Southern Machine Works, Inc.
How we got $4.9M
Based on its 27 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 40% 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.
What we know
Signs of a sale Likely to sell
- In business 62 years (since 1964)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Southern Machine Works, Inc. is a precision CNC machining and contract manufacturing company in Duncan, OK that makes make-to-print components for aerospace, defense, weapons and commercial OEM customers.
From the company's website. Industry: Machine shops & fabrication.
Customers & suppliers
Suppliers & brands
- Mazak · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SOUTHERN MACHINE WORKS, INC. this business | $9.1M | — |
| BF MACHINE SHOP INC Duncan · 5 employees | $2.0M | 1.6 mi |
| Cobb Engineering Duncan | $1.0M | 2.6 mi |
| VOIGHT MANUFACTURING LLC Comanche · 5 employees | $1.7M | 4.5 mi |
| MOWDY MACHINE INC Duncan · 2 employees | $602K | 6.3 mi |
| CANFIELD MACHINE, INC Duncan · 2 employees | $719K | 6.5 mi |
| 3B INDUSTRIES, INC. Comanche · 19 employees | $4.0M | 8.2 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.2M |
| Estimate: the two combined (geometric mean) | $9.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| 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 | $4.9M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.6M – $6.7M |
| Revenue range | $6.0M – $10.4M |
| EBITDA range | $689K – $1.2M |
| Industry (NAICS) | Machine Shops (332710) |
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
“Established in 1964 and later acquired by Frank Burch Sr. in 1974, Southern Machine Works has flourished as a family-centric enterprise.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $306K | 26 |
| 1/21/2021 | second | $309K | 27 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Southern Machine Works, Inc.
Southern Machine Works, Inc. is a machine shops & fabrication company in Duncan, Oklahoma, in business since 1964. It is owned by Frank Burch Sr. (Owner (acquired the company in 1974)). Its estimated annual revenue is about $9.1M, with roughly $1.0M of EBITDA. It has about 27 employees. Its estimated business value is $4.9M (likely range $2.6M–$6.7M).
Common questions
- Who owns Southern Machine Works, Inc.?
- Southern Machine Works, Inc. is owned by Frank Burch Sr. (Owner (acquired the company in 1974)), according to public sources such as the company's website or filings.
- How much revenue does Southern Machine Works, Inc. make?
- SeeBITDA estimates Southern Machine Works, Inc.'s annual revenue at about $9.1M (likely between $6.0M and $10.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southern Machine Works, Inc. worth?
- About $4.9M, roughly 4.7× its estimated EBITDA of $1.0M, typical for a machine shops & fabrication company its size. Likely range: $2.6M–$6.7M.
- How many employees does Southern Machine Works, Inc. have?
- About 27, as reported on its PPP loan.
- When was Southern Machine Works, Inc. founded?
- Southern Machine Works, Inc. has been in business since 1964.
- Is Southern Machine Works, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 62 years (since 1964); no family successor named on its website.