Propane Sales Inc
How we got $2.1M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 35% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PROPANE SALES INC this business | $7.5M | — |
| KEVIN RIVERA Mulhall · 2 employees | $1.3M | 13.5 mi |
| PURE WATER PRODUCTS INC Edmond · 1 employees | $661K | 15.6 mi |
| CECILIA STOLL ENTERPRISES, LLC Edmond | $1.8M | 15.9 mi |
| DALKE, INC. Edmond · 2 employees | $1.3M | 17.9 mi |
| SMS ENTERPRISES INC Edmond · 2 employees | $981K | 17.9 mi |
| SUPERIOR BALANCE Edmond · 5 employees | $1.9M | 18.3 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.2M |
| Estimate: the two combined (geometric mean) | $7.5M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $697K |
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 | $2.1M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $2.9M |
| Revenue range | $5.0M – $8.6M |
| EBITDA range | $458K – $795K |
| Industry (NAICS) | Retail Trade (454310) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingF & M BankPPP / SBA lender
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 Roles are as stated there and may be out of date.
Banking relationships
| F & M Bank PPP 2020, PPP 2021 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $73K | 9 |
| 1/21/2021 | second | $74K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Propane Sales Inc
Propane Sales Inc is a retail trade company in Crescent, Oklahoma, in business since 2003. Its estimated annual revenue is about $7.5M, with roughly $697K of EBITDA. It has about 9 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Propane Sales Inc?
- The owner of Propane Sales Inc 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 Propane Sales Inc make?
- SeeBITDA estimates Propane Sales Inc's annual revenue at about $7.5M (likely between $5.0M and $8.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Propane Sales Inc worth?
- About $2.1M, roughly 3× its estimated EBITDA of $697K, typical for a retail trade company its size. Likely range: $1.1M–$2.9M.
- How many employees does Propane Sales Inc have?
- About 9, as reported on its PPP loan.
- When was Propane Sales Inc founded?
- Propane Sales Inc has been in business since 2003.