Southern Market Group, Inc
How we got $13.2M
Based on its 74 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 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 53% 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 |
|---|---|---|
| SOUTHERN MARKET GROUP, INC this business | $34.8M | — |
| VIZION VENDING, L.L.C. Ada · 4 employees | $1.7M | 41.8 mi |
| BASKIN ENTERPRISES, INC. Durant · 2 employees | $1.0M | 45.2 mi |
| A-1 VENDING, L.L.C. Blanchard · 2 employees | $1.2M | 59.1 mi |
| H & R SALES, INC. Washington · 1 employees | $590K | 61.6 mi |
The full calculation
| Employees reported to the SBA | 74 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $36.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $25.4M |
| Estimate: the two combined (geometric mean) | $34.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $3.0M |
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 | $13.2M |
| Multiple for this size and industry | 4.4× |
| Value range | $6.9M – $18.0M |
| Revenue range | $22.9M – $39.7M |
| EBITDA range | $2.0M – $3.4M |
| Industry (NAICS) | Retail Trade (454210) |
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: approximate sector default. 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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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 Roles are as stated there and may be out of date.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
| First National Bank and Trust Company of Ardmore PPP 2020, PPP 2021 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $491K | 62 |
| 1/20/2021 | second | $539K | 74 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Southern Market Group, Inc
Southern Market Group, Inc is a retail trade company in Ardmore, Oklahoma, in business since 1999. It is owned by TIM JONES. Its estimated annual revenue is about $34.8M, with roughly $3.0M of EBITDA. It has about 74 employees. Its estimated business value is $13.2M (likely range $6.9M–$18.0M).
Common questions
- Who owns Southern Market Group, Inc?
- Southern Market Group, Inc is owned by TIM JONES, according to public sources such as the company's website or filings.
- How much revenue does Southern Market Group, Inc make?
- SeeBITDA estimates Southern Market Group, Inc's annual revenue at about $34.8M (likely between $22.9M and $39.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southern Market Group, Inc worth?
- About $13.2M, roughly 4.4× its estimated EBITDA of $3.0M, typical for a retail trade company its size. Likely range: $6.9M–$18.0M.
- How many employees does Southern Market Group, Inc have?
- About 74, as reported on its PPP loan.
- When was Southern Market Group, Inc founded?
- Southern Market Group, Inc has been in business since 1999.