Twin Cities Ready Mix, Inc.
- John SchwarzSigns company filings · Form 5500 (2020)
How we got $84.3M
Based on its 144 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Employees over time
▲ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 144 | $60.2M |
| 2020 | Form 5500 | 117 | $48.9M |
| 2021 | Form 5500 | 126 | $52.7M |
| 2022 | Form 5500 | 143 | $59.8M |
| 2023 | Form 5500 | 145 | $60.7M |
| 2024 | Form 5500 | 158 | $66.1M |
| 2025 | Form 5500 | 169 | $70.7M |
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 Likely to sell
- In business 35 years (since 1991)
- Founder still runs it after 35 years
From public records and the company's website, not a statement that it's for sale.
Customers & suppliers
Customers
- Department of the Army · federal contracts $619K
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TWIN CITIES READY MIX, INC. this business | $109.7M | — |
| FORESEE READY MIX CONCRETE, INC. Eufaula · 3 employees | $3.5M | 23.2 mi |
| PRYOR SAND & REDI-MIX, INC. Porum · 5 employees | $2.6M | 37.2 mi |
| OKMULGEE READY MIX CONCRETE COMPANY Okmulgee · 11 employees | $4.8M | 47.2 mi |
| Century Steps Inc Muskogee | $2.0M | 56.3 mi |
| MUSKOGEE READY MIX LLC Muskogee · 9 employees | $4.8M | 59.7 mi |
The full calculation
| Employees reported to the SBA | 144 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $87.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $105.4M |
| Estimate: the two combined (geometric mean) | $109.7M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $11.2M |
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 | $84.3M |
| Multiple for this size and industry | 7.5× |
| Value range | $44.4M – $115.4M |
| Revenue range | $72.2M – $125.1M |
| EBITDA range | $7.4M – $12.8M |
| 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
History & advisors
Advisors
- AccountingMorse & Co., PLLCAudits its 401(k) plan (2022 filing)
- 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
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $1.8M | 144 |
5 locations
| 102 WEST ASHLAND ST. | Mcalester | This listing |
| 1710 S Broadway St | Poteau | View |
| 4612 S Muskogee Ave | Tahlequah | View |
| 1818 N 127th E Ave | Tulsa | View |
| 1004 W Stovall Rd | Wilburton | 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 Twin Cities Ready Mix, Inc.
Twin Cities Ready Mix, Inc. is a ready-mix concrete manufacturing company in Mcalester, Oklahoma, in business since 1991. It is owned by Tony and George Schwarz (Founder). Its estimated annual revenue is about $109.7M, with roughly $11.2M of EBITDA. It has about 169 employees. Its estimated business value is $84.3M (likely range $44.4M–$115.4M). It has 5 locations.
Common questions
- Who owns Twin Cities Ready Mix, Inc.?
- Twin Cities Ready Mix, Inc. is owned by Tony and George Schwarz (Founder), according to public sources such as the company's website or filings.
- How much revenue does Twin Cities Ready Mix, Inc. make?
- SeeBITDA estimates Twin Cities Ready Mix, Inc.'s annual revenue at about $109.7M (likely between $72.2M and $125.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Twin Cities Ready Mix, Inc. worth?
- About $84.3M, roughly 7.5× its estimated EBITDA of $11.2M, typical for a ready-mix concrete manufacturing company its size. Likely range: $44.4M–$115.4M.
- How many employees does Twin Cities Ready Mix, Inc. have?
- About 169, from its 2025 retirement-plan filing.
- When was Twin Cities Ready Mix, Inc. founded?
- Twin Cities Ready Mix, Inc. has been in business since 1991.
- Is Twin Cities Ready Mix, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 35 years (since 1991); founder still runs it after 35 years.