Larry's Machine Shop (lms)
How we got $1.3M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale High sell likelihood
- In business 47 years (since 1979)
- Founder still runs it after 47 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Larry's Machine Shop (LMS Products) in Perry, Oklahoma specializes in deep hole boring and gun drilling, and says it provides machining services to the machinery industry and manufacturers.
From the company's website. Industry: Machine shops & fabrication.
Customers & suppliers
Suppliers & brands
- Mazak · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Larry's Machine Shop (lms) this business | $2.0M | — |
| LMS PRODUCTS, INC. Perry · 16 employees | $5.2M | 0.2 mi |
| CNC Programming Solutions LLC Perkins | $2.0M | 24.0 mi |
| LYNN'S MACHINE INC Enid · 10 employees | $3.1M | 27.1 mi |
| LYNNS MACHINE INC Enid · 10 employees | $2.8M | 27.1 mi |
| BOWMAN MACHINE LLC Ripley · 1 employees | $298K | 29.4 mi |
| B-B MACHINE SHOP INC Enid · 5 employees | $1.8M | 29.7 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 | $1.3M |
| Multiple for this size and industry | 3.2× |
| Value range | $298K – $2.5M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Machine Shops businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (20%). Treat these as a rough guide.
| Revenue range | $588K – $3.2M |
| EBITDA range | $117K – $640K |
| Industry (NAICS) | Machine Shops (332710) |
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
History & advisors
“The shop was opened by the owner Larry Jarrett in 1979 in a 3,000 square foot facility in downtown Perry.”
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 Larry's Machine Shop (lms)
Larry's Machine Shop (lms) is a machine shops & fabrication company in Perry, Oklahoma, in business since 1979. It is owned by Larry Jarrett. Its estimated annual revenue is about $2.0M, with roughly $392K of EBITDA. Its estimated business value is $1.3M (likely range $298K–$2.5M).
Common questions
- Who owns Larry's Machine Shop (lms)?
- Larry's Machine Shop (lms) is owned by Larry Jarrett, according to public sources such as the company's website or filings.
- How much revenue does Larry's Machine Shop (lms) make?
- SeeBITDA estimates Larry's Machine Shop (lms)'s annual revenue at about $2.0M (likely between $588K and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Larry's Machine Shop (lms) worth?
- About $1.3M, roughly 3.2× its estimated EBITDA of $392K, typical for a machine shops & fabrication company its size. Likely range: $298K–$2.5M.
- When was Larry's Machine Shop (lms) founded?
- Larry's Machine Shop (lms) has been in business since 1979.
- Is Larry's Machine Shop (lms) for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 47 years (since 1979); founder still runs it after 47 years; no family successor named on its website.