Caves Jewelry II
How we got $425K
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 Likely to sell
- In business 41 years (since 1985)
- Founder still runs it after 41 years
From public records and the company's website, not a statement that it's for sale.
What they do
Caves Jewelry is a family-owned jewelry store in Midlothian, TX, offering fine jewelry, engagement rings, watches, and repair and custom design services since 1985.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Allison Kaufman · brand it sells or installs
- Alpina · brand it sells or installs
- Frederique-Constant · brand it sells or installs
- Gabriel & Co · brand it sells or installs
- Royal Chain · brand it sells or installs
Estimated value over time
▲ 15% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CAVES JEWELRY II this business | $2.2M | — |
| VINCENT ANTHONY JEWELERS, LLC Tulsa · 6 employees | $3.8M | 40.1 mi |
| MICHAELS JEWELRY Muskogee · 2 employees | $767K | 40.6 mi |
| AP, INC Muskogee · 1 employees | $536K | 40.9 mi |
| HOPELE OF ALTAMONTE LLC DBA PANDORA STORE AT ALTAMONTE SPRIN Tulsa · 12 employees | $4.6M | 41.0 mi |
| HOPELE OF FORT LAUDERDALE LLC Tulsa · 10 employees | $4.1M | 41.0 mi |
| THE CLOCK STORE LLC Broken Arrow · 8 employees | $3.9M | 42.6 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $212K |
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 | $425K |
| Multiple for this size and industry | 2× |
| Value range | $224K – $581K |
| Revenue range | $1.5M – $2.5M |
| EBITDA range | $140K – $242K |
| Industry (NAICS) | Retail Trade (448310) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
“Founded in 1985 with a single diamond and a dream, Caves Jewelry has grown into a trusted, family-owned jeweler serving the Midlothian community and beyond.”
Advisors
- BankingAmerican Exchange 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
| American Exchange Bank PPP 2020, PPP 2021 | All 42 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $19K | 7 |
| 1/16/2021 | second | $18K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Caves Jewelry II
Caves Jewelry II is a family-owned retail trade company in Henryetta, Oklahoma, in business since 1985. It is owned by Jerry Caves. Its estimated annual revenue is about $2.2M, with roughly $212K of EBITDA. It has about 7 employees. Its estimated business value is $425K (likely range $224K–$581K).
Common questions
- Who owns Caves Jewelry II?
- Caves Jewelry II is owned by Jerry Caves, according to public sources such as the company's website or filings.
- How much revenue does Caves Jewelry II make?
- SeeBITDA estimates Caves Jewelry II's annual revenue at about $2.2M (likely between $1.5M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Caves Jewelry II worth?
- About $425K, roughly 2× its estimated EBITDA of $212K, typical for a retail trade company its size. Likely range: $224K–$581K.
- How many employees does Caves Jewelry II have?
- About 7, as reported on its PPP loan.
- When was Caves Jewelry II founded?
- Caves Jewelry II has been in business since 1985.
- Is Caves Jewelry II for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 41 years (since 1985); founder still runs it after 41 years.