Locke Supply Co
How we got $2.3M
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 71 years (since 1955)
- Founder still runs it after 71 years
From public records and the company's website, not a statement that it's for sale.
What they do
Locke Supply Co. is a supply business serving contractors who provide plumbing, electrical, and HVAC services, with a focus on commercial contractors from start to finish.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Customers
- Integris Hospital · named on its website
- AutoMaxx Hyundi · named on its website
- Cherokee Springs Plaza · named on its website
- Discovery Church · named on its website
- Sapulpa Pediatric Center · named on its website
- Atoka Pipeline · named on its website
- Hey Day · named on its website
- FAA · named on its website
- Republic Paper · named on its website
- Border Casino · named on its website
- Willis C Store · named on its website
- First National Parking Garage · named on its website
- India Culture Foundation · named on its website
- Allen Public School · named on its website
- Purcell Public School · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BLACKBURN PLUMBING LLC · Durant, 45 mi · $14.0M
- DEHART AIR CONDITIONING & ELECTRONICS, INC. · Chickasha, 75 mi · $13.0M
- VERNON'S PLUMBING, HEATING & AIR CONDITIONING, INC. · Ardmore, 1 mi · $9.2M
- VERNONS PLUMBING HEATING & AIR CONDITIONING INC · Ardmore, 1 mi · $8.8M
- HEAT TRANSFER SOLUTIONS · Duncan, 50 mi · $6.1M
- LYNN BOYER INC · Ardmore, 2 mi · $24.0M
- JETT SOLUTIONS, INC · Duncan, 54 mi · $13.9M
- QUALITY ELECTRIC CONSTRUCTION & MAINTENANCE INC · Ardmore, 1 mi · $10.7M
- RAMSEY WARD ELECTRIC CO. · Ardmore, 1 mi · $10.4M
- TRINITY ELECTRIC INC · Elmore City, 35 mi · $9.6M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Locke Supply Co this business | $14.9M | — |
| Dollar General Ardmore | $1.5M | 0.1 mi |
| Living Word Bible Book & Gift Ardmore | $2.0M | 0.1 mi |
| Spirit Halloween Ardmore | $2.1M | 0.2 mi |
| Ollie's Bargain Outlet Ardmore | $14.9M | 0.2 mi |
| Family Dollar Ardmore | $1.5M | 0.2 mi |
| Shaw's R/C Shop Ardmore | $2.0M | 0.2 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 | $2.3M |
| Multiple for this size and industry | 3× |
| Value range | $915K – $3.2M |
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 (5%). Treat these as a rough guide.
| Revenue range | $7.3M – $16.8M |
| EBITDA range | $381K – $876K |
| Industry (NAICS) | Retail Trade (452) |
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
“Locke Supply Co. started on a shoestring budget in 1955 when Don and Wanda Locke opened a Wholesale Plumbing Supply outlet in Bartlesville, OK.”
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.
14 locations
| 613 N Commerce St | Ardmore | This listing |
| 7227 NW 39th Expy | Bethany | View |
| 1821 S Aspen Ave | Broken Arrow | View |
| HVAC SUITE, 2100 W Evergreen St Ste a | Durant | View |
| 7425 SE 15th St | Midwest City | View |
| 1005 N Moore Ave | Moore | View |
| 1500 24th Ave SW | Norman | View |
| 426 E MAIN St | Norman | View |
| 819 S Wood Dr | Okmulgee | View |
| 8787 N Owasso Expy | Owasso | View |
| PLUMBING SUITE, 1201 E Prospect Ave | Ponca City | View |
| 1710 E 6th Ave | Stillwater | View |
| 901 E 6th Ave | Stillwater | View |
| 8787 S Lewis Ave | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Locke Supply Co
Locke Supply Co is a retail trade company in Ardmore, Oklahoma, in business since 1955. It is owned by Don J. Locke (Founder). Its estimated annual revenue is about $14.9M, with roughly $774K of EBITDA. Its estimated business value is $2.3M (likely range $915K–$3.2M). It has 14 locations.
Common questions
- Who owns Locke Supply Co?
- Locke Supply Co is owned by Don J. Locke (Founder), according to public sources such as the company's website or filings.
- How much revenue does Locke Supply Co make?
- SeeBITDA estimates Locke Supply Co's annual revenue at about $14.9M (likely between $7.3M and $16.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Locke Supply Co worth?
- About $2.3M, roughly 3× its estimated EBITDA of $774K, typical for a retail trade company its size. Likely range: $915K–$3.2M.
- When was Locke Supply Co founded?
- Locke Supply Co has been in business since 1955.
- Is Locke Supply Co for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 71 years (since 1955); founder still runs it after 71 years.