SeeBITDAOklahoma

Froman Oil Company Inc

General Freight Trucking
  • 17951 S HWY 66, Claremore, OK (approx.)
  • Since 2003
Estimated valueLow confidence
$5.1M
$2.4Mlikely range$7.3M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$12.4M
a year
Profit (EBITDA)
$1.3M
11% of revenue
Employees
46
drivers (FMCSA)
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $5.1M

Based on 27 drivers and 46 trucks on its federal motor carrier registration.

46 drivers × $270K each$12.4M
Revenue$12.4M
× 11% profit margin$1.3M
× 3.8 sale multiple = value$5.1M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
No website found
Owner not found
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 23 years (since 2003)

From public records and the company's website, not a statement that it's for sale.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
FROMAN OIL COMPANY INC
this business
$12.4M$1.3M—
BRYAN AND SON'S TRANSPORT LLC
Claremore
$932K$149K0.2 mi
GAMBLER INC
Claremore
$2.9M$419K0.2 mi
TEAL WING ENTERPRISES LLC
Claremore
$1.4M$202K0.2 mi
THERMAL TECHNOLOGIES INC
Claremore
$3.5M$466K0.2 mi
A TODHUNTER CONSTRUCTION & DEMOLITION LLC
Claremore
$932K$149K0.2 mi
MIDTOWN RENTAL SALES & SERVICE INC
Claremore
$1.4M$202K0.3 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date: prices are 10% higher than in the benchmark's year, both included above.

Estimated value = EBITDA × typical sale multiple$5.1M
Multiple for this size and industry3.8×
Value range$2.4M – $7.3M
Revenue range$7.4M – $14.7M
EBITDA range$796K – $1.6M
Industry (NAICS)General Freight Trucking (4841)

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. These are statistical estimates, not reported financials. Listing details come from the FMCSA motor carrier census. Full methodology

Public records

DOT motor carrier
USDOT 1102904
Trucks (power units)46
Drivers27
Miles (2023)1,500,000
Registered with DOT2003

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Froman Oil Company Inc

Froman Oil Company Inc is a general freight trucking company in Claremore, Oklahoma, in business since 2003. Its estimated annual revenue is about $12.4M, with roughly $1.3M of EBITDA. Its estimated business value is $5.1M (likely range $2.4M–$7.3M).

Common questions

Who owns Froman Oil Company Inc?
The owner of Froman Oil Company 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 Froman Oil Company Inc make?
SeeBITDA estimates Froman Oil Company Inc's annual revenue at about $12.4M (likely between $7.4M and $14.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Froman Oil Company Inc worth?
About $5.1M, roughly 3.8× its estimated EBITDA of $1.3M, typical for a general freight trucking company its size. Likely range: $2.4M–$7.3M.
When was Froman Oil Company Inc founded?
Froman Oil Company Inc has been in business since 2003.