Witt-Underwood Memorials, Inc.
How we got $456K
Based on its 3 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 20 years (since 2006)
- Founder still runs it after 20 years
From public records and the company's website, not a statement that it's for sale.
What they do
Witt Underwood Memorials, Inc. is a small family owned business in Pryor, Oklahoma, selling memorials to families in northeast Oklahoma, offering a personal one-on-one experience and doing all work in house.
From the company's website. Industry: Retail Trade.
Estimated value over time
▲ 59% 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 |
|---|---|---|
| WITT-UNDERWOOD MEMORIALS, INC. this business | $2.0M | — |
| C & R OIL CO Pryor · 2 employees | $2.8M | 1.2 mi |
| CHELSEA BUTANE COMPANY Pryor · 28 employees | $26.3M | 5.5 mi |
| PRATER'S PROPANE COMPANY Claremore · 1 employees | $1.3M | 9.2 mi |
| COTTON COTTAGE, LLC Claremore · 1 employees | $606K | 16.0 mi |
| FROMAN OIL COMPANY INC. Claremore · 11 employees | $7.5M | 16.2 mi |
| FROMAN PROPANE CO Claremore · 17 employees | $12.8M | 16.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| 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) | $2.1M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $228K |
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 | $456K |
| Multiple for this size and industry | 2× |
| Value range | $240K – $624K |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $150K – $260K |
| 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
People & advisors
Advisors
- BankingRCB 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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $26K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Witt-Underwood Memorials, Inc.
Witt-Underwood Memorials, Inc. is a retail trade company in Pryor, Oklahoma, in business since 2006. It is owned by Howard Witt (Founder). Its estimated annual revenue is about $2.0M, with roughly $228K of EBITDA. It has about 3 employees. Its estimated business value is $456K (likely range $240K–$624K).
Common questions
- Who owns Witt-Underwood Memorials, Inc.?
- Witt-Underwood Memorials, Inc. is owned by Howard Witt (Founder), according to public sources such as the company's website or filings.
- How much revenue does Witt-Underwood Memorials, Inc. make?
- SeeBITDA estimates Witt-Underwood Memorials, Inc.'s annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Witt-Underwood Memorials, Inc. worth?
- About $456K, roughly 2× its estimated EBITDA of $228K, typical for a retail trade company its size. Likely range: $240K–$624K.
- How many employees does Witt-Underwood Memorials, Inc. have?
- About 3, as reported on its PPP loan.
- When was Witt-Underwood Memorials, Inc. founded?
- Witt-Underwood Memorials, Inc. has been in business since 2006.