Thomas Funeral Home & Cremation Service, Inc.
How we got $233K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 65% 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 |
|---|---|---|
| THOMAS FUNERAL HOME & CREMATION SERVICE, INC. this business | $566K | — |
| Thomas & Chenoweth Funeral Home Welch | $2.2M | 6.5 mi |
| PAUL THOMAS FUNERAL HOME LLC Miami · 10 employees | $2.4M | 17.8 mi |
| PAUL THOMAS Miami · 10 employees | $2.3M | 17.8 mi |
| FAMILY SERVICE GROUP LLC Miami · 7 employees | $1.7M | 18.0 mi |
| Paul Thomas Funeral Home and Cremation Service Commerce | $2.2M | 18.4 mi |
| Luginbuel Funeral Home Vinita | $2.2M | 19.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $597K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $413K |
| Estimate: the two combined (geometric mean) | $566K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $111K |
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 | $233K |
| Multiple for this size and industry | 2.1× |
| Value range | $123K – $319K |
| Revenue range | $372K – $645K |
| EBITDA range | $73K – $127K |
| Industry (NAICS) | Funeral Homes and Funeral Services (812210) |
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
- BankingArvest Bank, Welch State Bank of Welch, Okla.PPP / 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
| Welch State Bank of Welch, Okla. PPP 2021 | All 108 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $10K | 2 |
| 5/18/2021 | second | $10K | 2 |
About Thomas Funeral Home & Cremation Service, Inc.
Thomas Funeral Home & Cremation Service, Inc. is a funeral homes company in Welch, Oklahoma. Its estimated annual revenue is about $566K, with roughly $111K of EBITDA. It has about 2 employees. Its estimated business value is $233K (likely range $123K–$319K).
Common questions
- Who owns Thomas Funeral Home & Cremation Service, Inc.?
- The owner of Thomas Funeral Home & Cremation Service, 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 Thomas Funeral Home & Cremation Service, Inc. make?
- SeeBITDA estimates Thomas Funeral Home & Cremation Service, Inc.'s annual revenue at about $566K (likely between $372K and $645K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thomas Funeral Home & Cremation Service, Inc. worth?
- About $233K, roughly 2.1× its estimated EBITDA of $111K, typical for a funeral homes company its size. Likely range: $123K–$319K.
- How many employees does Thomas Funeral Home & Cremation Service, Inc. have?
- About 2, as reported on its PPP loan.