Wheelers Meat Market, Inc
How we got $2.7M
Based on 58 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
- Family in the business (Darren Wheeler, Owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Wheeler's Meat Market is a meat market offering fresh and smoked meats, premium seasonings and specialty items, with custom cuts and cooking advice at the counter. Its company was founded over 100 years ago on the principles of offering the best selection and best service.
From the company's website. Industry: Specialty Food Retailers.
Customers & suppliers
Suppliers & brands
- Certified Angus Beef · brand it sells or installs
- Chairman's Reserve Premium Pork · brand it sells or installs
- Sanderson Farms Natural Chicken · brand it sells or installs
Estimated value over time
▲ 46% 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 |
|---|---|---|
| WHEELERS MEAT MARKET, INC this business | $17.9M | — |
| SMK INC Oklahoma City · 2 employees | $792K | 1.4 mi |
| DULCERIA EL GIRASOL LLC Oklahoma City · 7 employees | $1.1M | 1.8 mi |
| MMG INVESTMENTS, LLC Oklahoma City · 45 employees | $4.3M | 3.1 mi |
| BRICKTOWN CANDY COMPANY Oklahoma City · 7 employees | $1.4M | 3.4 mi |
| STELLANOVA OKC CAFES, LLC Oklahoma City · 20 employees | $5.9M | 3.9 mi |
| GRAFFITI FOOD ART OKC LLC Oklahoma City · 6 employees | $1.9M | 4.0 mi |
The full calculation
| Employees reported to the SBA | 58 |
| Industry revenue per employee | $176K |
| Revenue = employees × revenue per employee | $17.9M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $899K |
| Cross-check: revenue implied by PPP payroll | $2.7M |
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 | $2.7M |
| Multiple for this size and industry | 3× |
| Value range | $1.3M – $3.8M |
| Revenue range | $10.6M – $21.2M |
| EBITDA range | $532K – $1.1M |
| Industry (NAICS) | Specialty Food Retailers (445210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Leadership
- DWDarren WheelerOwner · Company website · source
Advisors
- BankingFrontier State BankPPP / 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
| Frontier State Bank PPP 2020 | All 156 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/12/2020 | first | $56K | 58 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wheelers Meat Market, Inc
Wheelers Meat Market, Inc is a specialty food retailers company in Oklahoma City, Oklahoma, in business since 2006. It is owned by Darrell Wheeler. Its estimated annual revenue is about $17.9M, with roughly $899K of EBITDA. It has about 58 employees. Its estimated business value is $2.7M (likely range $1.3M–$3.8M).
Common questions
- Who owns Wheelers Meat Market, Inc?
- Wheelers Meat Market, Inc is owned by Darrell Wheeler, according to public sources such as the company's website or filings.
- How much revenue does Wheelers Meat Market, Inc make?
- SeeBITDA estimates Wheelers Meat Market, Inc's annual revenue at about $17.9M (likely between $10.6M and $21.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wheelers Meat Market, Inc worth?
- About $2.7M, roughly 3× its estimated EBITDA of $899K, typical for a specialty food retailers company its size. Likely range: $1.3M–$3.8M.
- How many employees does Wheelers Meat Market, Inc have?
- About 58, as reported on its PPP loan.
- When was Wheelers Meat Market, Inc founded?
- Wheelers Meat Market, Inc has been in business since 2006.