Worrell Farms Partnership
How we got $3.1M
Based on its 56 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 42% 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 |
|---|---|---|
| WORRELL FARMS PARTNERSHIP this business | $8.6M | — |
| V 88 FARMS LLC Altus · 4 employees | $1.4M | 1.5 mi |
| AFL FARMS LLC Altus · 3 employees | $1.1M | 1.7 mi |
| S & D FARMS, INC Altus · 6 employees | $2.5M | 2.0 mi |
| SOUTHWEST COTTON FARMS, IINC. Altus · 4 employees | $1.4M | 2.1 mi |
| RCV FARMS, LLC Altus · 4 employees | $1.4M | 2.1 mi |
| V91 FARMS LLC Altus · 4 employees | $1.7M | 2.3 mi |
The full calculation
| Employees reported to the SBA | 56 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.2M |
| Estimate: the two combined (geometric mean) | $8.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $817K |
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 | $3.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.6M – $4.2M |
| Revenue range | $5.6M – $9.8M |
| EBITDA range | $537K – $931K |
| Industry (NAICS) | Farm Labor Contractors and Crew Leaders (115115) |
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. 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
- BankingFrazer 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
| Frazer Bank PPP 2020, PPP 2021 | All 177 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $241K | 38 |
| 2/3/2021 | second | $258K | 56 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Worrell Farms Partnership
Worrell Farms Partnership is a farm labor contractors and crew leaders company in Altus, Oklahoma, in business since 2005. Its estimated annual revenue is about $8.6M, with roughly $817K of EBITDA. It has about 56 employees. Its estimated business value is $3.1M (likely range $1.6M–$4.2M).
Common questions
- Who owns Worrell Farms Partnership?
- The owner of Worrell Farms Partnership 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 Worrell Farms Partnership make?
- SeeBITDA estimates Worrell Farms Partnership's annual revenue at about $8.6M (likely between $5.6M and $9.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Worrell Farms Partnership worth?
- About $3.1M, roughly 3.8× its estimated EBITDA of $817K, typical for a farm labor contractors and crew leaders company its size. Likely range: $1.6M–$4.2M.
- How many employees does Worrell Farms Partnership have?
- About 56, as reported on its PPP loan.
- When was Worrell Farms Partnership founded?
- Worrell Farms Partnership has been in business since 2005.