SeeBITDAOklahoma

Carel Farms, LLC

Agriculture, Forestry, Fishing
Estimated valueMedium confidence
$475K
$250Klikely range$650K
About 2.5× its yearly profit, typical for a company this size in its industry.
Revenue
$1.1M
a year
Profit (EBITDA)
$190K
17% of revenue
Employees
2
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $475K

Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.

2 employees × $541K each$1.1M
PPP payroll ÷ payroll's usual share of revenue$882K
Shown toward the top of its range×1.14
Revenue$1.1M
× 17% profit margin$190K
× 2.5 sale multiple = value$475K

· Own this business? Correct these figures

Estimated value over time

▲ 31% since 2020
$0$273K$546K20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
CAREL FARMS, LLC
this business
$1.1M$190K—
ESTES FARMS HAY SERVICE
El Reno · 6 employees
$2.8M$432K6.0 mi
PARIZEK FARMS, LLC
Yukon · 6 employees
$3.1M$475K16.1 mi
STACKIN HAY LLC
Calumet · 1 employees
$992K$169K17.0 mi
SER RANCH LLC
Okarche · 1 employees
$612K$122K18.5 mi
KD&K CATTLE CO LLC
Oklahoma City · 1 employees
$992K$169K20.0 mi
NEWBREED ALTERNATIVES
Oklahoma City · 1 employees
$688K$138K20.8 mi

The full calculation

Employees reported to the SBA2
Revenue from headcount (employees × revenue per employee for companies this size)$1.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$882K
Estimate: the two combined (geometric mean)$1.1M
EBITDA margin (industry, adjusted for size)17%
EBITDA = revenue × margin$190K

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$475K
Multiple for this size and industry2.5×
Value range$250K – $650K
Revenue range$733K – $1.3M
EBITDA range$125K – $217K
Industry (NAICS)Agriculture, Forestry, Fishing (111998)

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

History & advisors

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$13K$13K2BancFirst

About Carel Farms, LLC

Carel Farms, LLC is an agriculture, forestry, fishing company in Union City, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $190K of EBITDA. It has about 2 employees. Its estimated business value is $475K (likely range $250K–$650K).

Common questions

Who owns Carel Farms, LLC?
The owner of Carel Farms, LLC 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 Carel Farms, LLC make?
SeeBITDA estimates Carel Farms, LLC's annual revenue at about $1.1M (likely between $733K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Carel Farms, LLC worth?
About $475K, roughly 2.5× its estimated EBITDA of $190K, typical for a agriculture, forestry, fishing company its size. Likely range: $250K–$650K.
How many employees does Carel Farms, LLC have?
About 2, as reported on its PPP loan.