Ben Winters Photography LLC
How we got $21.2M
Based on 250 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 11% 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 |
|---|---|---|
| BEN WINTERS PHOTOGRAPHY LLC this business | $28.7M | — |
| Agape Pet Clinic Bethany | $2.4M | 0.4 mi |
| Dr. Craig Thomas DVM Bethany | $1.2M | 0.4 mi |
| METREA MANAGEMENT LLC Bethany | $207.4M | 0.7 mi |
| Council Veterinary Hospital Bethany | $1.2M | 0.7 mi |
| REDDEN VETERINARY SERVICES, INC Bethany · 6 employees | $993K | 0.7 mi |
| KJBR ENTERPRISES, LLC Bethany · 2 employees | $1.1M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 250 |
| Industry revenue per employee | $110K |
| Revenue = employees × revenue per employee | $28.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $3.8M |
| Cross-check: revenue implied by PPP payroll | $70K |
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 | $21.2M |
| Multiple for this size and industry | 5.5× |
| Value range | $10.0M – $30.1M |
| Revenue range | $17.0M – $34.0M |
| EBITDA range | $2.3M – $4.6M |
| Industry (NAICS) | Photography Studios, Portrait (541921) |
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
History & advisors
Advisors
- BankingFirst United Bank and Trust Company, JPMorgan Chase Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
| JPMorgan Chase Bank, National Association PPP 2021 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $4K | 250 |
| 1/30/2021 | second | $4K | 1 |
About Ben Winters Photography LLC
Ben Winters Photography LLC is a photography studios, portrait company in Bethany, Oklahoma. Its estimated annual revenue is about $28.7M, with roughly $3.8M of EBITDA. It has about 250 employees. Its estimated business value is $21.2M (likely range $10.0M–$30.1M).
Common questions
- Who owns Ben Winters Photography LLC?
- The owner of Ben Winters Photography LLC 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 Ben Winters Photography LLC make?
- SeeBITDA estimates Ben Winters Photography LLC's annual revenue at about $28.7M (likely between $17.0M and $34.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ben Winters Photography LLC worth?
- About $21.2M, roughly 5.5× its estimated EBITDA of $3.8M, typical for a photography studios, portrait company its size. Likely range: $10.0M–$30.1M.
- How many employees does Ben Winters Photography LLC have?
- About 250, as reported on its PPP loan.