Margarita Man
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 42 years (since 1984)
From public records and the company's website, not a statement that it's for sale.
What they do
Margarita Man makes premium frozen cocktail mix concentrates and sells margarita and daiquiri machines, offering retail and wholesale pricing for bars, restaurants and other high-volume customers.
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.
- DLF LLC · Edmond, 43 mi · $4.9M
- CARE SUITES OF CHISHOLM CREEK LLC · Oklahoma City, 47 mi · $4.4M
- 517 S. HUDSON, LLC · Oklahoma City, 54 mi · $4.0M
- OUTLAWS, LLC · Stillwater, 3 mi · $3.1M
- SIDECAR CHISOLM CREEK LLC · Edmond, 42 mi · $2.7M
- SANTIAGO-BRENNAN'S MCDONALD'S INC. · Edmond, 44 mi · $74.6M
- OZARK PIZZA COMPANY, LLC · Oklahoma City, 49 mi · $67.8M
- HIDEAWAY- 2 INC · Tulsa, 61 mi · $63.9M
- CB RESTAURANTS, INC. · Oklahoma City, 47 mi · $53.9M
- WICHITA SDI, LLC · Prague, 52 mi · $46.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Margarita Man this business | $9.6M | — |
| Blue Rhino Propane Exchange Stillwater | $9.6M | 1.0 mi |
| GRIMSLEYS INC Stillwater · 30 employees | $20.1M | 1.1 mi |
| STILLWATER DESIGNS & AUTIO, IN Stillwater · 192 employees | $225.8M | 1.1 mi |
| Blue Rhino Propane Exchange Stillwater | $9.6M | 1.2 mi |
| Cowboy Springs Premium Drinking Water Stillwater | $9.6M | 1.2 mi |
| Blue Rhino Propane Exchange Stillwater | $9.6M | 2.0 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 | $504K – $4.8M |
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 | $175K – $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
History & advisors
“We started as a margarita machine rental business, and we quickly learned that there was a real need for quality frozen drink concentrates that were specially formulated to freeze properly in a margarita machine.”
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 Margarita Man
Margarita Man is a wholesale trade company in Stillwater, Oklahoma, in business since 1984. It is owned by Doug Henderson and Jeremy Freeman. Its estimated annual revenue is about $9.6M, with roughly $660K of EBITDA. Its estimated business value is $2.4M (likely range $504K–$4.8M).
Common questions
- Who owns Margarita Man?
- Margarita Man is owned by Doug Henderson and Jeremy Freeman, according to public sources such as the company's website or filings.
- How much revenue does Margarita Man make?
- SeeBITDA estimates Margarita Man'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 Margarita Man worth?
- About $2.4M, roughly 3.6× its estimated EBITDA of $660K, typical for a wholesale trade company its size. Likely range: $504K–$4.8M.
- When was Margarita Man founded?
- Margarita Man has been in business since 1984.