Candid Color Systems, Inc.
- Christy McFarlandAsst. to the President · Company website
- Dan HaysChief Operating Officer · Company website
- Clayton SligerChief Financial Officer · Company website
- Alison CountsDirector of Marketing · Company website
- James CalabreseDirector of TSS Photography Franchising · Company website
How we got $14.3M
Based on its 88 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 7% 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
▲ 140% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 88 | $15.8M |
| 2020 | Form 5500 | 98 | $17.6M |
| 2021 | Form 5500 | 187 | $33.6M |
| 2022 | Form 5500 | 205 | $36.9M |
| 2023 | Form 5500 | 179 | $32.2M |
| 2024 | Form 5500 | 211 | $37.9M |
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
Signs of a sale Some signs of a sale
- In business 31 years (since 1995)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Candid Color Systems is a professional photo lab offering software, marketing tools and print products to volume photographers, including sports, event and school photographers.
From the company's website. Industry: Commercial Printing (except Screen and Books).
Customers & suppliers
Customers
- Legends Sports Photography · named on its website
- Spiraling Kids Photography · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- OKLAHOMA BAPTIST UNIVERSITY · Shawnee, 38 mi · $76.0M
- SOUTHERN NAZARENE UNIVERSITY · Bethany, 5 mi · $72.1M
- OKLAHOMA CHRISTIAN UNIVERSITY, INC. - NONPROFIT (NO BUSINESS · Oklahoma City, 13 mi · $68.1M
- SANTA FE SOUTH SCHOOLS, INC. · Oklahoma City, 5 mi · $58.3M
- DOVE SCHOOLS INC. · Oklahoma City, 9 mi · $44.0M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CANDID COLOR SYSTEMS, INC. this business | $29.9M | — |
| QUIK PRINT OF OKLAHOMA CITY, INC Oklahoma City · 58 employees | $17.8M | 0.2 mi |
| QUIK PRINT OF STILLWATER LLC Oklahoma City · 3 employees | $631K | 0.2 mi |
| OKLAHOMA VISUAL GRAPHICS, LLC Oklahoma City · 15 employees | $3.8M | 0.5 mi |
| Okc Digital Oklahoma City | $2.2M | 0.9 mi |
| DPM GROUP Oklahoma City · 17 employees | $5.3M | 0.9 mi |
| REFLECTIVE EDGE SCREEN PRINTING, INC. Oklahoma City · 14 employees | $2.5M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 88 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $22.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $31.3M |
| Estimate: the two combined (geometric mean) | $29.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.6M |
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 | $14.3M |
| Multiple for this size and industry | 5.5× |
| Value range | $7.5M – $19.6M |
| Revenue range | $19.7M – $34.1M |
| EBITDA range | $1.7M – $3.0M |
| Industry (NAICS) | Commercial Printing (except Screen and Books) (323111) |
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
“With 50 years of experience, Candid Color Systems® is a professional photo lab offering an array of products and services to help you grow and sustain your photography business.”
Advisors
- AccountingForrestall CPASAudits its 401(k) plan (2024 filing)
- BankingSimmons 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
| Simmons Bank PPP 2020, PPP 2021 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $1.2M | 88 |
| 2/20/2021 | second | $1.2M | 82 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Candid Color Systems, Inc.
Candid Color Systems, Inc. is a commercial printing (except screen and books) company in Oklahoma City, Oklahoma, in business since 1995. It is owned by Jack Counts, Jr. (President). Its estimated annual revenue is about $29.9M, with roughly $2.6M of EBITDA. It has about 211 employees. Its estimated business value is $14.3M (likely range $7.5M–$19.6M).
Common questions
- Who owns Candid Color Systems, Inc.?
- Candid Color Systems, Inc. is owned by Jack Counts, Jr. (President), according to public sources such as the company's website or filings.
- How much revenue does Candid Color Systems, Inc. make?
- SeeBITDA estimates Candid Color Systems, Inc.'s annual revenue at about $29.9M (likely between $19.7M and $34.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Candid Color Systems, Inc. worth?
- About $14.3M, roughly 5.5× its estimated EBITDA of $2.6M, typical for a commercial printing (except screen and books) company its size. Likely range: $7.5M–$19.6M.
- How many employees does Candid Color Systems, Inc. have?
- About 211, from its 2024 retirement-plan filing.
- When was Candid Color Systems, Inc. founded?
- Candid Color Systems, Inc. has been in business since 1995.