Bicycles of Tulsa Inc.
How we got $976K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Bicycles of Tulsa is a local bike shop in Tulsa, OK that sells bikes and parts and offers bike service and repair for cyclists of all types, including new and veteran riders, road and mountain riders, and recreation and transportation cyclists.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Cannondale · brand it sells or installs
- BMC · brand it sells or installs
- Giant · brand it sells or installs
- Liv · brand it sells or installs
- Salsa · brand it sells or installs
- Santa Cruz · 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 |
|---|---|---|
| BICYCLES OF TULSA INC. this business | $4.0M | — |
| UNIQUE STITCHES, INC. Tulsa · 5 employees | $1.2M | 0.2 mi |
| ARCHERY OUTPOST, LLC Tulsa · 2 employees | $1.6M | 0.4 mi |
| ACTION ARMS LLC Tulsa · 1 employees | $785K | 0.4 mi |
| TULSA BAND & GUITARS, LLC. Tulsa · 4 employees | $1.4M | 0.5 mi |
| MIDWEST RACQUETBALL AND SPORTING GOODS DISTRIBUTION, INC. Tulsa · 40 employees | $26.7M | 0.7 mi |
| MIDWEST RAQUETBALL AND SPORTING GOODS DIST. INC. Tulsa · 41 employees | $27.0M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.1M |
| Estimate: the two combined (geometric mean) | $4.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $407K |
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 | $976K |
| Multiple for this size and industry | 2.4× |
| Value range | $514K – $1.3M |
| Revenue range | $2.6M – $4.6M |
| EBITDA range | $268K – $464K |
| Industry (NAICS) | Retail Trade (451110) |
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
Advisors
- BankingMidFirst 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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $58K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bicycles of Tulsa Inc.
Bicycles of Tulsa Inc. is a retail trade company in Tulsa, Oklahoma, in business since 2004. Its estimated annual revenue is about $4.0M, with roughly $407K of EBITDA. It has about 7 employees. Its estimated business value is $976K (likely range $514K–$1.3M).
Common questions
- Who owns Bicycles of Tulsa Inc.?
- The owner of Bicycles of Tulsa 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 Bicycles of Tulsa Inc. make?
- SeeBITDA estimates Bicycles of Tulsa Inc.'s annual revenue at about $4.0M (likely between $2.6M and $4.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bicycles of Tulsa Inc. worth?
- About $976K, roughly 2.4× its estimated EBITDA of $407K, typical for a retail trade company its size. Likely range: $514K–$1.3M.
- How many employees does Bicycles of Tulsa Inc. have?
- About 7, as reported on its PPP loan.
- When was Bicycles of Tulsa Inc. founded?
- Bicycles of Tulsa Inc. has been in business since 2004.