Shawnee Milling
How we got $944K
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 120 years (since 1906)
- Family in the business (Bob Ford, Executive Vice President)
From public records and the company's website, not a statement that it's for sale.
What they do
Shawnee Milling Company is a family-owned flour, corn meal and mix producer in Shawnee, Oklahoma, offering custom milling and mixing. Its main focus is supplying the food service industry, including restaurant chains and institutions.
From the company's website. Industry: Support Activities for Crop Production.
Customers & suppliers
Customers
- Agricultural Marketing Service · federal contracts $7.2M
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MAZZIO'S LLC · Tulsa, 79 mi · $80.0M
- SANTIAGO-BRENNAN'S MCDONALD'S INC. · Edmond, 39 mi · $74.6M
- REW III LLC · Tulsa, 79 mi · $70.4M
- OZARK PIZZA COMPANY, LLC · Oklahoma City, 43 mi · $67.7M
- HIDEAWAY- 2 INC · Tulsa, 77 mi · $63.9M
- PERSIMMON RIDGE LLC · Tulsa, 77 mi · $116.9M
- OKLAHOMA BAPTIST UNIVERSITY · Shawnee, 2 mi · $76.0M
- SOUTHERN NAZARENE UNIVERSITY · Bethany, 42 mi · $72.1M
- OKLAHOMA CHRISTIAN UNIVERSITY, INC. - NONPROFIT (NO BUSINESS · Oklahoma City, 37 mi · $71.2M
- COMMUNITY ACTION PROJECT OF TULSA COUNTY, INC. · Tulsa, 78 mi · $68.9M
Employees over time
▼ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 199 | $58.4M |
| 2021 | Form 5500 | 157 | $46.1M |
| 2022 | Form 5500 | 161 | $47.3M |
| 2023 | Form 5500 | 177 | $52.0M |
| 2024 | Form 5500 | 178 | $52.3M |
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 |
|---|---|---|
| Shawnee Milling this business | $2.6M | — |
| Pottawatomie County OSU Extension Shawnee | $2.6M | 3.4 mi |
| VANANTWERP TRACTOR SERVICES LLC Shawnee · 1 employees | $258K | 6.4 mi |
| J&J Feeds Paden | $2.6M | 21.3 mi |
| Ruzycki Farms Flower Market Harrah | $2.6M | 21.3 mi |
| DH Farm Equipment Paden | $2.6M | 21.3 mi |
| Little Blue Tractor Service Oklahoma County | $2.6M | 24.4 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 | $944K |
| Multiple for this size and industry | 3× |
| Value range | $188K – $1.6M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Support Activities for Crop Production 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 | $659K – $3.8M |
| EBITDA range | $78K – $448K |
| Industry (NAICS) | Support Activities for Crop Production (1151) |
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
“In 1906, J. Lloyd Ford started Shawnee Milling Company with his family and set standards of excellence that are upheld today by the third generation of the Ford family, who run the mill today.”
Leadership
- BFBob FordExecutive Vice President · Company website · source
- DMDub MinerPlant Superintendent · Company website · source
- WLWilliam Leslie FordThird president · Company website · source
- LLLeslie L. FordSecond president · Company website · source
Advisors
- AccountingEide Bailly LLPAudits its 401(k) plan (2024 filing)
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 Shawnee Milling
Shawnee Milling is a family-owned support activities for crop production company in Shawnee, Oklahoma, in business since 1906. It is owned by Joe Ford (President). Its estimated annual revenue is about $2.6M, with roughly $315K of EBITDA. It has about 178 employees. Its estimated business value is $944K (likely range $188K–$1.6M).
Common questions
- Who owns Shawnee Milling?
- Shawnee Milling is owned by Joe Ford (President), according to public sources such as the company's website or filings.
- How much revenue does Shawnee Milling make?
- SeeBITDA estimates Shawnee Milling's annual revenue at about $2.6M (likely between $659K and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shawnee Milling worth?
- About $944K, roughly 3× its estimated EBITDA of $315K, typical for a support activities for crop production company its size. Likely range: $188K–$1.6M.
- How many employees does Shawnee Milling have?
- About 178, from its 2024 retirement-plan filing.
- When was Shawnee Milling founded?
- Shawnee Milling has been in business since 1906.