Cindy Nickel Ltd
How we got $572K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 23% 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 |
|---|---|---|
| CINDY NICKEL LTD this business | $949K | — |
| DUPAGE EMERGENCY PHYSICIANS, LTD. Edmond · 25 employees | $10.1M | 0.0 mi |
| GARY C HILL MD INC Edmond · 3 employees | $1.6M | 0.0 mi |
| Peter R Morgan, Md Edmond | $1.5M | 0.0 mi |
| QC Kinetix (Edmond) Edmond | $3.0M | 0.0 mi |
| Grifols Biomat USA - Plasma Donation Center Edmond | $1.5M | 0.0 mi |
| Triad Complete Healthcare of Edmond Edmond | $1.5M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $545K |
| Estimate: the two combined (geometric mean) | $949K |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $204K |
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 | $572K |
| Multiple for this size and industry | 2.8× |
| Value range | $301K – $783K |
| Revenue range | $624K – $1.1M |
| EBITDA range | $134K – $233K |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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, OK. 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $27K | 5 |
| 4/2/2021 | second | $27K | 5 |
About Cindy Nickel Ltd
Cindy Nickel Ltd is a doctors & clinics company in Edmond, Oklahoma. Its estimated annual revenue is about $949K, with roughly $204K of EBITDA. It has about 5 employees. Its estimated business value is $572K (likely range $301K–$783K).
Common questions
- Who owns Cindy Nickel Ltd?
- The owner of Cindy Nickel Ltd 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 Cindy Nickel Ltd make?
- SeeBITDA estimates Cindy Nickel Ltd's annual revenue at about $949K (likely between $624K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cindy Nickel Ltd worth?
- About $572K, roughly 2.8× its estimated EBITDA of $204K, typical for a doctors & clinics company its size. Likely range: $301K–$783K.
- How many employees does Cindy Nickel Ltd have?
- About 5, as reported on its PPP loan.