SeeBITDAOklahoma

Access Optics, LLC

Ophthalmic Goods Manufacturing
Estimated valueMedium confidence
$6.4M
$3.4Mlikely range$8.8M
About 4.7× its yearly profit, typical for a company this size in its industry.
Revenue
$11.2M
a year
Profit (EBITDA)
$1.4M
12% of revenue
Employees
30
reported in 2020
Leadership
Pam Hogrefe
President · source · confirmed by 2 sources
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $6.4M

Based on its 30 employees and its payroll, both reported for PPP in 2020 and brought up to date.

30 employees × $312K each$9.3M
PPP payroll ÷ payroll's usual share of revenue$10.3M
Shown toward the top of its range×1.14
Revenue$11.2M
× 12% profit margin$1.4M
× 4.7 sale multiple = value$6.4M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 27 years (since 1999)
  • No family successor named on its website

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

What they do

Access Optics, LLC is a contract design and manufacturing company that provides optical imaging and diagnostic devices and opto-mechanical and opto-electronic products to medical OEM customers.

Products & services
Surgical Endoscopy Design & RepairGlass-To-Metal SealsMicro OpticsMicro Precision SubassembliesMicro ImagingThin Film CoatingPrecision Optics & AssembliesHermetic Optical CellsPrecision Laser WeldingDesign & DevelopmentManufacturing + AssemblyTest & Measurement
Markets served
medical OEM'sminimally invasive visualization devicesmedical devices
Certifications
ISO 13485ITAR CompliantFDA RegisteredClass 7 Clean Room

From the company's website. Industry: Ophthalmic Goods Manufacturing.

Customers & suppliers

Customers

  • U.S. Homeland Security · named on its website

Estimated value over time

▲ 29% since 2020
$0$3.7M$7.4M2020202120222023202420252026

Today'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

▼ 60% since 2020
025502020202120222023202420253012
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan30$9.1M$1.1M
2021Form 55007$2.1M$259K
2022Form 55009$2.7M$333K
2023Form 55008$2.4M$296K
2024Form 550011$3.3M$407K
2025Form 550012$3.6M$444K

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

BusinessEst. revenueEst. profitDistance
ACCESS OPTICS, LLC
this business
$11.2M$1.4M—
HERITAGE MEDICAL EQUIPMENT, INC.
Broken Arrow · 2 employees
$710K$140K1.2 mi
rxotulsa
Broken Arrow
$1.7M$179K1.8 mi
RX OPTICAL LLC
Broken Arrow · 69 employees
$24.0M$2.7M1.8 mi
CHENOWETH DENTAL CREATIONS
Broken Arrow · 4 employees
$785K$132K2.5 mi
EYE RESTORATION CLINIC
Tulsa · 4 employees
$813K$136K3.0 mi
TK & TN DENTAL INC.
Tulsa · 7 employees
$1.3M$219K3.7 mi

The full calculation

Employees reported to the SBA30
Revenue from headcount (employees × revenue per employee for companies this size)$9.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$10.3M
Estimate: the two combined (geometric mean)$11.2M
EBITDA margin (industry, adjusted for size)12%
EBITDA = revenue × margin$1.4M

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$6.4M
Multiple for this size and industry4.7×
Value range$3.4M – $8.8M
Revenue range$7.4M – $12.8M
EBITDA range$896K – $1.6M
Industry (NAICS)Ophthalmic Goods Manufacturing (339115)

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

History & advisors

Founded 2000
“Established in 2000”

Advisors

  • BankingFirst Oklahoma 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 Oklahoma Bank
7(a) 2020, PPP 2020, PPP 2021
All 695 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$282K$284K27First Oklahoma Bank
1/30/2021second$293K$295K30First Oklahoma Bank

Public records

SBA loans
1 since 2020
Jun 20207(a)$4.9MFirst Oklahoma Bank

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

About Access Optics, LLC

Access Optics, LLC is an ophthalmic goods manufacturing company in Broken Arrow, Oklahoma, in business since 1999. It is owned by Pam Hogrefe (President). Its estimated annual revenue is about $11.2M, with roughly $1.4M of EBITDA. It has about 12 employees. Its estimated business value is $6.4M (likely range $3.4M–$8.8M).

Common questions

Who owns Access Optics, LLC?
Access Optics, LLC is owned by Pam Hogrefe (President), according to public sources such as the company's website or filings.
How much revenue does Access Optics, LLC make?
SeeBITDA estimates Access Optics, LLC's annual revenue at about $11.2M (likely between $7.4M and $12.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Access Optics, LLC worth?
About $6.4M, roughly 4.7× its estimated EBITDA of $1.4M, typical for a ophthalmic goods manufacturing company its size. Likely range: $3.4M–$8.8M.
How many employees does Access Optics, LLC have?
About 12, from its 2025 retirement-plan filing.
When was Access Optics, LLC founded?
Access Optics, LLC has been in business since 1999.