Co Ice, LLC
How we got $318K
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 30 years (since 1996)
- Founder still runs it after 30 years
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 17% 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 |
|---|---|---|
| CO ICE, LLC this business | $2.4M | — |
| COUNTRYSIDEOK LLC Medicine Park · 2 employees | $1.0M | 7.7 mi |
| MARLOW FISH AND SHRIMP INC Marlow · 6 employees | $1.3M | 27.9 mi |
| DUNCAN CITY DONUTS LLC Duncan · 2 employees | $546K | 28.0 mi |
| RIDLEY'S BUTCHER SHOP INC. Duncan · 5 employees | $1.9M | 29.5 mi |
| BILLS FISH HOUSE, INC Waurika · 24 employees | $4.9M | 39.7 mi |
| MIKE'S MEATS LLC Cordell · 2 employees | $599K | 55.3 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $159K |
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 | $318K |
| Multiple for this size and industry | 2× |
| Value range | $167K – $435K |
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $105K – $181K |
| Industry (NAICS) | Other Specialty Food Retailers (445299) |
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
People & 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/13/2020 | first | $37K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Co Ice, LLC
Co Ice, LLC is an other specialty food retailers company in Lawton, Oklahoma, in business since 1996. It is owned by Bill Braum (Founder). Its estimated annual revenue is about $2.4M, with roughly $159K of EBITDA. It has about 12 employees. Its estimated business value is $318K (likely range $167K–$435K).
Common questions
- Who owns Co Ice, LLC?
- Co Ice, LLC is owned by Bill Braum (Founder), according to public sources such as the company's website or filings.
- How much revenue does Co Ice, LLC make?
- SeeBITDA estimates Co Ice, LLC's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Co Ice, LLC worth?
- About $318K, roughly 2× its estimated EBITDA of $159K, typical for a other specialty food retailers company its size. Likely range: $167K–$435K.
- How many employees does Co Ice, LLC have?
- About 12, as reported on its PPP loan.
- When was Co Ice, LLC founded?
- Co Ice, LLC has been in business since 1996.
- Is Co Ice, LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 30 years (since 1996); founder still runs it after 30 years.