Rexco Drug of Altus, Inc.
- Kyle Keenum, Pharm. DOwner & Pharmacist-In-Charge · Company website
How we got $899K
Based on its 11 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 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Rexco Drug & Gifts is a pharmacist-owned pharmacy in Altus, OK that aims to make the pharmacy experience stress-free and provide affordable healthcare solutions to its customers and community.
From the company's website. Industry: Pharmacies.
Estimated value over time
▲ 24% 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 |
|---|---|---|
| REXCO DRUG OF ALTUS, INC. this business | $5.0M | — |
| ELITE FEARLESS NUTRITION LLC Altus · 5 employees | $1.9M | 0.7 mi |
| DAVE'S VAPORS Altus · 2 employees | $893K | 0.9 mi |
| PICKETT'S CLINIC PHARMACY, INC. Altus · 7 employees | $5.1M | 2.1 mi |
| MANGUM DRUG CO. LLC Mangum · 5 employees | $3.4M | 17.5 mi |
| MURRAY DRUG CO. LLC Granite · 5 employees | $3.1M | 20.8 mi |
| FREDERICK PHARMACY INC Frederick · 24 employees | $10.9M | 25.3 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $5.0M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $375K |
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 | $899K |
| Multiple for this size and industry | 2.4× |
| Value range | $473K – $1.2M |
| Revenue range | $3.3M – $5.7M |
| EBITDA range | $246K – $427K |
| Industry (NAICS) | Pharmacies and Drug Retailers (456110) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingNBC 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
| NBC Oklahoma PPP 2020 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $42K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rexco Drug of Altus, Inc.
Rexco Drug of Altus, Inc. is a pharmacies company in Altus, Oklahoma, in business since 2010. It is owned by Kyle Keenum. Its estimated annual revenue is about $5.0M, with roughly $375K of EBITDA. It has about 11 employees. Its estimated business value is $899K (likely range $473K–$1.2M).
Common questions
- Who owns Rexco Drug of Altus, Inc.?
- Rexco Drug of Altus, Inc. is owned by Kyle Keenum, according to public sources such as the company's website or filings.
- How much revenue does Rexco Drug of Altus, Inc. make?
- SeeBITDA estimates Rexco Drug of Altus, Inc.'s annual revenue at about $5.0M (likely between $3.3M and $5.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rexco Drug of Altus, Inc. worth?
- About $899K, roughly 2.4× its estimated EBITDA of $375K, typical for a pharmacies company its size. Likely range: $473K–$1.2M.
- How many employees does Rexco Drug of Altus, Inc. have?
- About 11, as reported on its PPP loan.
- When was Rexco Drug of Altus, Inc. founded?
- Rexco Drug of Altus, Inc. has been in business since 2010.