Varner & Varner
How we got $8.0M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Varner and Varner is a livestock business in Bristow, OK that buys cattle from ranchers, feed yards and backgrounders and offers custom livestock processing. It says it serves operations with anywhere from five to 500 acres.
From the company's website. Industry: Livestock Merchant Wholesalers.
Estimated value over time
▲ 22% 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 |
|---|---|---|
| VARNER & VARNER this business | $50.4M | — |
| MID AMERICA STOCKYARDS, INC Bristow · 52 employees | $96.5M | 1.4 mi |
| WORLD VIEW INC Jenks · 2 employees | $113K | 26.6 mi |
| TULSA EXECUTIVE FLIGHT LLC Tulsa · 23 employees | $42.7M | 29.1 mi |
| COVENANT SOD, LLC Coweta · 2 employees | $3.2M | 38.7 mi |
| PAYNE COUNTY STOCKYARDS LLC Perkins · 3 employees | $13.8M | 40.4 mi |
| PAWNEE SALE BARN LLC Pawnee · 35 employees | $64.9M | 42.2 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $42.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $59.5M |
| Estimate: the two combined (geometric mean) | $50.4M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $1.8M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 2% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $8.0M |
| Multiple for this size and industry | 4.3× |
| Value range | $4.8M – $12.4M |
| Revenue range | $37.8M – $65.5M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | Livestock Merchant Wholesalers (424520) |
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. 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, PPP 2021 | 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 | $196K | 23 |
| 4/22/2021 | second | $171K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Varner & Varner
Varner & Varner is a livestock merchant wholesalers company in Bristow, Oklahoma. It is owned by Sam Varner (Co-Owner). Its estimated annual revenue is about $50.4M, with roughly $1.8M of EBITDA. It has about 23 employees. Its estimated business value is $8.0M (likely range $4.8M–$12.4M).
Common questions
- Who owns Varner & Varner?
- Varner & Varner is owned by Sam Varner (Co-Owner), according to public sources such as the company's website or filings.
- How much revenue does Varner & Varner make?
- SeeBITDA estimates Varner & Varner's annual revenue at about $50.4M (likely between $37.8M and $65.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Varner & Varner worth?
- About $8.0M, roughly 4.3× its estimated EBITDA of $1.8M, typical for a livestock merchant wholesalers company its size. Likely range: $4.8M–$12.4M.
- How many employees does Varner & Varner have?
- About 23, as reported on its PPP loan.