Gardentown, LLC
How we got $2.3M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 35% 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
What they do
Gardentown is a garden center and landscaping business in Duncan, Oklahoma that offers garden supplies, plants, hardscape materials, outdoor decor, design, and landscape installation. It serves homeowners looking to transform their backyards into outdoor spaces.
From the company's website. Industry: Lawn and Garden Equipment and Supplies Retailers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GARDENTOWN, LLC this business | $8.1M | — |
| LIGONS GARDEN CENTER LLC Duncan · 2 employees | $1.7M | 1.9 mi |
| FRONTIER FEEDS LLC Marlow · 22 employees | $16.2M | 8.8 mi |
| VOODOO HYDRO, LLC Lawton · 4 employees | $3.3M | 24.0 mi |
| RMH FARMS, LLC Lawton · 6 employees | $2.2M | 26.8 mi |
| VooDoo Hydro Supply Lawton | $4.0M | 26.8 mi |
| NATURESCAPE, LLC Lawton · 7 employees | $3.0M | 32.9 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.7M |
| Estimate: the two combined (geometric mean) | $8.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $771K |
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 | $2.3M |
| Multiple for this size and industry | 3× |
| Value range | $1.2M – $3.2M |
| Revenue range | $5.3M – $9.2M |
| EBITDA range | $507K – $879K |
| Industry (NAICS) | Lawn and Garden Equipment and Supplies Retailers (444220) |
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
- 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
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $74K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gardentown, LLC
Gardentown, LLC is a lawn and garden equipment and supplies retailers company in Duncan, Oklahoma, in business since 2019. It is owned by Jim Spurlock. Its estimated annual revenue is about $8.1M, with roughly $771K of EBITDA. It has about 18 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns Gardentown, LLC?
- Gardentown, LLC is owned by Jim Spurlock, according to public sources such as the company's website or filings.
- How much revenue does Gardentown, LLC make?
- SeeBITDA estimates Gardentown, LLC's annual revenue at about $8.1M (likely between $5.3M and $9.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gardentown, LLC worth?
- About $2.3M, roughly 3× its estimated EBITDA of $771K, typical for a lawn and garden equipment and supplies retailers company its size. Likely range: $1.2M–$3.2M.
- How many employees does Gardentown, LLC have?
- About 18, as reported on its PPP loan.
- When was Gardentown, LLC founded?
- Gardentown, LLC has been in business since 2019.