Butcher Optical I, P.C.
How we got $12.7M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 11% 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
▲ 500% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $2.2M |
| 2025 | Form 5500 | 24 | $13.0M |
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 |
|---|---|---|
| BUTCHER OPTICAL I, P.C. this business | $5.1M | — |
| ROSENBALM HOLDINGS LLC Edmond · 1 employees | $1.0M | 1.1 mi |
| CHARU LLC Edmond · 26 employees | $1.7M | 1.4 mi |
| E&S HOLDINGS, LLC Edmond · 7 employees | $852K | 1.9 mi |
| PINTAIL MIDSTREAM, LLC Edmond · 2 employees | $2.0M | 2.5 mi |
| MARKET C LLC Edmond · 2 employees | $3.0M | 2.6 mi |
| OKLAHOMA PHYSICAL THERAPY SPINE CARE-REHAB, L.L.C. Oklahoma City · 10 employees | $6.2M | 2.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.1M |
| Estimate: the two combined (geometric mean) | $5.1M |
| EBITDA margin (industry, adjusted for size) | 45% |
| EBITDA = revenue × margin | $2.3M |
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 | $12.7M |
| Multiple for this size and industry | 5.5× |
| Value range | $6.7M – $17.4M |
| Revenue range | $3.4M – $5.9M |
| EBITDA range | $1.5M – $2.6M |
| Industry (NAICS) | Offices of Other Holding Companies (551112) |
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
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 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 | $90K | 4 |
About Butcher Optical I, P.C.
Butcher Optical I, P.C. is an offices of other holding companies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $5.1M, with roughly $2.3M of EBITDA. It has about 24 employees. Its estimated business value is $12.7M (likely range $6.7M–$17.4M).
Common questions
- Who owns Butcher Optical I, P.C.?
- The owner of Butcher Optical I, P.C. 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 Butcher Optical I, P.C. make?
- SeeBITDA estimates Butcher Optical I, P.C.'s annual revenue at about $5.1M (likely between $3.4M and $5.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Butcher Optical I, P.C. worth?
- About $12.7M, roughly 5.5× its estimated EBITDA of $2.3M, typical for a offices of other holding companies company its size. Likely range: $6.7M–$17.4M.
- How many employees does Butcher Optical I, P.C. have?
- About 24, from its 2025 retirement-plan filing.