Ada Music Center, LLC
How we got $710K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 56 years (since 1970)
- Family in the business (Holly Vallandingham, Owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Ada Music Center is a local band shop in Ada, Oklahoma, offering band instruments, accessories, rentals, and band instrument repair to Ada and surrounding areas.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- OKLAHOMA BAPTIST UNIVERSITY · Shawnee, 43 mi · $76.0M
- SOUTHERN NAZARENE UNIVERSITY · Bethany, 74 mi · $72.1M
- OKLAHOMA CHRISTIAN UNIVERSITY, INC. - NONPROFIT (NO BUSINESS · Oklahoma City, 73 mi · $71.2M
- SANTA FE SOUTH SCHOOLS, INC. · Oklahoma City, 65 mi · $58.3M
- DOVE SCHOOLS INC. · Oklahoma City, 71 mi · $44.0M
Estimated value over time
▲ 25% 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 |
|---|---|---|
| ADA MUSIC CENTER, LLC this business | $2.7M | — |
| SCRAPTOPIA LLC Ada · 1 employees | $337K | 0.3 mi |
| BAILEYS OUTDOOR SHOP LLC Ada · 6 employees | $2.0M | 0.7 mi |
| EASTMAN'S GAMES & GEAR LLC Ada · 4 employees | $2.0M | 0.9 mi |
| EASTMANS GAMES AND GEAR L LC Ada · 4 employees | $2.0M | 0.9 mi |
| WAITE'S DISCOUNT GUNS, INC. Pauls Valley · 3 employees | $2.5M | 30.5 mi |
| MACINTYRE HOLDINGS, LLC Shawnee · 2 employees | $927K | 39.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $2.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $296K |
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 | $710K |
| Multiple for this size and industry | 2.4× |
| Value range | $374K – $972K |
| Revenue range | $1.8M – $3.0M |
| EBITDA range | $195K – $337K |
| Industry (NAICS) | Retail Trade (451140) |
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: approximate sector default. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“It started out in 1970, as Spence Music, owned and operated out of the home of Denver Spence.”
Leadership
- HVHolly VallandinghamOwner · Company website · source
Advisors
- BankingVision 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
| Vision Bank PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $38K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ada Music Center, LLC
Ada Music Center, LLC is a retail trade company in Ada, Oklahoma, in business since 1970. It is owned by Richie Vallandingham. Its estimated annual revenue is about $2.7M, with roughly $296K of EBITDA. It has about 7 employees. Its estimated business value is $710K (likely range $374K–$972K).
Common questions
- Who owns Ada Music Center, LLC?
- Ada Music Center, LLC is owned by Richie Vallandingham, according to public sources such as the company's website or filings.
- How much revenue does Ada Music Center, LLC make?
- SeeBITDA estimates Ada Music Center, LLC's annual revenue at about $2.7M (likely between $1.8M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ada Music Center, LLC worth?
- About $710K, roughly 2.4× its estimated EBITDA of $296K, typical for a retail trade company its size. Likely range: $374K–$972K.
- How many employees does Ada Music Center, LLC have?
- About 7, as reported on its PPP loan.
- When was Ada Music Center, LLC founded?
- Ada Music Center, LLC has been in business since 1970.