Rice Man
How we got $580K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
The Rice Man sells wholesale rice jewelry, rice writing supplies, charms and related jewelry-making supplies online, with no minimum order. It ships from five nationwide warehouses.
From the company's website. Industry: Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Rice Man this business | $2.4M | — |
| WILSHIRE-PENNINGTON GROUP INC Oklahoma City · 2 employees | $2.2M | 1.8 mi |
| NORTH AMERICAN TIE & TIMBER, LLC Oklahoma City · 41 employees | $37.6M | 2.0 mi |
| MENT APPAREL Oklahoma City · 1 employees | $1.7M | 2.1 mi |
| COMPUTER DEALERS AND RECYCLERS GLOBAL INC Oklahoma City · 68 employees | $56.1M | 2.2 mi |
| NEURO SPECIALTY SUPPLIES LLC Oklahoma City · 2 employees | $2.0M | 2.9 mi |
| SUMMERS AND PINSKI INC Oklahoma City · 8 employees | $5.9M | 2.9 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 | $580K |
| Multiple for this size and industry | 2.4× |
| Value range | $137K – $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 Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (10%). Treat these as a rough guide.
| Revenue range | $718K – $3.9M |
| EBITDA range | $71K – $385K |
| Industry (NAICS) | Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (423940) |
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. 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 Rice Man
Rice Man is a jewelry, watch, precious stone, and precious metal merchant wholesalers company in Oklahoma City, Oklahoma, in business since 2005. Its estimated annual revenue is about $2.4M, with roughly $242K of EBITDA. Its estimated business value is $580K (likely range $137K–$1.1M).
Common questions
- Who owns Rice Man?
- The owner of Rice Man 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 Rice Man make?
- SeeBITDA estimates Rice Man's annual revenue at about $2.4M (likely between $718K and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rice Man worth?
- About $580K, roughly 2.4× its estimated EBITDA of $242K, typical for a jewelry, watch, precious stone, and precious metal merchant wholesalers company its size. Likely range: $137K–$1.1M.
- When was Rice Man founded?
- Rice Man has been in business since 2005.