SeeBITDAOklahoma

Oklahoma businesses likely to sell

4 businesses in furniture & appliance stores in Oklahoma City show several signs that an owner may be getting ready to sell: decades in business, the founder still running it, no family successor, or a shrinking workforce. Signals, not certainties: a good list to start conversations from.

BusinessEst. revenueEst. valueScore
FURNITURE BUY CONSIGNMENT WAVRA LLC
Oklahoma City · Retail Trade · Owner: Jenny & Michael Verastique
  • In business 30 years (since 1996)
  • Founder still runs it after 30 years
$5.4M$779K42
HAGGARD'S MAY FURNITURE COMPANY
Oklahoma City · Retail Trade · Owner: John W. Haggard
  • In business 110 years (since 1916)
  • Founder still runs it after 110 years
  • Family in the business (J. Earle Haggard Jr., Author of About letter (no formal title stated))
$2.9M$402K40
HEENAN'S HOME FURNISHINGS
Oklahoma City · Retail Trade · Owner: Amy Williamson
  • In business 76 years (since 1950)
  • No family successor named on its website
$2.9M$402K40
The Groove OKC
Oklahoma City · Electronics and Appliance Retailers · Owner: James Westbrook
  • In business 43 years (since 1983)
  • No family successor named on its website
$2.8M$366K40

How the score works

Points for years in business (15, 25 and 40+ years), a founder still in charge after 20 years, no family member on the team after 25 years, and a headcount down 20% or more on recent retirement-plan filings. Points come off for family already in the business and for a recent sale or investment. Businesses scoring 40+ are listed. Founding years come from public records and the company's own website; see the methodology.