Classic Home Appliance Inc.
How we got $456K
Based on its 6 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 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 13% 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 |
|---|---|---|
| CLASSIC HOME APPLIANCE INC. this business | $3.5M | — |
| Medic Pharmacy Woodward Woodward | $9.2M | 0.1 mi |
| T-mobile Woodward | $1.5M | 0.1 mi |
| Awaken Body By Robin, Llc Woodward | $4.6M | 0.1 mi |
| THE JEWELRY STATION, INC Woodward · 4 employees | $2.5M | 0.1 mi |
| W. W. Starr Lumber Company (Woodward) Woodward | $8.4M | 0.2 mi |
| Phillips 66 Woodward | $5.2M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.3M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $228K |
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 | $456K |
| Multiple for this size and industry | 2× |
| Value range | $240K – $624K |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $150K – $260K |
| Industry (NAICS) | Retail Trade (443141) |
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
- BankingFarmers and Merchants 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 Roles are as stated there and may be out of date.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
| Farmers and Merchants Bank PPP 2020 | All 20 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 | $64K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Classic Home Appliance Inc.
Classic Home Appliance Inc. is a retail trade company in Woodward, Oklahoma, in business since 2004. Its estimated annual revenue is about $3.5M, with roughly $228K of EBITDA. It has about 6 employees. Its estimated business value is $456K (likely range $240K–$624K).
Common questions
- Who owns Classic Home Appliance Inc.?
- The owner of Classic Home Appliance 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 Classic Home Appliance Inc. make?
- SeeBITDA estimates Classic Home Appliance Inc.'s annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Classic Home Appliance Inc. worth?
- About $456K, roughly 2× its estimated EBITDA of $228K, typical for a retail trade company its size. Likely range: $240K–$624K.
- How many employees does Classic Home Appliance Inc. have?
- About 6, as reported on its PPP loan.
- When was Classic Home Appliance Inc. founded?
- Classic Home Appliance Inc. has been in business since 2004.