SeeBITDAOklahoma

Stockman's Milling, Inc

Other Animal Food Manufacturing
  • 18157 COUNTY ROAD NS 220, Frederick, OK
  • Since 2010
  • Family-owned
  • NAICS 311119
Estimated valueMedium confidence
$2.2M
$1.2Mlikely range$3.0M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$7.1M
a year
Profit (EBITDA)
$581K
8% of revenue
Employees
7
reported in 2020
Leadership
Jonrob Challacombe Feed
Owner · source
Unlikely to sell soon
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $2.2M

Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.

7 employees × $987K each$6.9M
PPP payroll ÷ payroll's usual share of revenue$5.7M
Shown toward the top of its range×1.14
Revenue$7.1M
× 8% profit margin$581K
× 3.8 sale multiple = value$2.2M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 16 years (since 2010)

From public records and the company's website, not a statement that it's for sale.

What they do

Stockman's Milling, Inc. is a Frederick, OK business whose site lists bulk commodities, mixed feed, and seed. The homepage shows only navigation and contact details, so little else is stated.

Products & services
Bulk CommoditiesMixed FeedSeed

From the company's website. Industry: Other Animal Food Manufacturing.

Estimated value over time

▲ 56% since 2020
$0$1.3M$2.5M20202026

Today'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

BusinessEst. revenueEst. profitDistance
STOCKMAN'S MILLING, INC
this business
$7.1M$581K—
United Ag & Turf
Frederick
$15.1M$1.6M2.8 mi
Western Steel
Indiahoma
$3.0M$400K22.1 mi
SS MetalWorks
Altus
$3.0M$400K23.7 mi
Quartz Mountain Wines
Altus
$3.5M$748K24.0 mi
LIFE IS A BATCH, LLC
Altus · 5 employees
$1.1M$126K24.3 mi
Vintage Revival
Altus
$3.0M$400K24.5 mi

The full calculation

Employees reported to the SBA7
Revenue from headcount (employees × revenue per employee for companies this size)$6.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$5.7M
Estimate: the two combined (geometric mean)$7.1M
EBITDA margin (industry, adjusted for size)8%
EBITDA = revenue × margin$581K

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$2.2M
Multiple for this size and industry3.8×
Value range$1.2M – $3.0M
Revenue range$4.7M – $8.1M
EBITDA range$382K – $662K
Industry (NAICS)Other Animal Food Manufacturing (311119)

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

Founded by Tommy ChallacombeFamily-owned
“In 2023, operations were passed onto the next generation of Challacombes.”

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
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/11/2020first$54K$54K7BancFirst

Public records

DOT motor carrier
USDOT 2093893
Trucks (power units)7
Drivers3
Miles (2025)112,000
Registered with DOT2010

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Stockman's Milling, Inc

Stockman's Milling, Inc is a family-owned other animal food manufacturing company in Frederick, Oklahoma, in business since 2010. It is owned by Jonrob Challacombe Feed. Its estimated annual revenue is about $7.1M, with roughly $581K of EBITDA. It has about 7 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M).

Common questions

Who owns Stockman's Milling, Inc?
Stockman's Milling, Inc is owned by Jonrob Challacombe Feed, according to public sources such as the company's website or filings.
How much revenue does Stockman's Milling, Inc make?
SeeBITDA estimates Stockman's Milling, Inc's annual revenue at about $7.1M (likely between $4.7M and $8.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Stockman's Milling, Inc worth?
About $2.2M, roughly 3.8× its estimated EBITDA of $581K, typical for a other animal food manufacturing company its size. Likely range: $1.2M–$3.0M.
How many employees does Stockman's Milling, Inc have?
About 7, as reported on its PPP loan.
When was Stockman's Milling, Inc founded?
Stockman's Milling, Inc has been in business since 2010.