Blue Rhino Propane Exchange
How we got $2.0M
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 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Blue Rhino is a propane tank exchange business that lets customers find retail locations to exchange propane tanks, and it also offers propane delivery to homes or businesses. The pages show a Ferrellgas footer and a Blue Rhino brand presence.
From the company's website. Industry: Fuel Dealers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SIMMONS HOMES, LLC · Owasso, 8 mi · $269.8M
- SHAW HOMES, INC. · Broken Arrow, 9 mi · $240.3M
- IRA M. GREEN CONSTRUCTION COMPANY · Claremore, 21 mi · $93.3M
- FOREST RIDGE DEVELOPMENT · Broken Arrow, 13 mi · $61.8M
- EXECUTIVE HOMES, LLC · Tulsa, 8 mi · $54.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Blue Rhino Propane Exchange this business | $9.6M | — |
| Blue Rhino Propane Exchange Tulsa | $9.6M | 2.9 mi |
| Blue Rhino Propane Exchange Tulsa | $9.6M | 3.8 mi |
| Blue Rhino Propane Exchange Tulsa | $9.6M | 5.4 mi |
| Blue Rhino Tulsa | $9.6M | 6.1 mi |
| Blue Rhino Propane Exchange Tulsa | $9.6M | 6.3 mi |
| Blue Rhino Propane Exchange Tulsa | $9.6M | 6.5 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 | $2.0M |
| Multiple for this size and industry | 3× |
| Value range | $420K – $4.0M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Fuel Dealers 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 | $175K – $1.1M |
| Industry (NAICS) | Fuel Dealers (457210) |
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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Blue Rhino Propane Exchange
Blue Rhino Propane Exchange is a fuel dealers company in Tulsa, Oklahoma, in business since 1997. Its estimated annual revenue is about $9.6M, with roughly $660K of EBITDA. Its estimated business value is $2.0M (likely range $420K–$4.0M).
Common questions
- Who owns Blue Rhino Propane Exchange?
- The owner of Blue Rhino Propane Exchange 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 Blue Rhino Propane Exchange make?
- SeeBITDA estimates Blue Rhino Propane Exchange'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 Blue Rhino Propane Exchange worth?
- About $2.0M, roughly 3× its estimated EBITDA of $660K, typical for a fuel dealers company its size. Likely range: $420K–$4.0M.
- When was Blue Rhino Propane Exchange founded?
- Blue Rhino Propane Exchange has been in business since 1997.