SeeBITDAOklahoma

Paragon Films Inc

Plastics Packaging Film and Sheet (including Laminated) Manufacturing
Estimated valueLow confidence
$426K
$106Klikely range$763K
About 2.5× its yearly profit, typical for a company this size in its industry.
Revenue
$1.3M
a year
Profit (EBITDA)
$171K
14% of revenue
Employees
—
not reported
Leadership
Mike Baab
Founder · source · LinkedIn
Likely to sell
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $426K

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

A typical plastics packaging film and sheet (including laminated) manufacturing business in Oklahoma$1.3M
Revenue$1.3M
× 14% profit margin$171K
× 2.5 sale multiple = value$426K

· Own this business? Correct these figures

Employees over time

▲ 79% since 2020
025050020202021202220232024209375
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 5500209$100.8M$13.6M
2021Form 5500219$105.6M$14.3M
2022Form 5500225$108.5M$14.7M
2023Form 5500275$132.7M$17.9M
2024Form 5500375$180.9M$24.4M

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.

What we know

No PPP loan
401(k) filing, 2024
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 38 years (since 1988)
  • Founder still runs it after 38 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

Paragon Films makes stretch films and packaging solutions aimed at improving load performance and reducing cost, with a focus on sustainability. The pages do not name specific customer types beyond customers and distributors.

Products & services
Hand FilmsMachine FilmsSustainability Without Sacrifice FilmsSpecialty FilmsStretch FilmBeyondBeyond PCRCold ForceContrastGlobal ForceGlobal Force UVINexus
Certifications
2026 Great Place to Work Certification

From the company's website. Industry: Plastics Packaging Film and Sheet (including Laminated) Manufacturing.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Paragon Films Inc
this business
$1.3M$171K—
Royal Vista Plastics Inc
Tulsa
$1.3M$171K0.6 mi
W J L S, INC.
Tulsa · 22 employees
$13.7M$1.6M0.6 mi
WJLS INC.
Tulsa · 23 employees
$9.2M$1.2M0.6 mi
R.L. HUDSON & COMPANY
Broken Arrow · 133 employees
$84.9M$8.9M0.9 mi
CRIMSON CUTTING SOLUTIONS
Tulsa · 3 employees
$1.1M$195K2.7 mi
MARCO INDUSTRIES, INC.
Tulsa · 122 employees
$53.6M$6.4M3.0 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$426K
Multiple for this size and industry2.5×
Value range$106K – $763K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Plastics Packaging Film and Sheet (including Laminated) Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (14%). Treat these as a rough guide.

Revenue range$391K – $1.9M
EBITDA range$53K – $254K
Industry (NAICS)Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112)

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

History & advisors

Founded 1988 by Mike Baab
“Paragon Films was founded in 1988 in Tulsa, OK by industry pioneer Mike Baab with the vision of combining cutting-edge technology with a highly skilled work force to produce a line of stretch film products unparalleled in performance, value, and quality.”

Advisors

  • AccountingEide BaillyAudits 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

LinkedIn company page
Size as the company lists it
Employees—

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Paragon Films Inc

Paragon Films Inc is a plastics packaging film and sheet (including laminated) manufacturing company in Broken Arrow, Oklahoma, in business since 1988. It is owned by Mike Baab (Founder). Its estimated annual revenue is about $1.3M, with roughly $171K of EBITDA. It has about 375 employees. Its estimated business value is $426K (likely range $106K–$763K).

Common questions

Who owns Paragon Films Inc?
Paragon Films Inc is owned by Mike Baab (Founder), according to public sources such as the company's website or filings.
How much revenue does Paragon Films Inc make?
SeeBITDA estimates Paragon Films Inc's annual revenue at about $1.3M (likely between $391K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Paragon Films Inc worth?
About $426K, roughly 2.5× its estimated EBITDA of $171K, typical for a plastics packaging film and sheet (including laminated) manufacturing company its size. Likely range: $106K–$763K.
How many employees does Paragon Films Inc have?
About 375, from its 2024 retirement-plan filing.
When was Paragon Films Inc founded?
Paragon Films Inc has been in business since 1988.
Is Paragon Films Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 38 years (since 1988); founder still runs it after 38 years; no family successor named on its website.