Choice3, L.L.C.
How we got $318K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 4% 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 |
|---|---|---|
| CHOICE3, L.L.C. this business | $282K | — |
| Magnolia Rentals Oklahoma City | $2.1M | 2.9 mi |
| Aaron's Oklahoma City | $1.9M | 3.7 mi |
| B AND B MEDICAL SERVICES INC Oklahoma City · 48 employees | $19.1M | 4.8 mi |
| RECOVERY ACHIEVEMENTS LLC Oklahoma City · 5 employees | $809K | 4.8 mi |
| VZ LTD. Oklahoma City · 6 employees | $1.8M | 4.9 mi |
| BEEKMAN NYC, LLC Oklahoma City · 2 employees | $415K | 5.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $351K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $175K |
| Estimate: the two combined (geometric mean) | $282K |
| EBITDA margin (industry, adjusted for size) | 45% |
| EBITDA = revenue × margin | $127K |
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 | $318K |
| Multiple for this size and industry | 2.5× |
| Value range | $167K – $434K |
| Revenue range | $186K – $322K |
| EBITDA range | $84K – $145K |
| Industry (NAICS) | Formal Wear and Costume Rental (532281) |
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
History & advisors
Advisors
- BankingIntuit Financing Inc.PPP / 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 Roles are as stated there and may be out of date.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
| Intuit Financing Inc. PPP 2020 | All 111 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 7/24/2020 | first | $5K | 2 |
About Choice3, L.L.C.
Choice3, L.L.C. is a formal wear and costume rental company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $282K, with roughly $127K of EBITDA. It has about 2 employees. Its estimated business value is $318K (likely range $167K–$434K).
Common questions
- Who owns Choice3, L.L.C.?
- The owner of Choice3, L.L.C. 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 Choice3, L.L.C. make?
- SeeBITDA estimates Choice3, L.L.C.'s annual revenue at about $282K (likely between $186K and $322K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Choice3, L.L.C. worth?
- About $318K, roughly 2.5× its estimated EBITDA of $127K, typical for a formal wear and costume rental company its size. Likely range: $167K–$434K.
- How many employees does Choice3, L.L.C. have?
- About 2, as reported on its PPP loan.