Baths by Shay, Inc.
How we got $611K
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 62% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BATHS BY SHAY, INC. this business | $4.3M | — |
| Cooper Built Homes Edmond | $966K | 0.7 mi |
| BRAZOS CONSTRUCTION CO. INC Edmond · 2 employees | $2.5M | 0.7 mi |
| MATTHEW NAIFEH Edmond · 1 employees | $481K | 1.3 mi |
| NAIFEH'S CONSTRUCTION LLC Edmond · 1 employees | $638K | 1.3 mi |
| OXY-DRY, LLC Edmond · 11 employees | $3.6M | 1.4 mi |
| TIPPS ENTERPRISES, INC. Edmond · 1 employees | $419K | 1.6 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.6M |
| Estimate: the two combined (geometric mean) | $4.3M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $266K |
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 | $611K |
| Multiple for this size and industry | 2.3× |
| Value range | $321K – $836K |
| Revenue range | $2.8M – $4.9M |
| EBITDA range | $175K – $303K |
| Industry (NAICS) | Residential Remodelers (236118) |
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
History & advisors
Advisors
- BankingPrime Bank, Tinker FCUPPP / 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 Roles are as stated there and may be out of date.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
| Prime Bank PPP 2020 | All 79 borrowers → |
| Tinker FCU PPP 2021 | All 36 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 | $95K | 12 |
| 1/26/2021 | second | $95K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Baths by Shay, Inc.
Baths by Shay, Inc. is a home builders company in Edmond, Oklahoma, in business since 2013. Its estimated annual revenue is about $4.3M, with roughly $266K of EBITDA. It has about 12 employees. Its estimated business value is $611K (likely range $321K–$836K).
Common questions
- Who owns Baths by Shay, Inc.?
- The owner of Baths by Shay, 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 Baths by Shay, Inc. make?
- SeeBITDA estimates Baths by Shay, Inc.'s annual revenue at about $4.3M (likely between $2.8M and $4.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Baths by Shay, Inc. worth?
- About $611K, roughly 2.3× its estimated EBITDA of $266K, typical for a home builders company its size. Likely range: $321K–$836K.
- How many employees does Baths by Shay, Inc. have?
- About 12, as reported on its PPP loan.
- When was Baths by Shay, Inc. founded?
- Baths by Shay, Inc. has been in business since 2013.