Beshara's Formal Wear & Bridal Salon Inc
How we got $328K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 14% 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
Signs of a sale Some signs of a sale
- In business 66 years (since 1960)
From public records and the company's website, not a statement that it's for sale.
What they do
Ed Beshara's Formal Wear & Fine Clothing, locally owned and operated since 1960 in Tulsa, OK, sells fine menswear and provides tuxedo and suit rentals, custom clothing and alterations for weddings, special occasions and proms.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Alberto · brand it sells or installs
- GenTeal · brand it sells or installs
- Hickey Freeman · brand it sells or installs
- Paul Betenly · brand it sells or installs
- Turtleson · brand it sells or installs
- 34 Heritage · brand it sells or installs
- Gitman Bros · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BESHARA'S FORMAL WEAR & BRIDAL SALON INC this business | $1.7M | — |
| CRUISE AIR, LLC Tulsa · 2 employees | $806K | 0.3 mi |
| GREENHOUSE CLOTHING, LLC Tulsa · 8 employees | $4.2M | 1.0 mi |
| COZBY GOLF LLC Tulsa · 1 employees | $541K | 1.3 mi |
| WINFREY CLOTHIERS, INC. Tulsa · 1 employees | $635K | 1.9 mi |
| ABERSONS INC Tulsa · 13 employees | $7.1M | 2.0 mi |
| OK BOUTIQUE PARTNERS LLC Tulsa · 6 employees | $1.5M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $164K |
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 | $328K |
| Multiple for this size and industry | 2× |
| Value range | $173K – $449K |
| Revenue range | $1.1M – $2.0M |
| EBITDA range | $108K – $187K |
| Industry (NAICS) | Retail Trade (448190) |
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
History & advisors
“Since 1960, Ed Beshara's Formal Wear & Fine Clothing offers the best styles in tuxedos, suits, fine clothing, and accessories for your next wedding, prom, or other formal event in Tulsa, OK.”
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, PPP 2021 | 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 |
|---|---|---|---|
| 4/11/2020 | first | $17K | 4 |
| 2/5/2021 | second | $16K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Beshara's Formal Wear & Bridal Salon Inc
Beshara's Formal Wear & Bridal Salon Inc is a retail trade company in Tulsa, Oklahoma, in business since 1960. Its estimated annual revenue is about $1.7M, with roughly $164K of EBITDA. It has about 4 employees. Its estimated business value is $328K (likely range $173K–$449K).
Common questions
- Who owns Beshara's Formal Wear & Bridal Salon Inc?
- The owner of Beshara's Formal Wear & Bridal Salon 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 Beshara's Formal Wear & Bridal Salon Inc make?
- SeeBITDA estimates Beshara's Formal Wear & Bridal Salon Inc's annual revenue at about $1.7M (likely between $1.1M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Beshara's Formal Wear & Bridal Salon Inc worth?
- About $328K, roughly 2× its estimated EBITDA of $164K, typical for a retail trade company its size. Likely range: $173K–$449K.
- How many employees does Beshara's Formal Wear & Bridal Salon Inc have?
- About 4, as reported on its PPP loan.
- When was Beshara's Formal Wear & Bridal Salon Inc founded?
- Beshara's Formal Wear & Bridal Salon Inc has been in business since 1960.