Rancho Flores Garden Center, LLC
- Laura LehmanOwner and operations lead · Company website
- Rose MaryStaff · Company website
How we got $2.0M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 35 years (since 1991)
- 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
Rancho Flores Garden Center is a locally owned garden center in midtown Tulsa that sells plants, pottery, fountains and statuary, and offers help with lawn and landscape needs.
From the company's website. Industry: Lawn and Garden Equipment and Supplies Retailers.
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 |
|---|---|---|
| RANCHO FLORES GARDEN CENTER, LLC this business | $7.1M | — |
| VALLEY WIDE HYDRO TULSA, LLC Tulsa · 4 employees | $2.6M | 3.2 mi |
| GROGG'S GREEN BARN LLC Tulsa · 17 employees | $9.9M | 4.5 mi |
| SMITHS GARDEN EQUIPMENT, INC. Tulsa · 20 employees | $16.4M | 4.9 mi |
| FENTON ENTERPRISES, LLC Tulsa · 3 employees | $1.8M | 5.6 mi |
| TROPICAL PLANT DESIGN, INC. Tulsa · 15 employees | $9.3M | 5.9 mi |
| THE TOMATO MAN INC. Tulsa · 1 employees | $895K | 8.0 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.2M |
| Estimate: the two combined (geometric mean) | $7.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $677K |
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 | $2.0M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $2.8M |
| Revenue range | $4.7M – $8.1M |
| EBITDA range | $446K – $772K |
| Industry (NAICS) | Lawn and Garden Equipment and Supplies Retailers (444220) |
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
History & advisors
“Founded by Alex and Carolina Portillo our garden center has been serving the Tulsa area since 1991.”
Advisors
- BankingFirst State 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
| First State Bank PPP 2020 | All 268 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $68K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rancho Flores Garden Center, LLC
Rancho Flores Garden Center, LLC is a lawn and garden equipment and supplies retailers company in Tulsa, Oklahoma, in business since 1991. It is owned by Justin Duke (Owner and operations lead). Its estimated annual revenue is about $7.1M, with roughly $677K of EBITDA. It has about 15 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns Rancho Flores Garden Center, LLC?
- Rancho Flores Garden Center, LLC is owned by Justin Duke (Owner and operations lead), according to public sources such as the company's website or filings.
- How much revenue does Rancho Flores Garden Center, LLC make?
- SeeBITDA estimates Rancho Flores Garden Center, LLC's annual revenue at about $7.1M (likely between $4.7M and $8.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rancho Flores Garden Center, LLC worth?
- About $2.0M, roughly 3× its estimated EBITDA of $677K, typical for a lawn and garden equipment and supplies retailers company its size. Likely range: $1.1M–$2.8M.
- How many employees does Rancho Flores Garden Center, LLC have?
- About 15, as reported on its PPP loan.
- When was Rancho Flores Garden Center, LLC founded?
- Rancho Flores Garden Center, LLC has been in business since 1991.