Shipman Retail Grocery, LLC
How we got $1.5M
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 33% 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 RETAIL GROCERY, LLC this business | $9.4M | — |
| CAMELBACK CORNER, LLC Duncan · 7 employees | $2.9M | 6.2 mi |
| COX'S CASH & DASH, LLC Duncan · 5 employees | $2.3M | 8.7 mi |
| BBBM LLC Duncan · 1 employees | $678K | 9.3 mi |
| BOZCO, INC Duncan · 65 employees | $21.0M | 9.3 mi |
| CENTRAL STATION LLC Duncan · 68 employees | $14.1M | 9.3 mi |
| CENTRAL STATIONS, LLC Duncan · 30 employees | $10.5M | 9.3 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.5M |
| Estimate: the two combined (geometric mean) | $9.4M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $509K |
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 | $1.5M |
| Multiple for this size and industry | 3× |
| Value range | $803K – $2.1M |
| Revenue range | $6.2M – $10.7M |
| EBITDA range | $335K – $580K |
| Industry (NAICS) | Supermarkets and Other Grocery Retailers (except Convenience Retailers) (445110) |
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
- 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 Roles are as stated there and may be out of date.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, PPP 2021 | 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 |
|---|---|---|---|
| 4/28/2020 | first | $105K | 26 |
| 1/27/2021 | second | $105K | 28 |
About Shipman Retail Grocery, LLC
Shipman Retail Grocery, LLC is a supermarkets and other grocery retailers (except convenience retailers) company in Marlow, Oklahoma. Its estimated annual revenue is about $9.4M, with roughly $509K of EBITDA. It has about 28 employees. Its estimated business value is $1.5M (likely range $803K–$2.1M).
Common questions
- Who owns Shipman Retail Grocery, LLC?
- The owner of Shipman Retail Grocery, 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 Shipman Retail Grocery, LLC make?
- SeeBITDA estimates Shipman Retail Grocery, LLC's annual revenue at about $9.4M (likely between $6.2M and $10.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shipman Retail Grocery, LLC worth?
- About $1.5M, roughly 3× its estimated EBITDA of $509K, typical for a supermarkets and other grocery retailers (except convenience retailers) company its size. Likely range: $803K–$2.1M.
- How many employees does Shipman Retail Grocery, LLC have?
- About 28, as reported on its PPP loan.