing
Estimated valueLow confidence
$856K
$235Klikely range$1.5M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$4.1M
a year
Profit (EBITDA)
$285K
7% of revenue
Employees
—
not reported
Leadership
Galt Ormiston
Co Owner · 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 $856K

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

A typical agriculture, forestry, fishing business in Oklahoma$4.1M
Revenue$4.1M
× 7% profit margin$285K
× 3 sale multiple = value$856K

· 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 16 years (since 2010)
  • Family in the business (Laurie Ormiston, Co Owner)

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

What they do

Midwest Propagation Nursery is a plant nursery in Oklahoma City that cultivates Oklahoma native plants, perennials, trees, shrubs, xeric plants, grasses and ground cover, sold online or in store by appointment.

Products & services
Oklahoma native plantsperennialstreesshrubsxeric plantsgrassesground coverbulk plants
Markets served
general public
Service area
OklahomaOKC metro

From the company's website. Industry: Agriculture, Forestry, Fishing.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Midwest Propagation Nursery
this business
$4.1M$285K—
ROBERTS JOINT VENTURE, LLC
Jones · 14 employees
$5.3M$748K4.3 mi
Deep Fork Tree Farm
Arcadia
$1.4M$234K4.7 mi
SORGHUM MILL TREE AND BLACK BERRY FARM LLC
Edmond · 2 employees
$1.3M$225K6.9 mi
LANDCOR NURSERY, INC
Arcadia · 7 employees
$3.0M$466K7.0 mi
WILSHIRE TREE FARM LLC
Oklahoma City · 2 employees
$1.3M$223K7.4 mi
CRUTCHO CREEK FARMS LLC
Midwest City · 20 employees
$7.6M$938K8.8 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$856K
Multiple for this size and industry3×
Value range$235K – $1.5M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agriculture, Forestry, Fishing 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 – $5.9M
EBITDA range$98K – $414K
Industry (NAICS)Agriculture, Forestry, Fishing (111421)

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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 2010 by Galt Ormiston
“Established in 2010, owner Galt Ormiston set up a greenhouse seated on a residential property in Oklahoma City.”

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 Midwest Propagation Nursery

Midwest Propagation Nursery is an agriculture, forestry, fishing company in Jones, Oklahoma, in business since 2010. It is owned by Galt Ormiston (Co Owner). Its estimated annual revenue is about $4.1M, with roughly $285K of EBITDA. Its estimated business value is $856K (likely range $235K–$1.5M).

Common questions

Who owns Midwest Propagation Nursery?
Midwest Propagation Nursery is owned by Galt Ormiston (Co Owner), according to public sources such as the company's website or filings.
How much revenue does Midwest Propagation Nursery make?
SeeBITDA estimates Midwest Propagation Nursery's annual revenue at about $4.1M (likely between $1.4M and $5.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Midwest Propagation Nursery worth?
About $856K, roughly 3× its estimated EBITDA of $285K, typical for a agriculture, forestry, fishing company its size. Likely range: $235K–$1.5M.
When was Midwest Propagation Nursery founded?
Midwest Propagation Nursery has been in business since 2010.