Suburban Propane
How we got $2.4M
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 98 years (since 1928)
From public records and the company's website, not a statement that it's for sale.
What they do
Suburban Propane sells propane and heating oil to residential and commercial customers, with locations providing service to local communities across 42 states.
From the company's website. Industry: Wholesale trade.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LAZY J ARENA, LLC · Stillwater, 38 mi · $30.7M
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 19 mi · $30.1M
- EXPRESS RANCHES INC · Yukon, 31 mi · $18.0M
- ROBINSON BROS PORK, LLC · Holdenville, 56 mi · $12.6M
- CASTLE ROCK HEF, LLC · Oklahoma City, 17 mi · $10.7M
- SANTIAGO-BRENNAN'S MCDONALD'S INC. · Edmond, 19 mi · $74.6M
- OZARK PIZZA COMPANY, LLC · Oklahoma City, 23 mi · $67.7M
- CB RESTAURANTS, INC. · Oklahoma City, 22 mi · $53.9M
- WICHITA SDI, LLC · Prague, 30 mi · $46.7M
- MAGNUM FOODS, INC. · Oklahoma City, 17 mi · $43.0M
- PAYCOM PAYROLL, LLC · Oklahoma City, 26 mi · $937.4M
- FINLEY AND COOK PLLC · Shawnee, 20 mi · $44.9M
- ALLON TRANSPORTATION SERVICES LL · Okla. City, 21 mi · $39.6M
- PHAN BROTHERS LLC · Oklahoma City, 18 mi · $39.2M
- POLSTON TAX RESOLUTION AND ACCOUNTING, LLC · Norman, 25 mi · $21.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Suburban Propane this business | $9.6M | — |
| WELLS INDUSTRIAL BATTERY, INC. Choctaw · 7 employees | $7.4M | 0.0 mi |
| Blue Rhino Propane Exchange Choctaw | $9.6M | 1.9 mi |
| Patrick Place Vending Choctaw | $9.6M | 2.0 mi |
| 4 C LIVESTOCK LLC Choctaw · 2 employees | $8.9M | 2.7 mi |
| Expert Repair Llc Choctaw | $9.6M | 3.1 mi |
| TISDELLS AUCTION SERVICE LLC Choctaw · 2 employees | $2.3M | 3.2 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 | $2.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $509K – $4.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Wholesale 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 | $2.6M – $16.1M |
| EBITDA range | $177K – $1.1M |
| Industry (NAICS) | Wholesale trade (42) |
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
People & advisors
“95+ Years serving our customers and their communities. Customer satisfaction since 1928”
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 Suburban Propane
Suburban Propane is a wholesale trade company in Choctaw, Oklahoma, in business since 1928. It is owned by Product Supply (President). Its estimated annual revenue is about $9.6M, with roughly $660K of EBITDA. Its estimated business value is $2.4M (likely range $509K–$4.7M).
Common questions
- Who owns Suburban Propane?
- Suburban Propane is owned by Product Supply (President), according to public sources such as the company's website or filings.
- How much revenue does Suburban Propane make?
- SeeBITDA estimates Suburban Propane's annual revenue at about $9.6M (likely between $2.6M and $16.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Suburban Propane worth?
- About $2.4M, roughly 3.6× its estimated EBITDA of $660K, typical for a wholesale trade company its size. Likely range: $509K–$4.7M.
- When was Suburban Propane founded?
- Suburban Propane has been in business since 1928.