SeeBITDAOklahoma

Indian Nation Wholesale

Other Grocery and Related Products Merchant Wholesalers
Company websiteinwsupply.comFind on LinkedInSearch LinkedIn for this company
Estimated valueLow confidence
$685K
$188Klikely range$1.2M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$4.1M
a year
Profit (EBITDA)
$285K
7% of revenue
Employees
—
not reported
Leadership
Raphen Cross
Founder · source
Likely to sell
Request removal or correction
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $685K

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

A typical other grocery and related products merchant wholesalers business in Oklahoma$4.1M
Revenue$4.1M
× 7% profit margin$285K
× 2.4 sale multiple = value$685K

· 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 Likely to sell

  • In business 73 years (since 1953)
  • Founder still runs it after 73 years
  • Family in the business (Tammy Cross, Chief Executive Officer)

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

What they do

Indian Nation Wholesale (INW) is a wholesale distributor serving independent and chain retailers and food service locations across Oklahoma and North Texas, offering a one-stop shop of products and related store support services.

Products & services
BeveragesCandy, gum & SnacksConcessions & Food ServiceFrozen & RefrigeratedINW Wired (Retailer Accruals)Gateway Customer Loyalty Programnext-day delivery
Markets served
Convenience storeRestaurant & Food ServiceCasinos & HospitalityEducationHealthcareRetail Support
Service area
OklahomaNorth Texas

From the company's website. Industry: Other Grocery and Related Products Merchant Wholesalers.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Grocery & convenience stores
Restaurants

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Indian Nation Wholesale
this business
$4.1M$285K—
Velocity Motors
Norman
$22.7M$997K0.1 mi
Boxdrop Norman, Llc
Norman
$4.2M$498K0.1 mi
For Keeps
Norman
$1.7M$179K0.1 mi
NAPA Auto Parts
Norman
$2.3M$126K0.1 mi
Sinclair
Norman
$5.2M$272K0.1 mi
Infini Tint
Norman
$2.3M$126K0.2 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$685K
Multiple for this size and industry2.4×
Value range$188K – $1.2M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Other Grocery and Related Products Merchant Wholesalers 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$1.4M – $5.9M
EBITDA range$98K – $413K
Industry (NAICS)Other Grocery and Related Products Merchant Wholesalers (424490)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 1953 by Raphen CrossFamily-owned · 3rd generation
“Indian Nation Wholesale (INW) is a third-generation wholesale distribution company run by the Cross family.”

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 Indian Nation Wholesale

Indian Nation Wholesale is a family-owned other grocery and related products merchant wholesalers company in Norman, Oklahoma, in business since 1953. It is owned by Raphen Cross (Founder). Its estimated annual revenue is about $4.1M, with roughly $285K of EBITDA. Its estimated business value is $685K (likely range $188K–$1.2M).

Common questions

Who owns Indian Nation Wholesale?
Indian Nation Wholesale is owned by Raphen Cross (Founder), according to public sources such as the company's website or filings.
How much revenue does Indian Nation Wholesale make?
SeeBITDA estimates Indian Nation Wholesale's annual revenue at about $4.1M (likely between $1.4M and $5.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Indian Nation Wholesale worth?
About $685K, roughly 2.4× its estimated EBITDA of $285K, typical for a other grocery and related products merchant wholesalers company its size. Likely range: $188K–$1.2M.
When was Indian Nation Wholesale founded?
Indian Nation Wholesale has been in business since 1953.
Is Indian Nation Wholesale for sale?
There's no public listing, but it shows signs that often come before a sale: in business 73 years (since 1953); founder still runs it after 73 years; family in the business (tammy cross, chief executive officer).