L & K Seed & Mfg.
How we got $439K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
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 wood and custom saw milling and planing, and sells seed for farming, wildlife plots and hobby farms.
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
- Rogue Hoe · 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
- Sorghum Partners · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| L & K Seed & Mfg. this business | $2.0M | — |
| BOKAY'S BY NINA LLC Hydro · 1 employees | $243K | 0.2 mi |
| Maryjane's Weatherford | $2.1M | 4.2 mi |
| Sunshine Technology Group Llc Weatherford | $2.1M | 4.4 mi |
| M&D Enterprises & Lawnmower Shops Weatherford | $3.9M | 4.9 mi |
| RED DIRT GUN & PAWN Weatherford · 4 employees | $1.7M | 5.5 mi |
| Lyle And Lawter Fireworks Weatherford | $2.1M | 5.5 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 | $439K |
| Multiple for this size and industry | 2× |
| Value range | $151K – $719K |
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 (11%). Treat these as a rough guide.
| Revenue range | $852K – $2.7M |
| EBITDA range | $95K – $300K |
| Industry (NAICS) | Retail Trade (451) |
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
History & advisors
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 & Mfg.
L & K Seed & Mfg. 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 $2.0M, with roughly $219K of EBITDA. Its estimated business value is $439K (likely range $151K–$719K).
Common questions
- Who owns L & K Seed & Mfg.?
- L & K Seed & Mfg. is owned by Lonnie Slagell, according to public sources such as the company's website or filings.
- How much revenue does L & K Seed & Mfg. make?
- SeeBITDA estimates L & K Seed & Mfg.'s annual revenue at about $2.0M (likely between $852K and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is L & K Seed & Mfg. worth?
- About $439K, roughly 2× its estimated EBITDA of $219K, typical for a retail trade company its size. Likely range: $151K–$719K.
- When was L & K Seed & Mfg. founded?
- L & K Seed & Mfg. has been in business since 1978.
- Is L & K Seed & Mfg. 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.