SeeBITDAOklahoma

Turner Funeral Home Enterprises, Inc

Estimated valueMedium confidence
$1.1M
$577Klikely range$1.5M
About 2.6× its yearly profit, typical for a company this size in its industry.
Revenue
$2.4M
a year
Profit (EBITDA)
$422K
18% of revenue
Employees
11
reported in 2020
Leadership
Kori Turner
Owner · source · confirmed by 2 sources
Unlikely to sell soon

How we got $1.1M

Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.

11 employees × $164K each$1.8M
PPP payroll ÷ payroll's usual share of revenue$2.4M
Shown toward the top of its range×1.14
Revenue$2.4M
× 18% profit margin$422K
× 2.6 sale multiple = value$1.1M

· Own this business? Correct these figures

Estimated value over time

▲ 65% since 2020
$0$631K$1.3M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

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

Signs of a sale Unlikely to sell soon

  • In business 18 years (since 2008)

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

What they do

Turner Funeral Home is a family-run funeral home and cremation provider with locations in Hinton, Geary and Binger, Oklahoma, serving friends and neighbors in the funeral business for generations.

Products & services
Traditional Funeral ServiceCremation ServicesCaskets, Vaults, and UrnsAdvanced Funeral PlanningSend FlowersVeterans HeadstonesVeterans Burial FlagsGrief Support
Service area
Hinton, OKGeary, OKBinger, OKCaddo, Blaine, Canadian, Custer and surrounding counties

From the company's website. Industry: Funeral homes.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
TURNER FUNERAL HOME ENTERPRISES, INC
this business
$2.4M$422K—
TURNER FUNERAL HOMES ENTERPRISES INC
Hinton · 11 employees
$2.3M$412K0.0 mi
Turner Funeral Home
Geary
$2.2M$390K11.0 mi
LOCKSTONE FUNERAL HOME INC.
Weatherford · 6 employees
$1.8M$318K20.1 mi
HUBER-BENSON FUNERAL HOME
El Reno · 5 employees
$1.0M$206K23.1 mi
Huber-Reynolds Funeral Home
Minco
$2.2M$390K25.6 mi
The Funeral Home
Watonga
$2.2M$390K25.8 mi

The full calculation

Employees reported to the SBA11
Revenue from headcount (employees × revenue per employee for companies this size)$1.8M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.4M
Estimate: the two combined (geometric mean)$2.4M
EBITDA margin (industry, adjusted for size)18%
EBITDA = revenue × margin$422K

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$1.1M
Multiple for this size and industry2.6×
Value range$577K – $1.5M
Revenue range$1.6M – $2.7M
EBITDA range$277K – $481K
Industry (NAICS)Funeral Homes and Funeral Services (812210)

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

“For five generations, the Turner family has humbly and honorably served their friends and neighbors in the funeral business.”

Advisors

  • BankingBlue Sky BankPPP / 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

Blue Sky Bank
PPP 2020
All 430 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$85K$85K11Blue Sky Bank

Public records

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

About Turner Funeral Home Enterprises, Inc

Turner Funeral Home Enterprises, Inc is a funeral homes company in Hinton, Oklahoma, in business since 2008. It is owned by Kori Turner. Its estimated annual revenue is about $2.4M, with roughly $422K of EBITDA. It has about 11 employees. Its estimated business value is $1.1M (likely range $577K–$1.5M).

Common questions

Who owns Turner Funeral Home Enterprises, Inc?
Turner Funeral Home Enterprises, Inc is owned by Kori Turner, according to public sources such as the company's website or filings.
How much revenue does Turner Funeral Home Enterprises, Inc make?
SeeBITDA estimates Turner Funeral Home Enterprises, Inc's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Turner Funeral Home Enterprises, Inc worth?
About $1.1M, roughly 2.6× its estimated EBITDA of $422K, typical for a funeral homes company its size. Likely range: $577K–$1.5M.
How many employees does Turner Funeral Home Enterprises, Inc have?
About 11, as reported on its PPP loan.
When was Turner Funeral Home Enterprises, Inc founded?
Turner Funeral Home Enterprises, Inc has been in business since 2008.