Ron's Discount Lumber Inc.
How we got $31.3M
Based on its 87 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
- Headcount down 41% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 50% 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.
Employees over time
▼ 30% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 87 | $106.3M |
| 2020 | Form 5500 | 104 | $127.0M |
| 2021 | Form 5500 | 63 | $76.9M |
| 2022 | Form 5500 | 60 | $73.3M |
| 2023 | Form 5500 | 61 | $74.5M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RON'S DISCOUNT LUMBER INC. this business | $84.1M | — |
| SHORE STONE LLC Poteau · 9 employees | $8.3M | 6.6 mi |
| FALCON MX6 MANUFACTURING LLC Poteau · 9 employees | $4.3M | 6.8 mi |
| STIGLER STONE COMPANY, INC. Stigler · 10 employees | $6.0M | 36.4 mi |
| FRAME BUILDING AND SUPPLY LLC Checotah · 5 employees | $4.5M | 61.5 mi |
The full calculation
| Employees reported to the SBA | 87 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $103.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $68.4M |
| Estimate: the two combined (geometric mean) | $84.1M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $5.0M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 21% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $31.3M |
| Multiple for this size and industry | 6.2× |
| Value range | $18.8M – $48.8M |
| Revenue range | $63.0M – $109.3M |
| EBITDA range | $3.8M – $6.6M |
| Industry (NAICS) | Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers (423310) |
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
- BankingFirst National 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
| First Bank PPP 2020 | All 220 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 | $770K | 87 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ron's Discount Lumber Inc.
Ron's Discount Lumber Inc. is a lumber, plywood, millwork, and wood panel merchant wholesalers company in Howe, Oklahoma, in business since 1999. Its estimated annual revenue is about $84.1M, with roughly $5.0M of EBITDA. It has about 61 employees. Its estimated business value is $31.3M (likely range $18.8M–$48.8M).
Common questions
- Who owns Ron's Discount Lumber Inc.?
- The owner of Ron's Discount Lumber 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 Ron's Discount Lumber Inc. make?
- SeeBITDA estimates Ron's Discount Lumber Inc.'s annual revenue at about $84.1M (likely between $63.0M and $109.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ron's Discount Lumber Inc. worth?
- About $31.3M, roughly 6.2× its estimated EBITDA of $5.0M, typical for a lumber, plywood, millwork, and wood panel merchant wholesalers company its size. Likely range: $18.8M–$48.8M.
- How many employees does Ron's Discount Lumber Inc. have?
- About 61, from its 2023 retirement-plan filing.
- When was Ron's Discount Lumber Inc. founded?
- Ron's Discount Lumber Inc. has been in business since 1999.