Black Optical Center 1, LLC
How we got $309K
Based on its 3 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 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
Black Optical is an eyewear retailer offering curated designer eyewear, sunglasses, optical frames and lenses, with appointments at showrooms in Dallas, Fort Worth, OKC, Tulsa, St. Louis, Clayton and virtually.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- AHLEM · brand it sells or installs
- AKILA · brand it sells or installs
- AKONI · brand it sells or installs
- ALPAGOTA · brand it sells or installs
- ANIMAL HANDMADE · brand it sells or installs
- ANNA-KARIN KARLSSON · brand it sells or installs
- ANNE ET VALENTIN · brand it sells or installs
- BAARS · brand it sells or installs
- BALMAIN · brand it sells or installs
- BARTON PERREIRA · brand it sells or installs
- BLACK OPTICAL · brand it sells or installs
- BLACK X BARRETT FOR KREWE · brand it sells or installs
- CARTIER · brand it sells or installs
- CHROME HEARTS · brand it sells or installs
- DIFFUSER · brand it sells or installs
Estimated value over time
▲ 19% 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
▲ 233% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 3 | $900K |
| 2020 | Form 5500 | 9 | $2.7M |
| 2021 | Form 5500 | 10 | $3.0M |
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 |
|---|---|---|
| BLACK OPTICAL CENTER 1, LLC this business | $1.9M | — |
| LIBERTY OCCUPATIONAL HEALTH MANAGEMENT INC. Tulsa · 5 employees | $2.6M | 0.4 mi |
| MOBILITY PLUS LLC Tulsa · 15 employees | $10.0M | 0.6 mi |
| HALEYS COMET, INC. Tulsa · 1 employees | $879K | 0.9 mi |
| HICKS BRUNSON CO., INC. Tulsa · 6 employees | $2.7M | 1.5 mi |
| ROWLAND PHARMACY LLC Tulsa · 4 employees | $4.0M | 1.6 mi |
| MIDTOWN WELLNESS INSTITUTE Tulsa · 3 employees | $2.2M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $154K |
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 | $309K |
| Multiple for this size and industry | 2× |
| Value range | $163K – $423K |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $102K – $176K |
| Industry (NAICS) | Retail Trade (446130) |
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
Leadership
- DRDr. ReevesOptometrist · Company website · source
- DBDr. BoulesOptometrist · Company website · source
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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, PPP 2021 | All 2,229 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 | $39K | 3 |
| 2/3/2021 | second | $39K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Black Optical Center 1, LLC
Black Optical Center 1, LLC is a retail trade company in Tulsa, Oklahoma, in business since 2006. Its estimated annual revenue is about $1.9M, with roughly $154K of EBITDA. It has about 10 employees. Its estimated business value is $309K (likely range $163K–$423K).
Common questions
- Who owns Black Optical Center 1, LLC?
- The owner of Black Optical Center 1, 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 Black Optical Center 1, LLC make?
- SeeBITDA estimates Black Optical Center 1, LLC's annual revenue at about $1.9M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Black Optical Center 1, LLC worth?
- About $309K, roughly 2× its estimated EBITDA of $154K, typical for a retail trade company its size. Likely range: $163K–$423K.
- How many employees does Black Optical Center 1, LLC have?
- About 10, from its 2021 retirement-plan filing.
- When was Black Optical Center 1, LLC founded?
- Black Optical Center 1, LLC has been in business since 2006.