SeeBITDAOklahoma

Steve's Propane

Manufacturing
  • 37507 Waco Rd, Bethel Acres, OK
  • Since 2003
  • Family-owned, 4th generation
Estimated valueLow confidence
$1.2M
$211Klikely range$2.4M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$3.0M
a year
Profit (EBITDA)
$400K
13% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $1.2M

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

A typical manufacturing business in Oklahoma$3.0M
Revenue$3.0M
× 13% profit margin$400K
× 3 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 23 years (since 2003)

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

What they do

Steve's Propane is a family-owned propane business in Bethel Acres, OK that delivers propane and handles tank installation, repairs, sales and leasing for residential and commercial customers.

Products & services
Propane DeliveryTank Installation & RepairsTank Sales & LeasingPropane Cylinder RefillingFull-Service Refill StationPortable cylindersGrill bottlesRV bottlesMotorhomesForklift bottles100lb home cylinders
Markets served
ResidentialCommercial
Service area
ShawneeChoctawNormanMooreOK
Certifications
Certified technicians

From the company's website. Industry: Manufacturing.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Steve's Propane
this business
$3.0M$400K—
DEFINE BOUTIQUE LLC
Tecumseh · 6 employees
$1.4M$155K3.3 mi
NORMco Pump and Power
Shawnee
$3.0M$400K3.4 mi
Al-ko Kober Corporation
Shawnee
$3.0M$400K4.1 mi
2 Okies Salsa
Tecumseh
$3.0M$400K4.5 mi
Central Plastics Co.
Shawnee
$3.0M$400K4.5 mi
COFFEE N CRAFTS LLC
Shawnee · 3 employees
$1.1M$125K4.6 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 industry3×
Value range$211K – $2.4M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.

Revenue range$661K – $5.1M
EBITDA range$88K – $673K
Industry (NAICS)Manufacturing (31)

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

People & advisors

Family-owned · 4th generation
“For four generations, the Robbins family has served our customers’ propane needs with passion and proficiency.”

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

DOT motor carrier
USDOT 1166896 · hazmat
Trucks (power units)9
Drivers6
Miles (2024)105,000
Registered with DOT2003

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Steve's Propane

Steve's Propane is a family-owned manufacturing company in Bethel Acres, Oklahoma, in business since 2003. Its estimated annual revenue is about $3.0M, with roughly $400K of EBITDA. Its estimated business value is $1.2M (likely range $211K–$2.4M).

Common questions

Who owns Steve's Propane?
The owner of Steve's Propane 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 Steve's Propane make?
SeeBITDA estimates Steve's Propane's annual revenue at about $3.0M (likely between $661K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Steve's Propane worth?
About $1.2M, roughly 3× its estimated EBITDA of $400K, typical for a manufacturing company its size. Likely range: $211K–$2.4M.
When was Steve's Propane founded?
Steve's Propane has been in business since 2003.