Appelbaum Animal Clinic
How we got $1.1M
Based on its 10 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
- Family in the business (Leslie Appelbaum, Practice Manager)
From public records and the company's website, not a statement that it's for sale.
What they do
Appelbaum Animal Clinic is a full-service veterinary clinic in Tulsa, Oklahoma, led by Dr. Mark Appelbaum, offering care for pets from puppy and kitten exams to end of life care.
From the company's website. Industry: Veterinarians.
Estimated value over time
▲ 44% 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 |
|---|---|---|
| APPELBAUM ANIMAL CLINIC this business | $2.1M | — |
| WORLD TRAVEL SERVICES LLC Tulsa · 66 employees | $24.8M | 0.3 mi |
| SEBASTIAN LANTOS LLC Tulsa · 4 employees | $1.1M | 0.4 mi |
| South Memorial Animal Hospital Tulsa | $1.2M | 0.7 mi |
| INTEGRATIVE VETERINARY CARE Tulsa · 5 employees | $726K | 0.7 mi |
| VCA Woodland East Animal Hospital Tulsa | $1.2M | 0.8 mi |
| Tulsa Animal Urgent Care Tulsa | $1.2M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $2.1M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $370K |
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 | $1.1M |
| Multiple for this size and industry | 3× |
| Value range | $584K – $1.5M |
| Revenue range | $1.4M – $2.4M |
| EBITDA range | $243K – $422K |
| Industry (NAICS) | Veterinary Services (541940) |
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
Leadership
- LALeslie AppelbaumPractice Manager · Company website · source
- DBDeanna BatesVeterinarian · Company website · source
- LLLacey LovelessVeterinarian · Company website · source
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 PPP 2020 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $81K | 10 |
2 locations
| 8316 E 61st #109 | Tulsa | This listing |
| 5909 S Mingo Rd | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Appelbaum Animal Clinic
Appelbaum Animal Clinic is a veterinarians company in Tulsa, Oklahoma, in business since 2016. It is owned by Mark Appelbaum (Practice Owner/Veterinarian). Its estimated annual revenue is about $2.1M, with roughly $370K of EBITDA. It has about 10 employees. Its estimated business value is $1.1M (likely range $584K–$1.5M). It has 2 locations.
Common questions
- Who owns Appelbaum Animal Clinic?
- Appelbaum Animal Clinic is owned by Mark Appelbaum (Practice Owner/Veterinarian), according to public sources such as the company's website or filings.
- How much revenue does Appelbaum Animal Clinic make?
- SeeBITDA estimates Appelbaum Animal Clinic's annual revenue at about $2.1M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Appelbaum Animal Clinic worth?
- About $1.1M, roughly 3× its estimated EBITDA of $370K, typical for a veterinarians company its size. Likely range: $584K–$1.5M.
- How many employees does Appelbaum Animal Clinic have?
- About 10, as reported on its PPP loan.
- When was Appelbaum Animal Clinic founded?
- Appelbaum Animal Clinic has been in business since 2016.