SeeBITDAOklahoma

Lassiter Drug

Retail Trade
  • 3252 SE 29th St, Del City, OK
  • Since 1970
  • NAICS 446
Estimated valueLow confidence
$840K
$205Klikely range$1.3M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$4.6M
a year
Profit (EBITDA)
$350K
8% of revenue
Employees
—
not reported
Leadership
John Lassiter
Manager and Owner · source · confirmed by 2 sources
Some signs of a sale

How we got $840K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical retail trade business in Oklahoma$4.6M
Revenue$4.6M
× 8% profit margin$350K
× 2.4 sale multiple = value$840K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 56 years (since 1970)

From public records and the company's website, not a statement that it's for sale.

What they do

Lassiter Drug is a pharmacy in Del City, OK that specializes in compounding personalized medications for physicians and patients. It also offers nutritional products, vaccinations and wellness screenings.

Products & services
CompoundingVitamins & SupplementsVaccinationsNutritional ProductsThe OK Wellness CenterCholesterol screeningsBone density screeningsBMI screeningsBlood-sugar screenings
Markets served
animals and humans
Service area
Del City, OK

From the company's website. Industry: Retail Trade.

Customers & suppliers

Suppliers & brands

  • Mason · brand it sells or installs
  • Pharmanex · brand it sells or installs
  • Metagenics · brand it sells or installs
  • Barlean's · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Lassiter Drug
this business
$4.6M$350K—
JINNY-ANN #4 CORP
Del City · 39 employees
$23.4M$1.4M0.1 mi
Del City Pickup Parts Inc
Del City
$2.3M$126K0.2 mi
T & L Fresh Produce
Oklahoma City
$3.0M$199K0.2 mi
LASSITER ENTERPRISES INC.
Oklahoma City · 19 employees
$13.9M$924K0.3 mi
AL'S AUTO SALVAGE, L.L.C.
Oklahoma City · 11 employees
$4.4M$221K0.4 mi
Trosper Park Golf Course
Oklahoma City
$3.0M$199K0.4 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$840K
Multiple for this size and industry2.4×
Value range$205K – $1.3M

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 (8%). Treat these as a rough guide.

Revenue range$1.4M – $6.1M
EBITDA range$107K – $459K
Industry (NAICS)Retail Trade (446)

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

Founded 1970
“Our doors opened in April 1970, shortly after John Lassiter was honorably discharged from the U.S. Army.”

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 Lassiter Drug

Lassiter Drug is a retail trade company in Del City, Oklahoma, in business since 1970. It is owned by John Lassiter (Manager and Owner). Its estimated annual revenue is about $4.6M, with roughly $350K of EBITDA. Its estimated business value is $840K (likely range $205K–$1.3M).

Common questions

Who owns Lassiter Drug?
Lassiter Drug is owned by John Lassiter (Manager and Owner), according to public sources such as the company's website or filings.
How much revenue does Lassiter Drug make?
SeeBITDA estimates Lassiter Drug's annual revenue at about $4.6M (likely between $1.4M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Lassiter Drug worth?
About $840K, roughly 2.4× its estimated EBITDA of $350K, typical for a retail trade company its size. Likely range: $205K–$1.3M.
When was Lassiter Drug founded?
Lassiter Drug has been in business since 1970.