Wheeler Scrap Metals. Inc
How we got $4.4M
Based on its 17 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 58 years (since 1968)
From public records and the company's website, not a statement that it's for sale.
What they do
Wheeler Metals is a business established in 1968 that provides metal products and services to its customers, with locations in Oklahoma, Arkansas and Missouri. It sells building materials, tools, farm equipment, and welding supplies.
From the company's website. Industry: Recyclable Material Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Ingersoll - Rand · brand it sells or installs
Estimated value over time
▲ 48% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WHEELER SCRAP METALS. INC this business | $15.0M | — |
| SPECIAL FX FIREWORKS INC. Muskogee · 11 employees | $9.0M | 1.1 mi |
| C-H WHOLESALE FIREWORKS Muskogee · 2 employees | $2.6M | 1.3 mi |
| SAFETY FIRE EXTINGUISHERS, INC, Muskogee · 2 employees | $1.8M | 4.1 mi |
| BIG TOYS GREEN COUNTRY LLC Muskogee · 6 employees | $7.5M | 4.5 mi |
| THE YAFFE COMPANIES INCORPORATED Muskogee · 400 employees | $509.6M | 5.0 mi |
| BUDGET WRECKER AND RECYCLING LLC Wagoner · 7 employees | $6.5M | 11.0 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.0M |
| Estimate: the two combined (geometric mean) | $15.0M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.0M |
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 | $4.4M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.3M – $6.1M |
| Revenue range | $9.9M – $17.1M |
| EBITDA range | $677K – $1.2M |
| Industry (NAICS) | Recyclable Material Merchant Wholesalers (423930) |
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
“Established in 1968, Wheeler Metals has been providing quality service and products to our customers for over 55 years.”
Advisors
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $134K | 17 |
| 2/24/2021 | second | $123K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wheeler Scrap Metals. Inc
Wheeler Scrap Metals. Inc is a recyclable material merchant wholesalers company in Muskogee, Oklahoma, in business since 1968. Its estimated annual revenue is about $15.0M, with roughly $1.0M of EBITDA. It has about 17 employees. Its estimated business value is $4.4M (likely range $2.3M–$6.1M).
Common questions
- Who owns Wheeler Scrap Metals. Inc?
- The owner of Wheeler Scrap Metals. Inc 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 Wheeler Scrap Metals. Inc make?
- SeeBITDA estimates Wheeler Scrap Metals. Inc's annual revenue at about $15.0M (likely between $9.9M and $17.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wheeler Scrap Metals. Inc worth?
- About $4.4M, roughly 4.3× its estimated EBITDA of $1.0M, typical for a recyclable material merchant wholesalers company its size. Likely range: $2.3M–$6.1M.
- How many employees does Wheeler Scrap Metals. Inc have?
- About 17, as reported on its PPP loan.
- When was Wheeler Scrap Metals. Inc founded?
- Wheeler Scrap Metals. Inc has been in business since 1968.