McGhee's Honey Farm
How we got $584K
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 37 years (since 1989)
- Founder still runs it after 37 years
- 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
McGhee's Honey Farm sells natural honey and other bee products, including comb honey, bee pollen, and specialty items such as honey BBQ sauce, jalapenos, and sorghum. The farm was founded in 1989 as a beekeeping business.
From the company's website. Industry: Agriculture, Forestry, Fishing.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| McGhee's Honey Farm this business | $1.4M | — |
| RIVER OAKS FARMS , INC Sulphur · 20 employees | $5.6M | 3.5 mi |
| JUD LITTLE RANCH, LLC Springer · 8 employees | $3.5M | 14.7 mi |
| Dunn Ranch Wynnewood | $793K | 15.0 mi |
| EQUINE-REPRODUCTION.COM LLC Wynnewood · 3 employees | $2.2M | 17.0 mi |
| Avalon Equine Wynnewood | $1.3M | 17.0 mi |
| PRO MANAGEMENT INC Byars · 11 employees | $3.9M | 27.1 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 | $584K |
| Multiple for this size and industry | 2.5× |
| Value range | $255K – $890K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agriculture, Forestry, Fishing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (16%). Treat these as a rough guide.
| Revenue range | $787K – $1.8M |
| EBITDA range | $127K – $297K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (112910) |
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
“McGhee Honey Farms was founded in early summer of 1989 when Skeet Sanders took his son-in-law Terry McGhee as an apprentice and began to show him the joy and intricacies of bee keeping.”
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 McGhee's Honey Farm
McGhee's Honey Farm is an agriculture, forestry, fishing company in Sulphur, Oklahoma, in business since 1989. It is owned by Terry McGhee (Founder). Its estimated annual revenue is about $1.4M, with roughly $234K of EBITDA. Its estimated business value is $584K (likely range $255K–$890K).
Common questions
- Who owns McGhee's Honey Farm?
- McGhee's Honey Farm is owned by Terry McGhee (Founder), according to public sources such as the company's website or filings.
- How much revenue does McGhee's Honey Farm make?
- SeeBITDA estimates McGhee's Honey Farm's annual revenue at about $1.4M (likely between $787K and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is McGhee's Honey Farm worth?
- About $584K, roughly 2.5× its estimated EBITDA of $234K, typical for a agriculture, forestry, fishing company its size. Likely range: $255K–$890K.
- When was McGhee's Honey Farm founded?
- McGhee's Honey Farm has been in business since 1989.
- Is McGhee's Honey Farm for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 37 years (since 1989); founder still runs it after 37 years; no family successor named on its website.