SeeBITDAOklahoma

L & K Seed Co. LLC

Retail Trade
  • 246432 E 990 Rd, Hydro, OK
  • Since 1978
  • Family-owned
Estimated valueLow confidence
$685K
$188Klikely range$1.2M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$4.1M
a year
Profit (EBITDA)
$285K
7% of revenue
Employees
—
not reported
Lonnie Slagell
Owner · source
Likely to sell

How we got $685K

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

A typical retail trade business in Oklahoma$4.1M
Revenue$4.1M
× 7% profit margin$285K
× 2.4 sale multiple = value$685K

· Own this business? Correct these figures

What we know

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

Signs of a sale Likely to sell

  • In business 48 years (since 1978)
  • 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

L & K Seed Co. LLC in Hydro, OK sells and services small engine equipment, sells seed and wood products, and offers custom saw milling and planing. It serves homeowners, farmers, and hobby farm or wildlife plot owners.

Products & services
Spartan mowersBriggs & Stratton standby generatorsCentral Boiler outdoor furnacesRedMax handheld productsRogue Hoe productscustom saw milling and planingwood slabs for salegrain sorghum and Sudan seedsDouble Team 65A21 S/ISP 66M16 S/ISordan HeadlessSP 2606 S/I BMR
Markets served
residentialfarmerscommercialwildlife plots
Service area
Oklahoma
Certifications
certified service and repair centercertified service center

From the company's website. Industry: Retail Trade.

Customers & suppliers

Suppliers & brands

  • Hustler Turf · brand it sells or installs
  • Spartan Mowers · brand it sells or installs
  • Briggs & Stratton · brand it sells or installs
  • Central Boiler · brand it sells or installs
  • RedMax · brand it sells or installs
  • Jonsered · brand it sells or installs
  • Kawasaki Engines · brand it sells or installs
  • Honda · brand it sells or installs
  • Kohler · brand it sells or installs
  • Rogue Hoe · brand it sells or installs
  • Sorghum Partners · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
L & K Seed Co. LLC
this business
$4.1M$285K—
Conoco
Hydro
$5.2M$272K2.5 mi
Main Street Clothing Co
Hydro
$1.7M$179K2.7 mi
DEER CREEK HARDWARE
Hydro · 3 employees
$1.5M$174K2.7 mi
DEER CREEK MARKETS
Hydro · 12 employees
$5.6M$346K2.7 mi
PHARMCAREOK OF HYDRO, INC.
Hydro · 12 employees
$5.1M$382K2.8 mi
PHARMCAREOK OF TULSA, INC.
Hydro · 23 employees
$17.7M$1.1M2.8 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$685K
Multiple for this size and industry2.4×
Value range$188K – $1.2M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Retail Trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.

Revenue range$1.4M – $5.9M
EBITDA range$98K – $413K
Industry (NAICS)Retail Trade (44)

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

Founded 1978Family-owned
“We are a family owned company started in 1978.”

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 L & K Seed Co. LLC

L & K Seed Co. LLC is a family-owned retail trade company in Hydro, Oklahoma, in business since 1978. It is owned by Lonnie Slagell. Its estimated annual revenue is about $4.1M, with roughly $285K of EBITDA. Its estimated business value is $685K (likely range $188K–$1.2M).

Common questions

Who owns L & K Seed Co. LLC?
L & K Seed Co. LLC is owned by Lonnie Slagell, according to public sources such as the company's website or filings.
How much revenue does L & K Seed Co. LLC make?
SeeBITDA estimates L & K Seed Co. LLC's annual revenue at about $4.1M (likely between $1.4M and $5.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is L & K Seed Co. LLC worth?
About $685K, roughly 2.4× its estimated EBITDA of $285K, typical for a retail trade company its size. Likely range: $188K–$1.2M.
When was L & K Seed Co. LLC founded?
L & K Seed Co. LLC has been in business since 1978.
Is L & K Seed Co. LLC for sale?
There's no public listing, but it shows signs that often come before a sale: in business 48 years (since 1978); no family successor named on its website.