Watts Funeral Home
- Brad WattsSigns company filings · Form 5500 (2024)
How we got $966K
Based on its 7 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 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Watts Funeral Home is a funeral home serving families in Madill, Kingston and Marietta, Oklahoma, offering burial, cremation and personalization services. The site describes the business as a family funeral home serving since 1926.
From the company's website. Industry: Funeral homes.
Customers & suppliers
Suppliers & brands
- Flanagan-Watts Monuments · brand it sells or installs
- Watts Monuments · brand it sells or installs
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
▲ 14% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $823K |
| 2020 | Form 5500 | 5 | $588K |
| 2021 | Form 5500 | 6 | $705K |
| 2022 | Form 5500 | 7 | $823K |
| 2023 | Form 5500 | 8 | $940K |
| 2024 | Form 5500 | 8 | $940K |
| 2025 | Form 5500 | 8 | $940K |
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 |
|---|---|---|
| WATTS FUNERAL HOME this business | $2.1M | — |
| DeArman-Clark Funeral Home Tishomingo | $2.2M | 11.4 mi |
| Clark Funeral Service, Inc. Tishomingo | $2.2M | 11.4 mi |
| Hartwell Funeral Home Tishomingo | $2.2M | 11.4 mi |
| Tishomingo Funeral Home Tishomingo | $2.2M | 11.9 mi |
| Kirk Funeral Home Ardmore | $2.2M | 20.8 mi |
| GRIFFIN HILLCREST FUNERAL HOME Ardmore · 12 employees | $2.2M | 20.9 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.1M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $371K |
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 | $966K |
| Multiple for this size and industry | 2.6× |
| Value range | $508K – $1.3M |
| Revenue range | $1.4M – $2.4M |
| EBITDA range | $244K – $424K |
| 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
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 | $76K | 7 |
2 locations
| 200 1ST ST | Madill | This listing |
| 707 US-70 | Kingston | 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 Watts Funeral Home
Watts Funeral Home is a funeral homes company in Madill, Oklahoma, in business since 1999. Its estimated annual revenue is about $2.1M, with roughly $371K of EBITDA. It has about 8 employees. Its estimated business value is $966K (likely range $508K–$1.3M). It has 2 locations.
Common questions
- Who owns Watts Funeral Home?
- The owner of Watts Funeral Home 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 Watts Funeral Home make?
- SeeBITDA estimates Watts Funeral Home's annual revenue at about $2.1M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Watts Funeral Home worth?
- About $966K, roughly 2.6× its estimated EBITDA of $371K, typical for a funeral homes company its size. Likely range: $508K–$1.3M.
- How many employees does Watts Funeral Home have?
- About 8, from its 2025 retirement-plan filing.
- When was Watts Funeral Home founded?
- Watts Funeral Home has been in business since 1999.