Audio Advice Inc
How we got $818K
Based on its 12 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 48 years (since 1978)
From public records and the company's website, not a statement that it's for sale.
What they do
Audio Advice is a Tulsa, Oklahoma electronics dealer, in business since 1978, providing customized car audio, home entertainment and home automation solutions to homeowners, small business owners, and car, motorcycle and boat enthusiasts.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- ARC Audio · brand it sells or installs
- Alpine · brand it sells or installs
- Clifford · brand it sells or installs
- Control4 · brand it sells or installs
- Dynaudio Home & Car · brand it sells or installs
- Focal Car Speakers · brand it sells or installs
- JL Audio · brand it sells or installs
- Kenwood · brand it sells or installs
- LG TVs · brand it sells or installs
- Linkswell · brand it sells or installs
- Python · brand it sells or installs
- Sundown Audio · brand it sells or installs
- Savant · brand it sells or installs
- Sonance Home Equipment · brand it sells or installs
- Sony ES · brand it sells or installs
Estimated value over time
▼ 13% 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 |
|---|---|---|
| AUDIO ADVICE INC this business | $5.3M | — |
| TREASURE ELECTRONICS INC Tulsa · 5 employees | $1.9M | 1.2 mi |
| GENERAL OFFICE SYSTEMS, INC. Tulsa · 7 employees | $2.7M | 1.9 mi |
| KITCHEN IDEAS LLC Tulsa · 3 employees | $1.6M | 2.0 mi |
| KDR ENTERPRISES, INC Tulsa · 5 employees | $2.1M | 2.1 mi |
| TAZZ CELLULAR LLC Tulsa · 1 employees | $301K | 2.2 mi |
| APERTURES, INC. Tulsa · 2 employees | $654K | 2.9 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.7M |
| Estimate: the two combined (geometric mean) | $5.3M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $341K |
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 | $818K |
| Multiple for this size and industry | 2.4× |
| Value range | $430K – $1.1M |
| Revenue range | $3.5M – $6.0M |
| EBITDA range | $224K – $389K |
| Industry (NAICS) | Retail Trade (443142) |
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
“Since 1978, Audio Advice has been providing customized audio and video solutions in and around Tulsa, Oklahoma.”
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $115K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Audio Advice Inc
Audio Advice Inc is a retail trade company in Tulsa, Oklahoma, in business since 1978. Its estimated annual revenue is about $5.3M, with roughly $341K of EBITDA. It has about 12 employees. Its estimated business value is $818K (likely range $430K–$1.1M).
Common questions
- Who owns Audio Advice Inc?
- The owner of Audio Advice Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Audio Advice Inc make?
- SeeBITDA estimates Audio Advice Inc's annual revenue at about $5.3M (likely between $3.5M and $6.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Audio Advice Inc worth?
- About $818K, roughly 2.4× its estimated EBITDA of $341K, typical for a retail trade company its size. Likely range: $430K–$1.1M.
- How many employees does Audio Advice Inc have?
- About 12, as reported on its PPP loan.
- When was Audio Advice Inc founded?
- Audio Advice Inc has been in business since 1978.