Devine
How we got $534K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 23 years (since 2003)
- Founder still runs it after 23 years
From public records and the company's website, not a statement that it's for sale.
What they do
deVine Water bottles natural artesian water from a sandstone reservoir in Oklahoma and offers it to consumers, with custom labeling and delivery services.
From the company's website. Industry: Bottled Water Manufacturing.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Devine this business | $1.1M | — |
| Alva Beer Co. Alva | $3.5M | 0.2 mi |
| DEVINE WATER, LLC Jet · 7 employees | $3.8M | 27.7 mi |
| Plymouth Valley Cellars Major County | $3.5M | 44.4 mi |
| SETTLERS BREWING CO, LLC Enid · 6 employees | $2.0M | 51.7 mi |
| ENID BREWING COMPANY, L.L.C. Enid · 23 employees | $7.7M | 51.8 mi |
| VERNOST WINE COMPANY Hennessey · 1 employees | $392K | 64.0 mi |
The full calculation
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 | $534K |
| Multiple for this size and industry | 2.5× |
| Value range | $157K – $957K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Bottled Water Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (20%). Treat these as a rough guide.
| Revenue range | $396K – $1.6M |
| EBITDA range | $78K – $319K |
| Industry (NAICS) | Bottled Water Manufacturing (312112) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
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 Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Devine
Devine is a family-owned bottled water manufacturing company in Alva, Oklahoma, in business since 2003. It is owned by Max McDermott (Founder). Its estimated annual revenue is about $1.1M, with roughly $214K of EBITDA. Its estimated business value is $534K (likely range $157K–$957K).
Common questions
- Who owns Devine?
- Devine is owned by Max McDermott (Founder), according to public sources such as the company's website or filings.
- How much revenue does Devine make?
- SeeBITDA estimates Devine's annual revenue at about $1.1M (likely between $396K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Devine worth?
- About $534K, roughly 2.5× its estimated EBITDA of $214K, typical for a bottled water manufacturing company its size. Likely range: $157K–$957K.
- When was Devine founded?
- Devine has been in business since 2003.