Ardmore Hearing Aid Service Inc
How we got $909K
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Ardmore Hearing Aid Service is a medically focused, family-owned hearing care practice offering hearing tests, hearing aid fitting and hearing aids. It aims to help patients find a better quality of life through better hearing.
From the company's website. Industry: Electromedical and Electrotherapeutic Apparatus Manufacturing.
Customers & suppliers
Suppliers & brands
- Starkey · brand it sells or installs
Estimated value over time
▲ 32% 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 |
|---|---|---|
| ARDMORE HEARING AID SERVICE INC this business | $2.3M | — |
| SCHAFER MEDICAL PLLC Ardmore · 13 employees | $6.8M | 1.1 mi |
| AERO COMPONENT REPAIR, LLC Durant · 9 employees | $3.2M | 43.2 mi |
| VERTIPRIME GOVERNMENT SERVICES LLC Duncan · 3 employees | $2.6M | 55.0 mi |
| H & H ELECTRIC Ninnekah · 1 employees | $501K | 70.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $417K |
| Revenue = employees × revenue per employee | $2.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $284K |
| Cross-check: revenue implied by PPP payroll | $192K |
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 | $909K |
| Multiple for this size and industry | 3.2× |
| Value range | $430K – $1.3M |
| Revenue range | $1.3M – $2.7M |
| EBITDA range | $168K – $336K |
| Industry (NAICS) | Electromedical and Electrotherapeutic Apparatus Manufacturing (334510) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
People & advisors
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $5K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ardmore Hearing Aid Service Inc
Ardmore Hearing Aid Service Inc is an electromedical and electrotherapeutic apparatus manufacturing company in Ardmore, Oklahoma, in business since 2010. It is owned by Hearing Instrument Specialist (Co-Owner). Its estimated annual revenue is about $2.3M, with roughly $284K of EBITDA. It has about 2 employees. Its estimated business value is $909K (likely range $430K–$1.3M).
Common questions
- Who owns Ardmore Hearing Aid Service Inc?
- Ardmore Hearing Aid Service Inc is owned by Hearing Instrument Specialist (Co-Owner), according to public sources such as the company's website or filings.
- How much revenue does Ardmore Hearing Aid Service Inc make?
- SeeBITDA estimates Ardmore Hearing Aid Service Inc's annual revenue at about $2.3M (likely between $1.3M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ardmore Hearing Aid Service Inc worth?
- About $909K, roughly 3.2× its estimated EBITDA of $284K, typical for a electromedical and electrotherapeutic apparatus manufacturing company its size. Likely range: $430K–$1.3M.
- How many employees does Ardmore Hearing Aid Service Inc have?
- About 2, as reported on its PPP loan.
- When was Ardmore Hearing Aid Service Inc founded?
- Ardmore Hearing Aid Service Inc has been in business since 2010.