Billiards of Tulsa, Inc.
How we got $6.7M
Based on its 48 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
- Headcount down 34% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 17% 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.
Employees over time
▲ 100% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 48 | $14.4M |
| 2020 | Form 5500 | 52 | $15.6M |
| 2021 | Form 5500 | 145 | $43.5M |
| 2022 | Form 5500 | 108 | $32.4M |
| 2023 | Form 5500 | 100 | $30.0M |
| 2024 | Form 5500 | 96 | $28.8M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BILLIARDS OF TULSA, INC. this business | $27.3M | — |
| THE BROWN SEAL LLC Tulsa · 2 employees | $912K | 0.3 mi |
| USA GLASS INC Tulsa · 7 employees | $3.2M | 0.8 mi |
| ADVANCED AQUATICS, LLC Tulsa · 2 employees | $1.1M | 0.8 mi |
| ALEXANDER ZIENTEK Tulsa · 2 employees | $1.2M | 0.8 mi |
| LOVETTS GALLERY INC Tulsa · 3 employees | $2.3M | 0.9 mi |
| RACHEL WIMPEY Tulsa · 1 employees | $649K | 0.9 mi |
The full calculation
| Employees reported to the SBA | 48 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $22.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $25.3M |
| Estimate: the two combined (geometric mean) | $27.3M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.8M |
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 | $6.7M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.5M – $9.1M |
| Revenue range | $18.0M – $31.2M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Retail Trade (453998) |
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
- AccountingBelfint Lyons & Shuman, P.AAudits its 401(k) plan (2024 filing)
- BankingRegent 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
| Regent Bank 504 2020, PPP 2020 | All 726 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $393K | 48 |
Public records
| Mar 2020 | 504 | $1.2M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Billiards of Tulsa, Inc.
Billiards of Tulsa, Inc. is a retail trade company in Tulsa, Oklahoma. It is owned by Ronak Shah (President). Its estimated annual revenue is about $27.3M, with roughly $1.8M of EBITDA. It has about 96 employees. Its estimated business value is $6.7M (likely range $3.5M–$9.1M).
Common questions
- Who owns Billiards of Tulsa, Inc.?
- Billiards of Tulsa, Inc. is owned by Ronak Shah (President), according to public sources such as the company's website or filings.
- How much revenue does Billiards of Tulsa, Inc. make?
- SeeBITDA estimates Billiards of Tulsa, Inc.'s annual revenue at about $27.3M (likely between $18.0M and $31.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Billiards of Tulsa, Inc. worth?
- About $6.7M, roughly 3.6× its estimated EBITDA of $1.8M, typical for a retail trade company its size. Likely range: $3.5M–$9.1M.
- How many employees does Billiards of Tulsa, Inc. have?
- About 96, from its 2024 retirement-plan filing.