Lindlys Propane Formerly Miami Butane Co
- Richard LindlyJoined the family business in 2005 (Jeff's son) · Company website
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 66 years (since 1960)
From public records and the company's website, not a statement that it's for sale.
What they do
Lindly's Propane is a local propane delivery and service provider in Jay, Oklahoma, serving residential, commercial, and agricultural customers in Northeast Oklahoma.
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.
- MAZZIO'S LLC · Tulsa, 79 mi · $80.0M
- REW III LLC · Tulsa, 79 mi · $70.4M
- SJK, LLC · Broken Arrow, 78 mi · $48.2M
- THE RIB CRIB BBQ, INC. · Tulsa, 80 mi · $44.5M
- SWITCHGRASS-VI, LLC · Broken Arrow, 78 mi · $36.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Lindlys Propane Formerly Miami Butane Co this business | $9.6M | — |
| MFA Oil Grove | $4.4M | 21.9 mi |
| MCP Propane Adair - Storage Tank Adair | $1.5M | 40.5 mi |
| C & R OIL CO Pryor · 2 employees | $1.5M | 47.6 mi |
| Mcp Propane Pryor | $9.6M | 49.9 mi |
| FROMAN OIL COMPANY INC. Claremore · 11 employees | $6.2M | 54.2 mi |
| FROMAN PROPANE CO Claremore · 17 employees | $10.5M | 54.2 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 | $2.0M |
| 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
History & advisors
“In 1960, R.J. "Dick" Lindly and his wife Rosalie saw an opportunity to provide something their community needed: dependable, fairly priced propane delivered by people who genuinely cared.”
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 Lindlys Propane Formerly Miami Butane Co
Lindlys Propane Formerly Miami Butane Co is a family-owned fuel dealers company in Miami, Oklahoma, in business since 1960. 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 Lindlys Propane Formerly Miami Butane Co?
- The owner of Lindlys Propane Formerly Miami Butane Co 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 Lindlys Propane Formerly Miami Butane Co make?
- SeeBITDA estimates Lindlys Propane Formerly Miami Butane Co'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 Lindlys Propane Formerly Miami Butane Co 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 Lindlys Propane Formerly Miami Butane Co founded?
- Lindlys Propane Formerly Miami Butane Co has been in business since 1960.