Smith Farm and Garden, Inc
How we got $4.5M
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 67 years (since 1959)
From public records and the company's website, not a statement that it's for sale.
What they do
Smith Farm and Garden is a family-owned and operated outdoor power equipment dealer serving Oklahoma City and Tulsa, selling new equipment and parts.
From the company's website. Industry: Farm and Garden Machinery and Equipment Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Billy Goat · brand it sells or installs
- Briggs & Stratton · brand it sells or installs
- ECHO · brand it sells or installs
- Honda Power Equipment · brand it sells or installs
- Hustler Turf · brand it sells or installs
- Kawasaki Engines & Power Products · brand it sells or installs
- Kohler Engine · brand it sells or installs
- Mantis · brand it sells or installs
- Scag · brand it sells or installs
- Shindaiwa · brand it sells or installs
- STIHL · brand it sells or installs
- Toro · brand it sells or installs
Estimated value over time
▲ 34% 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 |
|---|---|---|
| SMITH FARM AND GARDEN, INC this business | $15.2M | — |
| Am Supply Oklahoma City | $3.0M | 1.2 mi |
| MAXWELL SUPPLY COMPANY Oklahoma City · 35 employees | $59.3M | 1.2 mi |
| THE CLARENCE L. BOYD COMPANY, INC. Oklahoma City · 90 employees | $147.7M | 1.3 mi |
| American Hose & Supply Oklahoma City | $4.0M | 1.4 mi |
| MID AMERICA RIGGING LLC Oklahoma City · 16 employees | $13.3M | 1.6 mi |
| La Car Tube Co Oklahoma City | $9.6M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.9M |
| Estimate: the two combined (geometric mean) | $15.2M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.0M |
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 | $4.5M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.4M – $6.1M |
| Revenue range | $10.0M – $17.4M |
| EBITDA range | $686K – $1.2M |
| Industry (NAICS) | Farm and Garden Machinery and Equipment Merchant Wholesalers (423820) |
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
“Since 1959, Smith Farm and Garden has been proudly family-owned and operated, serving the communities of Oklahoma City and Tulsa.”
Advisors
- BankingINTRUST Bank, National AssociationPPP / 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
| INTRUST Bank, National Association PPP 2020 | All 170 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $176K | 15 |
3 locations
| 3733 NW 10TH ST | Oklahoma City | This listing |
| 5606 S Garnett Rd | Tulsa | View |
| 8804 E 41st St | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Smith Farm and Garden, Inc
Smith Farm and Garden, Inc is a family-owned farm and garden machinery and equipment merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1959. Its estimated annual revenue is about $15.2M, with roughly $1.0M of EBITDA. It has about 15 employees. Its estimated business value is $4.5M (likely range $2.4M–$6.1M). It has 3 locations.
Common questions
- Who owns Smith Farm and Garden, Inc?
- The owner of Smith Farm and Garden, Inc 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 Smith Farm and Garden, Inc make?
- SeeBITDA estimates Smith Farm and Garden, Inc's annual revenue at about $15.2M (likely between $10.0M and $17.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smith Farm and Garden, Inc worth?
- About $4.5M, roughly 4.3× its estimated EBITDA of $1.0M, typical for a farm and garden machinery and equipment merchant wholesalers company its size. Likely range: $2.4M–$6.1M.
- How many employees does Smith Farm and Garden, Inc have?
- About 15, as reported on its PPP loan.
- When was Smith Farm and Garden, Inc founded?
- Smith Farm and Garden, Inc has been in business since 1959.