Anesthesia Service, Inc.
How we got $3.1M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Anesthesia Service, Inc. is a specialty house for anesthesia and critical care in Oklahoma City, OK, offering anesthesia systems, monitors, airway management, accessories, service, and gases.
From the company's website. Industry: Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Mindray · brand it sells or installs
- Penlon · brand it sells or installs
- GE · brand it sells or installs
- Datex Ohmeda · brand it sells or installs
- Draeger · brand it sells or installs
Estimated value over time
▲ 40% 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.
Employees over time
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 11 | $11.4M |
| 2020 | Form 5500 | 13 | $13.4M |
| 2021 | Form 5500 | 12 | $12.4M |
| 2022 | Form 5500 | 12 | $12.4M |
| 2023 | Form 5500 | 11 | $11.4M |
| 2024 | Form 5500 | 11 | $11.4M |
| 2025 | Form 5500 | 11 | $11.4M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| ANESTHESIA SERVICE, INC. this business | $11.6M | — |
| IMAGENET CONSULTING LLC Oklahoma City · 388 employees | $1.01B | 1.2 mi |
| NOVA VENTURE SERVICES LLC Oklahoma City · 2 employees | $2.5M | 1.4 mi |
| IRWIN BUSINESS MACHINES, INC. Oklahoma City · 6 employees | $1.7M | 1.5 mi |
| AMUNDSEN COMMERCIAL KITCHENS INC Oklahoma City · 44 employees | $32.1M | 1.6 mi |
| R.B. AKINS COMPANY Oklahoma City | $25.1M | 1.7 mi |
| LIPPE FEDERAL LLC Oklahoma City · 33 employees | $33.1M | 1.9 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.6M |
| Estimate: the two combined (geometric mean) | $11.6M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $854K |
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 | $3.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.6M – $4.2M |
| Revenue range | $7.6M – $13.2M |
| EBITDA range | $562K – $974K |
| Industry (NAICS) | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450) |
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. 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
- BankingSimmons 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
| Simmons Bank PPP 2020, PPP 2021 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $181K | 11 |
| 4/16/2020 | first | $64K | 4 |
| 2/2/2021 | second | $64K | 3 |
| 2/26/2021 | second | $181K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Anesthesia Service, Inc.
Anesthesia Service, Inc. is a medical, dental, and hospital equipment and supplies merchant wholesalers company in Oklahoma City, Oklahoma, in business since 2002. It is owned by David Walker. Its estimated annual revenue is about $11.6M, with roughly $854K of EBITDA. It has about 11 employees. Its estimated business value is $3.1M (likely range $1.6M–$4.2M).
Common questions
- Who owns Anesthesia Service, Inc.?
- Anesthesia Service, Inc. is owned by David Walker, according to public sources such as the company's website or filings.
- How much revenue does Anesthesia Service, Inc. make?
- SeeBITDA estimates Anesthesia Service, Inc.'s annual revenue at about $11.6M (likely between $7.6M and $13.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Anesthesia Service, Inc. worth?
- About $3.1M, roughly 3.6× its estimated EBITDA of $854K, typical for a medical, dental, and hospital equipment and supplies merchant wholesalers company its size. Likely range: $1.6M–$4.2M.
- How many employees does Anesthesia Service, Inc. have?
- About 11, from its 2025 retirement-plan filing.
- When was Anesthesia Service, Inc. founded?
- Anesthesia Service, Inc. has been in business since 2002.