Iron Storage
How we got $12.2M
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 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Iron Storage rents self storage units in Okemah, OK, with three facilities in town. It serves personal storage customers and local businesses needing equipment, inventory, and records storage.
From the company's website. Industry: Lessors of Real Estate.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HODGES TRANSPORTATION INC · Tulsa, 57 mi · $11.4M
- EL ARCO INC · Tulsa, 48 mi · $4.1M
- ARLAN RECEIVING DELIVERY AND STORAGE, INC. · Tulsa, 52 mi · $2.0M
- United Warehouse · Tulsa, 59 mi · $1.7M
- United Cold Storage · Tulsa, 57 mi · $1.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Iron Storage this business | $12.0M | — |
| Burden's Gated Self Storage Okemah | $1.7M | 0.0 mi |
| The Residence at Okemah Okemah | $3.7M | 0.6 mi |
| Wetumka Mini Storage #1 Wetumka | $1.7M | 13.0 mi |
| Wetumka Mini Storage #2 Wetumka | $1.7M | 13.3 mi |
| U-LOCK STORAGE LLC Weleetka · 1 employees | $588K | 15.3 mi |
| J&M Storage Henryetta | $1.7M | 17.9 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 | $12.2M |
| Multiple for this size and industry | 4.4× |
| Value range | $4.2M – $20.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Lessors of Real Estate businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (23%). Treat these as a rough guide.
| Revenue range | $5.1M – $16.9M |
| EBITDA range | $1.2M – $3.9M |
| Industry (NAICS) | Lessors of Real Estate (5311) |
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
7 locations
| 119 W Coplin St | Okemah | This listing |
| 401 Covey Rd | Holdenville | View |
| 102 S Woody Guthrie St | Okemah | View |
| 301 N 1st St | Okemah | View |
| 4920 S Braden Ave | Tulsa | View |
| 215 N Main St | Wetumka | View |
| 317 S Main St | Wetumka | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Iron Storage
Iron Storage is a lessors of real estate company in Okemah, Oklahoma, in business since 2004. It is owned by Robert & Bryan Pitts (Co-owners). Its estimated annual revenue is about $12.0M, with roughly $2.8M of EBITDA. Its estimated business value is $12.2M (likely range $4.2M–$20.7M). It has 7 locations.
Common questions
- Who owns Iron Storage?
- Iron Storage is owned by Robert & Bryan Pitts (Co-owners), according to public sources such as the company's website or filings.
- How much revenue does Iron Storage make?
- SeeBITDA estimates Iron Storage's annual revenue at about $12.0M (likely between $5.1M and $16.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Iron Storage worth?
- About $12.2M, roughly 4.4× its estimated EBITDA of $2.8M, typical for a lessors of real estate company its size. Likely range: $4.2M–$20.7M.
- When was Iron Storage founded?
- Iron Storage has been in business since 2004.