Reddy Ice
How we got $1.2M
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 99 years (since 1927)
From public records and the company's website, not a statement that it's for sale.
What they do
Reddy Ice produces and sells packaged ice, block ice, gourmet ice, dry ice and IceBlox craft ice, with its Oklahoma City plant supplying retailers, restaurants, entertainment venues and commercial clients in the metro area.
From the company's website. Industry: Manufacturing.
Customers & suppliers
Customers
- 7-Eleven · named on its website
- Circle K · named on its website
- Safeway · named on its website
- Speedway · named on its website
- Albertsons · named on its website
- QuikTrip · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SANTIAGO-BRENNAN'S MCDONALD'S INC. · Edmond, 14 mi · $74.6M
- OZARK PIZZA COMPANY, LLC · Oklahoma City, 11 mi · $67.7M
- CB RESTAURANTS, INC. · Oklahoma City, 13 mi · $53.9M
- WICHITA SDI, LLC · Prague, 52 mi · $46.7M
- MAGNUM FOODS, INC. · Oklahoma City, 9 mi · $43.0M
- DLF LLC · Edmond, 16 mi · $4.9M
- CARE SUITES OF CHISHOLM CREEK LLC · Oklahoma City, 12 mi · $4.4M
- 517 S. HUDSON, LLC · Oklahoma City, 6 mi · $4.0M
- OUTLAWS, LLC · Stillwater, 56 mi · $3.1M
- SIDECAR CHISOLM CREEK LLC · Edmond, 17 mi · $2.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Reddy Ice this business | $3.0M | — |
| ERIKS Seals and Plastics Oklahoma City | $3.0M | 0.3 mi |
| Drilling Tools International Oklahoma City | $3.0M | 0.3 mi |
| OEM Products Inc. Oklahoma City | $3.0M | 0.4 mi |
| Vanco, A Cogent Company Oklahoma City | $6.0M | 0.4 mi |
| Industrial Specialties Oklahoma City | $3.0M | 0.5 mi |
| Automax Trailers, Inc. Oklahoma City | $3.0M | 0.5 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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $211K – $2.4M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $661K – $5.1M |
| EBITDA range | $88K – $672K |
| Industry (NAICS) | Manufacturing (31) |
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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“Southland Ice was founded in 1927 and originally included just eight ice plants and 21 retail docks, also currently known as convenience stores.”
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 Reddy Ice
Reddy Ice is a manufacturing company in Oklahoma City, Oklahoma, in business since 1927. Its estimated annual revenue is about $3.0M, with roughly $400K of EBITDA. Its estimated business value is $1.2M (likely range $211K–$2.4M).
Common questions
- Who owns Reddy Ice?
- The owner of Reddy Ice isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Reddy Ice make?
- SeeBITDA estimates Reddy Ice's annual revenue at about $3.0M (likely between $661K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Reddy Ice worth?
- About $1.2M, roughly 3× its estimated EBITDA of $400K, typical for a manufacturing company its size. Likely range: $211K–$2.4M.
- When was Reddy Ice founded?
- Reddy Ice has been in business since 1927.