Circle E Inc
How we got $405K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 23% 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.
What we know
Signs of a sale Some signs of a sale
- In business 34 years (since 1992)
From public records and the company's website, not a statement that it's for sale.
What they do
Circle E, Inc. is a family owned and operated animal health business in Edmond, Oklahoma, established in 1992, offering products for large and small animals and riders.
From the company's website. Industry: Farm Supplies Merchant Wholesalers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CIRCLE E INC this business | $3.0M | — |
| A PLUS ACCESSORIES Edmond · 1 employees | $831K | 1.3 mi |
| GARLAND ANIMAL WELLNESS, LLC Edmond · 1 employees | $2.6M | 2.5 mi |
| WILKERSON SOLUTIONS INC. Edmond · 2 employees | $4.1M | 4.5 mi |
| BODE BEAUTY SUPPLY INC Edmond · 10 employees | $8.0M | 5.6 mi |
| 2ND STREET CIGARS LLC Edmond · 5 employees | $7.5M | 5.7 mi |
| G C & S CO. (TRANSPACIFIC INC) Edmond · 14 employees | $17.4M | 5.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $169K |
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 | $405K |
| Multiple for this size and industry | 2.4× |
| Value range | $213K – $554K |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $111K – $192K |
| Industry (NAICS) | Farm Supplies Merchant Wholesalers (424910) |
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
History & advisors
Advisors
- BankingF & M 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
| F & M Bank PPP 2020, PPP 2021 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $10K | 2 |
| 1/14/2021 | second | $10K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Circle E Inc
Circle E Inc is a family-owned farm supplies merchant wholesalers company in Edmond, Oklahoma, in business since 1992. Its estimated annual revenue is about $3.0M, with roughly $169K of EBITDA. It has about 2 employees. Its estimated business value is $405K (likely range $213K–$554K).
Common questions
- Who owns Circle E Inc?
- The owner of Circle E 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 Circle E Inc make?
- SeeBITDA estimates Circle E Inc's annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Circle E Inc worth?
- About $405K, roughly 2.4× its estimated EBITDA of $169K, typical for a farm supplies merchant wholesalers company its size. Likely range: $213K–$554K.
- How many employees does Circle E Inc have?
- About 2, as reported on its PPP loan.
- When was Circle E Inc founded?
- Circle E Inc has been in business since 1992.