Charlie's Leather Goods, Inc
How we got $574K
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 9% 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 |
|---|---|---|
| CHARLIE'S LEATHER GOODS, INC this business | $4.7M | — |
| WOLF WAREHOUSE INC Jenks · 39 employees | $37.8M | 9.4 mi |
| COUNTRY DOCTOR VET SUPPLY LLC Orlando · 1 employees | $3.1M | 17.1 mi |
| COUNTRY DOCTOR VET CLINIC LLC Perry · 4 employees | $12.5M | 18.2 mi |
| PAWNEE BILL'S INDIAN TRADING POST LL Pawnee · 5 employees | $3.8M | 19.8 mi |
| BECK'S FARM EQUIPMENT INC Guthrie · 12 employees | $32.5M | 25.3 mi |
| CLASSEY DRUMRIGHT FLORAL LLC Drumright · 1 employees | $478K | 25.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $719K |
| Revenue = employees × revenue per employee | $4.7M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $239K |
| Cross-check: revenue implied by PPP payroll | $1.3M |
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 | $574K |
| Multiple for this size and industry | 2.4× |
| Value range | $271K – $814K |
| Revenue range | $2.8M – $5.5M |
| EBITDA range | $141K – $283K |
| Industry (NAICS) | Other Miscellaneous Nondurable Goods Merchant Wholesalers (424990) |
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: US Economic Census 2022. 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
- BankingFirst Bank & Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First Bank and Trust Co PPP 2020 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $12K | 4 |
About Charlie's Leather Goods, Inc
Charlie's Leather Goods, Inc is an other miscellaneous nondurable goods merchant wholesalers company in Stillwater, Oklahoma. Its estimated annual revenue is about $4.7M, with roughly $239K of EBITDA. It has about 4 employees. Its estimated business value is $574K (likely range $271K–$814K).
Common questions
- Who owns Charlie's Leather Goods, Inc?
- The owner of Charlie's Leather Goods, Inc 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 Charlie's Leather Goods, Inc make?
- SeeBITDA estimates Charlie's Leather Goods, Inc's annual revenue at about $4.7M (likely between $2.8M and $5.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Charlie's Leather Goods, Inc worth?
- About $574K, roughly 2.4× its estimated EBITDA of $239K, typical for a other miscellaneous nondurable goods merchant wholesalers company its size. Likely range: $271K–$814K.
- How many employees does Charlie's Leather Goods, Inc have?
- About 4, as reported on its PPP loan.