Southern Material Handling Company
How we got $46.5M
Based on its 54 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 54 | $17.2M |
| 2020 | Form 5500 | 50 | $15.9M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SOUTHERN MATERIAL HANDLING COMPANY this business | $26.0M | — |
| HGGC HOLDINGS LLC Tulsa · 1 employees | $784K | 0.9 mi |
| SOMETHING BORROWED CONSIGNMENT LLC Tulsa · 4 employees | $2.2M | 1.0 mi |
| DME EXPRESS, LLC Tulsa | $176.9M | 1.2 mi |
| OKLAHOMA EQUIPMENT SALES & RENTAL, LLC Tulsa · 7 employees | $3.6M | 2.5 mi |
| ADVANCED COPIER SYSTEMS, LLC Broken Arrow · 11 employees | $6.1M | 3.0 mi |
| UBER GROU P.L.L.C. Tulsa · 29 employees | $13.2M | 3.5 mi |
The full calculation
| Employees reported to the SBA | 54 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $22.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $23.6M |
| Estimate: the two combined (geometric mean) | $26.0M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $7.2M |
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 | $46.5M |
| Multiple for this size and industry | 6.5× |
| Value range | $24.5M – $63.6M |
| Revenue range | $17.1M – $29.7M |
| EBITDA range | $4.7M – $8.2M |
| Industry (NAICS) | Other Commercial and Industrial Machinery and Equipment Rental and Leasing (532490) |
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. 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
- BankingBOKF, 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 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 | $683K | 54 |
| 1/29/2021 | second | $683K | 54 |
2 locations
| 8118 E 44th St | Owasso | This listing |
| 601 N 41st St E | Muskogee | 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 Southern Material Handling Company
Southern Material Handling Company is an other commercial and industrial machinery and equipment rental and leasing company in Owasso, Oklahoma, in business since 2002. Its estimated annual revenue is about $26.0M, with roughly $7.2M of EBITDA. It has about 50 employees. Its estimated business value is $46.5M (likely range $24.5M–$63.6M). It has 2 locations.
Common questions
- Who owns Southern Material Handling Company?
- The owner of Southern Material Handling Company 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 Southern Material Handling Company make?
- SeeBITDA estimates Southern Material Handling Company's annual revenue at about $26.0M (likely between $17.1M and $29.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southern Material Handling Company worth?
- About $46.5M, roughly 6.5× its estimated EBITDA of $7.2M, typical for a other commercial and industrial machinery and equipment rental and leasing company its size. Likely range: $24.5M–$63.6M.
- How many employees does Southern Material Handling Company have?
- About 50, from its 2020 retirement-plan filing.
- When was Southern Material Handling Company founded?
- Southern Material Handling Company has been in business since 2002.