Red Pipe, LLC
How we got $2.1M
Based on its 43 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| RED PIPE, LLC this business | $14.1M | — |
| TONKAWA TRADING POST, INC Tonkawa · 13 employees | $4.1M | 0.3 mi |
| C&R SNYDER'S GROCERY, LLC Ponca City · 7 employees | $2.5M | 12.6 mi |
| POINT INVESTMENTS LLC Newkirk · 8 employees | $2.7M | 20.6 mi |
| JUMBO II, LLC Enid · 60 employees | $20.6M | 33.9 mi |
| ABRAHAM CHOI LLC Enid · 2 employees | $1.2M | 35.0 mi |
| LEE STORE LLC Enid · 3 employees | $1.9M | 35.0 mi |
The full calculation
| Employees reported to the SBA | 43 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.0M |
| Estimate: the two combined (geometric mean) | $14.1M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $706K |
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 | $9.3M – $16.0M |
| EBITDA range | $465K – $806K |
| Industry (NAICS) | Grocery and Convenience Retailers (445120) |
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
Advisors
- BankingFirst National Bank of OklahomaPPP / 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 Roles are as stated there and may be out of date.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 National Bank of Oklahoma PPP 2020 | All 405 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 | $196K | 43 |
About Red Pipe, LLC
Red Pipe, LLC is a grocery and convenience retailers company in Tonkawa, Oklahoma. Its estimated annual revenue is about $14.1M, with roughly $706K of EBITDA. It has about 43 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Red Pipe, LLC?
- The owner of Red Pipe, LLC 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 Red Pipe, LLC make?
- SeeBITDA estimates Red Pipe, LLC's annual revenue at about $14.1M (likely between $9.3M and $16.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red Pipe, LLC worth?
- About $2.1M, roughly 3× its estimated EBITDA of $706K, typical for a grocery and convenience retailers company its size. Likely range: $1.1M–$2.9M.
- How many employees does Red Pipe, LLC have?
- About 43, as reported on its PPP loan.