Casual Furniture Co.
How we got $2.8M
Based on its 25 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 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 10% 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
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 25 | $7.5M |
| 2020 | Form 5500 | 23 | $6.9M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CASUAL FURNITURE CO. this business | $15.2M | — |
| BFD OF TULSA INC Tulsa · 13 employees | $6.5M | 1.2 mi |
| CROWN OFFICE FURNISHINGS LLC Tulsa · 7 employees | $3.9M | 1.2 mi |
| L&M OFFICE FURNITURE, LLC Tulsa · 60 employees | $26.5M | 2.1 mi |
| C.B. FURNITURE LLC Tulsa · 8 employees | $4.6M | 2.4 mi |
| OK MATTRESS VENTURES Tulsa · 34 employees | $22.2M | 2.5 mi |
| SUNSHINE INTERNATIONAL INC. Tulsa · 52 employees | $26.3M | 2.5 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.8M |
| Estimate: the two combined (geometric mean) | $15.2M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $920K |
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 | $2.8M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $3.8M |
| Revenue range | $10.0M – $17.4M |
| EBITDA range | $605K – $1.0M |
| Industry (NAICS) | Retail Trade (442110) |
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
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 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 | $292K | 25 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Casual Furniture Co.
Casual Furniture Co. is a retail trade company in Tulsa, Oklahoma, in business since 2008. Its estimated annual revenue is about $15.2M, with roughly $920K of EBITDA. It has about 23 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).
Common questions
- Who owns Casual Furniture Co.?
- The owner of Casual Furniture Co. 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 Casual Furniture Co. make?
- SeeBITDA estimates Casual Furniture Co.'s annual revenue at about $15.2M (likely between $10.0M and $17.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Casual Furniture Co. worth?
- About $2.8M, roughly 3× its estimated EBITDA of $920K, typical for a retail trade company its size. Likely range: $1.5M–$3.8M.
- How many employees does Casual Furniture Co. have?
- About 23, from its 2020 retirement-plan filing.
- When was Casual Furniture Co. founded?
- Casual Furniture Co. has been in business since 2008.