Two Bulls Performance Feed
How we got $162K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 51% since 2021Today'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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TWO BULLS PERFORMANCE FEED this business | $636K | — |
| STYLL IMAGES, LLC Marlow · 4 employees | $2.3M | 7.6 mi |
| OBERLE ENTERPRISES LLC Fletcher · 1 employees | $566K | 21.3 mi |
| SOONER STATE PROPANE LLC Elgin · 2 employees | $1.7M | 28.6 mi |
| ELGIN PROPANE, INC Elgin · 3 employees | $2.9M | 30.9 mi |
| MOTIONWORKS INDUSTRIAL SAFETY LLC Chickasha · 3 employees | $1.7M | 31.8 mi |
| WRIGHT WATER CORPORATION Chickasha · 10 employees | $4.1M | 33.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $478K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $651K |
| Estimate: the two combined (geometric mean) | $636K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $81K |
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 | $162K |
| Multiple for this size and industry | 2× |
| Value range | $85K – $221K |
| Revenue range | $419K – $725K |
| EBITDA range | $53K – $92K |
| Industry (NAICS) | Retail Trade (454390) |
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: approximate sector default. 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
- BankingBank of CommercePPP / 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 Roles are as stated there and may be out of date.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
| Bank of Commerce PPP 2021 | All 308 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/27/2021 | first | $8K | 1 |
About Two Bulls Performance Feed
Two Bulls Performance Feed is a retail trade company in Bray, Oklahoma. Its estimated annual revenue is about $636K, with roughly $81K of EBITDA. It has about 1 employees. Its estimated business value is $162K (likely range $85K–$221K).
Common questions
- Who owns Two Bulls Performance Feed?
- The owner of Two Bulls Performance Feed 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 Two Bulls Performance Feed make?
- SeeBITDA estimates Two Bulls Performance Feed's annual revenue at about $636K (likely between $419K and $725K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Two Bulls Performance Feed worth?
- About $162K, roughly 2× its estimated EBITDA of $81K, typical for a retail trade company its size. Likely range: $85K–$221K.
- How many employees does Two Bulls Performance Feed have?
- About 1, as reported on its PPP loan.