Shipman Funeral Home & Crematory
How we got $806K
Based on its 12 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 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 65% 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 |
|---|---|---|
| SHIPMAN FUNERAL HOME & CREMATORY this business | $1.7M | — |
| Mallett Funeral Home and Crematory Wagoner | $2.2M | 2.3 mi |
| Hersman-Nichols Funeral Home Wagoner | $2.2M | 2.3 mi |
| House of Winn Funeral Home and Cremations Muskogee | $2.2M | 11.4 mi |
| CORNERSTONE FUNERAL HOME & CREMATORY, LLC Muskogee · 8 employees | $2.0M | 11.8 mi |
| Granger-House of Winn Funeral Home Muskogee | $2.2M | 12.2 mi |
| Clifford D. Garrett Family Funeral Home and Crematory Muskogee | $2.2M | 12.4 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $310K |
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 | $806K |
| Multiple for this size and industry | 2.6× |
| Value range | $424K – $1.1M |
| Revenue range | $1.1M – $2.0M |
| EBITDA range | $204K – $354K |
| Industry (NAICS) | Funeral Homes and Funeral Services (812210) |
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
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $42K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shipman Funeral Home & Crematory
Shipman Funeral Home & Crematory is a funeral homes company in Wagoner, Oklahoma, in business since 2000. Its estimated annual revenue is about $1.7M, with roughly $310K of EBITDA. It has about 12 employees. Its estimated business value is $806K (likely range $424K–$1.1M).
Common questions
- Who owns Shipman Funeral Home & Crematory?
- The owner of Shipman Funeral Home & Crematory 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 Shipman Funeral Home & Crematory make?
- SeeBITDA estimates Shipman Funeral Home & Crematory's annual revenue at about $1.7M (likely between $1.1M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shipman Funeral Home & Crematory worth?
- About $806K, roughly 2.6× its estimated EBITDA of $310K, typical for a funeral homes company its size. Likely range: $424K–$1.1M.
- How many employees does Shipman Funeral Home & Crematory have?
- About 12, as reported on its PPP loan.
- When was Shipman Funeral Home & Crematory founded?
- Shipman Funeral Home & Crematory has been in business since 2000.