Toby Concrete Transportation, Inc.
How we got $6.3M
Based on its 20 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 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 47% 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 |
|---|---|---|
| TOBY CONCRETE TRANSPORTATION, INC. this business | $11.2M | — |
| CONNELLY READY-MIX CONCRETE, LLC Oklahoma City · 10 employees | $7.7M | 3.0 mi |
| CENTRAL BURIAL VAULTS, INC Oklahoma City · 48 employees | $16.1M | 5.0 mi |
| INNOVATIVE CONCRETE SOLUTIONS LLC Oklahoma City · 99 employees | $68.0M | 7.8 mi |
| METHENY CONCRETE PRODUCTS INC. Oklahoma City · 60 employees | $47.2M | 7.8 mi |
| METRO READY-MIX, INC. Mustang · 5 employees | $3.7M | 8.7 mi |
| GODDARD'S READY MIX CONCRETE CO., INC. Oklahoma City · 18 employees | $4.2M | 9.1 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.7M |
| Estimate: the two combined (geometric mean) | $11.2M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $1.4M |
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 | $6.3M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.3M – $8.7M |
| Revenue range | $7.3M – $12.7M |
| EBITDA range | $925K – $1.6M |
| Industry (NAICS) | Ready-Mix Concrete Manufacturing (327320) |
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
People & advisors
Advisors
- BankingFirst United 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $162K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Toby Concrete Transportation, Inc.
Toby Concrete Transportation, Inc. is a ready-mix concrete manufacturing company in Oklahoma City, Oklahoma, in business since 1996. Its estimated annual revenue is about $11.2M, with roughly $1.4M of EBITDA. It has about 20 employees. Its estimated business value is $6.3M (likely range $3.3M–$8.7M).
Common questions
- Who owns Toby Concrete Transportation, Inc.?
- The owner of Toby Concrete Transportation, Inc. 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 Toby Concrete Transportation, Inc. make?
- SeeBITDA estimates Toby Concrete Transportation, Inc.'s annual revenue at about $11.2M (likely between $7.3M and $12.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Toby Concrete Transportation, Inc. worth?
- About $6.3M, roughly 4.5× its estimated EBITDA of $1.4M, typical for a ready-mix concrete manufacturing company its size. Likely range: $3.3M–$8.7M.
- How many employees does Toby Concrete Transportation, Inc. have?
- About 20, as reported on its PPP loan.
- When was Toby Concrete Transportation, Inc. founded?
- Toby Concrete Transportation, Inc. has been in business since 1996.