Vondel L. Smith and Son Mortuary, Inc.
How we got $2.8M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 69 years (since 1957)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Vondel L. Smith & Sons Mortuaries is a family-run funeral business in Oklahoma City offering funeral, burial, cremation and memorial services, along with preplanning and grief support. The pages describe it as carried on by three generations of the Smith family since 1957.
From the company's website. Industry: Funeral homes.
Estimated value over time
▲ 65% 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
▼ 31% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 26 | $3.1M |
| 2020 | Form 5500 | 24 | $2.8M |
| 2021 | Form 5500 | 23 | $2.7M |
| 2022 | Form 5500 | 24 | $2.8M |
| 2023 | Form 5500 | 23 | $2.7M |
| 2024 | Form 5500 | 20 | $2.4M |
| 2025 | Form 5500 | 18 | $2.1M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| VONDEL L. SMITH AND SON MORTUARY, INC. this business | $6.1M | — |
| SWM, INC. Oklahoma City · 9 employees | $1.8M | 0.0 mi |
| Advantage Funeral & Cremation Services - South Chapel Oklahoma City | $2.2M | 1.1 mi |
| Promise Family Center Oklahoma City | $2.2M | 1.2 mi |
| Alternatives Cremation and Funeral Service New Cordell | $2.2M | 1.3 mi |
| OKLAHOMACITYCREMATION.COM, LLC Oklahoma City · 1 employees | $427K | 1.6 mi |
| HARRIS-HOWARD ENTERPRISES, INC. Oklahoma City · 15 employees | $2.9M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.2M |
| Estimate: the two combined (geometric mean) | $6.1M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $875K |
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 | $2.8M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.5M – $3.8M |
| Revenue range | $4.0M – $7.0M |
| EBITDA range | $575K – $997K |
| 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
People & advisors
“Vondel L. Smith & Sons Mortuaries and Crematoriums business has been carried on by three generations of the Smith family, which began in 1957 with Vondel Lee Smith in Oklahoma City.”
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 |
|---|---|---|---|
| 4/5/2020 | first | $268K | 26 |
2 locations
| 6934 S WESTERN AVE | Oklahoma City | This listing |
| 13125 N MacArthur Blvd | Oklahoma City | 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 Vondel L. Smith and Son Mortuary, Inc.
Vondel L. Smith and Son Mortuary, Inc. is a family-owned funeral homes company in Oklahoma City, Oklahoma, in business since 1957. It is owned by Scott Smith. Its estimated annual revenue is about $6.1M, with roughly $875K of EBITDA. It has about 18 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M). It has 2 locations.
Common questions
- Who owns Vondel L. Smith and Son Mortuary, Inc.?
- Vondel L. Smith and Son Mortuary, Inc. is owned by Scott Smith, according to public sources such as the company's website or filings.
- How much revenue does Vondel L. Smith and Son Mortuary, Inc. make?
- SeeBITDA estimates Vondel L. Smith and Son Mortuary, Inc.'s annual revenue at about $6.1M (likely between $4.0M and $7.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Vondel L. Smith and Son Mortuary, Inc. worth?
- About $2.8M, roughly 3.2× its estimated EBITDA of $875K, typical for a funeral homes company its size. Likely range: $1.5M–$3.8M.
- How many employees does Vondel L. Smith and Son Mortuary, Inc. have?
- About 18, from its 2025 retirement-plan filing.
- When was Vondel L. Smith and Son Mortuary, Inc. founded?
- Vondel L. Smith and Son Mortuary, Inc. has been in business since 1957.
- Is Vondel L. Smith and Son Mortuary, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 69 years (since 1957); no family successor named on its website.