SeeBITDAOklahoma

Bobby J. Carmen ,DDS, PLLC

  • 1141 SONOMA PARK DR, Norman, OK
  • Since 2006
  • Family-owned
  • NAICS 621210
Estimated valueMedium confidence
$1.8M
$923Klikely range$2.4M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$2.5M
a year
Profit (EBITDA)
$487K
19% of revenue
Employees
11
reported in 2020
Leadership
Dr. Bobby Carmen
Founder · source · confirmed by 2 sources
Some signs of a sale
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $1.8M

Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.

11 employees × $208K each$2.3M
PPP payroll ÷ payroll's usual share of revenue$2.1M
Shown toward the top of its range×1.14
Revenue$2.5M
× 19% profit margin$487K
× 3.6 sale multiple = value$1.8M

· Own this business? Correct these figures

Estimated value over time

▲ 31% since 2020
$0$1.0M$2.0M20202026

Today'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

0102020201111
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan11$1.7M$338K
2020Form 550011$1.7M$338K

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.

What we know

PPP loan, 2020
401(k) filing, 2020
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 20 years (since 2006)
  • Founder still runs it after 20 years
  • Family in the business (Bobby J. Carmen, Dentist)

From public records and the company's website, not a statement that it's for sale.

What they do

Bobby J. Carmen, DDS, PLLC is a family dental practice in Norman, OK offering general, preventive, cosmetic, restorative, and emergency dentistry for patients of all ages.

Products & services
Teeth cleaningSnoreguards for Sleep ApneaTeeth Grinding SolutionsDental SealantsFluoride TreatmentAthletic MouthguardsTooth-Colored FillingsCEREC One-Visit CrownsInlays & OnlaysRoot Canal TherapyTooth ExtractionsDental Bridges
Markets served
FamiliesChildrenAdults
Service area
Norman, OKMoore, OK
Certifications
Master of the Academy of General DentistryFellow of the International Congress of Oral Implantologists

From the company's website. Industry: Dentists.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
BOBBY J. CARMEN ,DDS, PLLC
this business
$2.5M$487K—
Lavelett Larry J Dds
Norman
$1.9M$364K0.5 mi
LAUREN B. DECKER, DDS, PLLC
Norman · 5 employees
$1.1M$247K0.5 mi
East Norman Dental
Norman
$1.9M$364K0.5 mi
Alameda Family Dentistry
Norman
$1.9M$364K1.0 mi
Tara Lynn Bolerjack, APRN-CNP
Norman
$1.8M$380K1.1 mi
Dental Edge of Norman
Norman
$1.9M$364K1.1 mi

The full calculation

Employees reported to the SBA11
Revenue from headcount (employees × revenue per employee for companies this size)$2.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.1M
Estimate: the two combined (geometric mean)$2.5M
EBITDA margin (industry, adjusted for size)19%
EBITDA = revenue × margin$487K

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$1.8M
Multiple for this size and industry3.6×
Value range$923K – $2.4M
Revenue range$1.6M – $2.9M
EBITDA range$320K – $555K
Industry (NAICS)Offices of Dentists (621210)

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, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded 2006Family-owned
“After graduation from the University of Oklahoma College of Dentistry, he completed a General Practice Residency with the Navy at Naval Hospital Great Lakes before returning home to start his own practice.”

Advisors

  • BankingArmstrong 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

Armstrong Bank
PPP 2020, PPP 2021
All 1,355 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$97K$98K9Armstrong Bank
2/3/2021second$97K$97K11Armstrong Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Bobby J. Carmen ,DDS, PLLC

Bobby J. Carmen ,DDS, PLLC is a family-owned dentists company in Norman, Oklahoma, in business since 2006. It is owned by Dr. Bobby Carmen (Founder). Its estimated annual revenue is about $2.5M, with roughly $487K of EBITDA. It has about 11 employees. Its estimated business value is $1.8M (likely range $923K–$2.4M).

Common questions

Who owns Bobby J. Carmen ,DDS, PLLC?
Bobby J. Carmen ,DDS, PLLC is owned by Dr. Bobby Carmen (Founder), according to public sources such as the company's website or filings.
How much revenue does Bobby J. Carmen ,DDS, PLLC make?
SeeBITDA estimates Bobby J. Carmen ,DDS, PLLC's annual revenue at about $2.5M (likely between $1.6M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Bobby J. Carmen ,DDS, PLLC worth?
About $1.8M, roughly 3.6× its estimated EBITDA of $487K, typical for a dentists company its size. Likely range: $923K–$2.4M.
How many employees does Bobby J. Carmen ,DDS, PLLC have?
About 11, from its 2020 retirement-plan filing.
When was Bobby J. Carmen ,DDS, PLLC founded?
Bobby J. Carmen ,DDS, PLLC has been in business since 2006.