Southwest Distributing Co., Inc.
How we got $2.4M
Based on 13 employees on its 2024 401(k) filing.
What we know
Signs of a sale High sell likelihood
- In business 40 years (since 1986)
- Founder still runs it after 40 years
- Headcount down 24% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 16% 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
▼ 7% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 14 | $11.4M |
| 2020 | Form 5500 | 13 | $10.6M |
| 2021 | Form 5500 | 16 | $13.0M |
| 2022 | Form 5500 | 17 | $13.8M |
| 2023 | Form 5500 | 15 | $12.2M |
| 2024 | Form 5500 | 13 | $10.6M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SOUTHWEST DISTRIBUTING CO., INC. this business | $9.1M | — |
| H&C SERVICES, INC Weatherford · 14 employees | $7.1M | 15.0 mi |
| KING-LINDSEY INC Cordell · 1 employees | $817K | 18.4 mi |
| LINDLEY FARM EQUIPMENT, INC. Cordell · 16 employees | $10.7M | 18.4 mi |
| CRANKY STEER TRADING LLC Thomas · 4 employees | $3.0M | 21.6 mi |
| MIDWEST FARM SUPPLY INC Elk City · 5 employees | $2.6M | 26.6 mi |
| FARM UNION CO-OPERATIVE, GIN Elk City · 5 employees | $3.8M | 26.9 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $2.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.5M – $4.4M |
| Employees in its retirement plan (2024 Form 5500) | 13 |
| Industry revenue per employee | $814K |
| Revenue = employees × revenue per employee | $9.1M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $671K |
| For comparison: employees reported for PPP (2020) | 14 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $7.3M – $13.7M |
| EBITDA range | $537K – $1.0M |
| 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. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingOklahoma Bank and Trust CompanyPPP / 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
| Oklahoma Bank and Trust Company PPP 2020 | All 72 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $241K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Southwest Distributing Co., Inc.
Southwest Distributing Co., Inc. is a farm and garden machinery and equipment merchant wholesalers company in Clinton, Oklahoma, in business since 1986. It is owned by L.R. Sights (Founder). Its estimated annual revenue is about $9.1M, with roughly $671K of EBITDA. It has about 13 employees. Its estimated business value is $2.4M (likely range $1.5M–$4.4M).
Common questions
- Who owns Southwest Distributing Co., Inc.?
- Southwest Distributing Co., Inc. is owned by L.R. Sights (Founder), according to public sources such as the company's website or filings.
- How much revenue does Southwest Distributing Co., Inc. make?
- SeeBITDA estimates Southwest Distributing Co., Inc.'s annual revenue at about $9.1M (likely between $7.3M and $13.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southwest Distributing Co., Inc. worth?
- About $2.4M, roughly 3.6× its estimated EBITDA of $671K, typical for a farm and garden machinery and equipment merchant wholesalers company its size. Likely range: $1.5M–$4.4M.
- How many employees does Southwest Distributing Co., Inc. have?
- About 13, from its 2024 retirement-plan filing.
- When was Southwest Distributing Co., Inc. founded?
- Southwest Distributing Co., Inc. has been in business since 1986.
- Is Southwest Distributing Co., Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 40 years (since 1986); founder still runs it after 40 years; headcount down 24% since 2022 (retirement plan filings).