SeeBITDAOklahoma

Iron Storage

Lessors of Real Estate
  • 119 W Coplin St, Okemah, OK
  • 7 locations
  • Since 2004
  • NAICS 5311
Estimated valueLow confidence
$12.2M
$4.2Mlikely range$20.7M
About 4.4× its yearly profit, typical for a company this size in its industry.
Revenue
$12.0M
a year
Profit (EBITDA)
$2.8M
23% of revenue
Employees
—
not reported
Leadership
Robert & Bryan Pitts
Co-owners · source
Unlikely to sell soon

How we got $12.2M

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

A typical lessors of real estate business in Oklahoma$12.0M
Revenue$12.0M
× 23% profit margin$2.8M
× 4.4 sale multiple = value$12.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named
7 locations found

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.

Products & services
Self storage unitsPersonal storageBusiness storageVehicle storageBoat and RV storageClimate Controlled StorageDrive-up storage unitsTenant insurance policy
Markets served
Personal storage customersService businesses
Service area
OkemahHenryettaHoldenvilleWetumkaOkmulgeeWeleetkaOkfuskee CountyBoley

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.

Warehousing & storage

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Iron Storage
this business
$12.0M$2.8M—
Burden's Gated Self Storage
Okemah
$1.7M$547K0.0 mi
The Residence at Okemah
Okemah
$3.7M$259K0.6 mi
Wetumka Mini Storage #1
Wetumka
$1.7M$547K13.0 mi
Wetumka Mini Storage #2
Wetumka
$1.7M$547K13.3 mi
U-LOCK STORAGE LLC
Weleetka · 1 employees
$588K$220K15.3 mi
J&M Storage
Henryetta
$1.7M$547K17.9 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 industry4.4×
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 StOkemahThis listing
401 Covey RdHoldenvilleView
102 S Woody Guthrie StOkemahView
301 N 1st StOkemahView
4920 S Braden AveTulsaView
215 N Main StWetumkaView
317 S Main StWetumkaView

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.