Carpet Direct Limited
How we got $721K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Carpet Direct is a family owned flooring retailer with stores across the USA that sells carpet, hardwood, laminate, luxury vinyl, and tile and stone flooring, with installation and in-home estimates. It describes itself as having over 40 years of experience in the flooring space.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Fabrica · brand it sells or installs
- Shaw Industries · 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
▼ 57% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $2.1M |
| 2020 | Form 5500 | 5 | $1.5M |
| 2021 | Form 5500 | 6 | $1.8M |
| 2022 | Form 5500 | 5 | $1.5M |
| 2023 | Form 5500 | 6 | $1.8M |
| 2024 | Form 5500 | 3 | $900K |
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 |
|---|---|---|
| CARPET DIRECT LIMITED this business | $4.4M | — |
| OKLAHOMA LIGHTING DISTRIBUTORS Tulsa · 3 employees | $1.6M | 0.5 mi |
| METAL FABRICATION LLC Tulsa · 3 employees | $1.6M | 0.7 mi |
| BROPHY BLIND COMPANY Tulsa · 6 employees | $2.6M | 0.8 mi |
| BERT HENRY CARPET AND TILE INC Tulsa · 7 employees | $4.1M | 0.9 mi |
| C&B CARPETS & SERVICES INC Tulsa · 26 employees | $14.6M | 1.4 mi |
| TCAE ENTERPRISES INC Tulsa · 8 employees | $3.6M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.5M |
| Estimate: the two combined (geometric mean) | $4.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $300K |
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 | $721K |
| Multiple for this size and industry | 2.4× |
| Value range | $379K – $986K |
| Revenue range | $2.9M – $5.0M |
| EBITDA range | $198K – $342K |
| Industry (NAICS) | Retail Trade (442210) |
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
- JBJesse BlakeSalesperson · Company website · source
Advisors
- BankingCrossFirst 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
| CrossFirst Bank PPP 2020 | All 299 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $64K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Carpet Direct Limited
Carpet Direct Limited is a family-owned retail trade company in Tulsa, Oklahoma, in business since 1997. Its estimated annual revenue is about $4.4M, with roughly $300K of EBITDA. It has about 3 employees. Its estimated business value is $721K (likely range $379K–$986K).
Common questions
- Who owns Carpet Direct Limited?
- The owner of Carpet Direct Limited 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 Carpet Direct Limited make?
- SeeBITDA estimates Carpet Direct Limited's annual revenue at about $4.4M (likely between $2.9M and $5.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Carpet Direct Limited worth?
- About $721K, roughly 2.4× its estimated EBITDA of $300K, typical for a retail trade company its size. Likely range: $379K–$986K.
- How many employees does Carpet Direct Limited have?
- About 3, from its 2024 retirement-plan filing.
- When was Carpet Direct Limited founded?
- Carpet Direct Limited has been in business since 1997.