SeeBITDAOklahoma

Ralph's Packing Company, Inc.

Specialty Food Retailers
  • 500 W Freeman Ave, Perkins, OK
  • Since 1959
  • Family-owned
Estimated valueMedium confidence
$1.9M
$1.0Mlikely range$2.6M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$11.9M
a year
Profit (EBITDA)
$642K
5% of revenue
Employees
39
reported in 2020
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $1.9M

Based on its 39 employees and its payroll, both reported for PPP in 2020 and brought up to date.

39 employees × $261K each$10.2M
PPP payroll ÷ payroll's usual share of revenue$10.7M
Shown toward the top of its range×1.14
Revenue$11.9M
× 5% profit margin$642K
× 3 sale multiple = value$1.9M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 67 years (since 1959)

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

What they do

Ralph's Packing Co. is a complete meat processing company specializing in high quality smoked and fresh meat products, serving wholesale and retail customers. It has been a family tradition since 1959.

Products & services
Fresh & smoked meat productsBeef Jerky & SticksSpices & SeasoningsRoasting PigsSmoked ItemsJerky - 12oz. ContainerSnack Sticks
Markets served
retail customersStore, Restaurant, Market, Retail Outlet
Certifications
Inspected by the United States Department of Agriculture

From the company's website. Industry: Specialty Food Retailers.

Customers & suppliers

Possible customers nearby

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

Restaurants

Estimated value over time

▲ 46% since 2020
$0$1.1M$2.2M20202026

Today'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

BusinessEst. revenueEst. profitDistance
RALPH'S PACKING COMPANY, INC.
this business
$11.9M$642K—
J BOYER ENTERPRISE INC
Stillwater · 10 employees
$1.6M$109K9.5 mi
J. BOYER ENTERPRISES INC
Stillwater · 11 employees
$1.7M$115K9.5 mi
COVEREDBYGRACE, LLC
Stillwater · 6 employees
$667K$58K11.5 mi
THE HUNGRY HEIFER BAKERY INC
Cushing · 2 employees
$807K$60K14.9 mi
GIDS DOUGH MAIN LLC
Cushing · 5 employees
$1.5M$113K16.0 mi
MARCELLA FOODS CORPORATION
Edmond · 11 employees
$1.6M$117K27.7 mi

The full calculation

Employees reported to the SBA39
Revenue from headcount (employees × revenue per employee for companies this size)$10.2M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$10.7M
Estimate: the two combined (geometric mean)$11.9M
EBITDA margin (industry, adjusted for size)5%
EBITDA = revenue × margin$642K

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$1.9M
Multiple for this size and industry3×
Value range$1.0M – $2.6M
Revenue range$7.8M – $13.6M
EBITDA range$422K – $732K
Industry (NAICS)Specialty Food Retailers (445210)

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Founded 1959 by Ralph CraneFamily-owned
“In 1959, in the small town of Perkins, Oklahoma, Ralph Crane started a small meat company with the idea of producing a product of the highest quality.”

Advisors

  • BankingThe Payne County 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

The Payne County Bank
PPP 2020
All 82 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$219K$220K39The Payne County Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Ralph's Packing Company, Inc.

Ralph's Packing Company, Inc. is a family-owned specialty food retailers company in Perkins, Oklahoma, in business since 1959. Its estimated annual revenue is about $11.9M, with roughly $642K of EBITDA. It has about 39 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).

Common questions

Who owns Ralph's Packing Company, Inc.?
The owner of Ralph's Packing Company, 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 Ralph's Packing Company, Inc. make?
SeeBITDA estimates Ralph's Packing Company, Inc.'s annual revenue at about $11.9M (likely between $7.8M and $13.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Ralph's Packing Company, Inc. worth?
About $1.9M, roughly 3× its estimated EBITDA of $642K, typical for a specialty food retailers company its size. Likely range: $1.0M–$2.6M.
How many employees does Ralph's Packing Company, Inc. have?
About 39, as reported on its PPP loan.
When was Ralph's Packing Company, Inc. founded?
Ralph's Packing Company, Inc. has been in business since 1959.