Clear-Tone Hearing Aid Laboratories, Inc.
How we got $6.9M
Based on its 43 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 42 years (since 1984)
From public records and the company's website, not a statement that it's for sale.
What they do
Clear-Tone Hearing Aids is a Tulsa hearing center, in business since 1984, that offers hearing evaluations, hearing aid fittings, and hearing aid service and repair for its patients.
From the company's website. Industry: All Other Miscellaneous Ambulatory Health Care Services.
Estimated value over time
▲ 99% 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 |
|---|---|---|
| CLEAR-TONE HEARING AID LABORATORIES, INC. this business | $10.6M | — |
| GOLIFE MOBILE MEDICAL INC Tulsa · 7 employees | $1.2M | 0.8 mi |
| CYNTHIA BOYKIN Tulsa · 128 employees | $34.5M | 0.9 mi |
| LIFE PACE, INC Tulsa · 66 employees | $25.5M | 1.0 mi |
| OPEN HANDS WELLNESS & THERAPEUTIC SERVICES LLC Tulsa · 1 employees | $335K | 1.2 mi |
| STRATEGIC OPERATING SUPPORT LTD. CO. Tulsa · 59 employees | $13.9M | 2.0 mi |
| CFS ALLIED HEALTH EDUCATION, LLC Tulsa · 5 employees | $751K | 2.1 mi |
The full calculation
| Employees reported to the SBA | 43 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.5M |
| Estimate: the two combined (geometric mean) | $10.6M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $1.5M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 60% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $6.9M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.2M – $10.8M |
| Revenue range | $7.9M – $13.8M |
| EBITDA range | $1.2M – $2.0M |
| Industry (NAICS) | All Other Miscellaneous Ambulatory Health Care Services (621999) |
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
- BankingCrossFirst 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
| CrossFirst Bank PPP 2020 | All 299 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 | $420K | 43 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Clear-Tone Hearing Aid Laboratories, Inc.
Clear-Tone Hearing Aid Laboratories, Inc. is an all other miscellaneous ambulatory health care services company in Tulsa, Oklahoma, in business since 1984. Its estimated annual revenue is about $10.6M, with roughly $1.5M of EBITDA. It has about 43 employees. Its estimated business value is $6.9M (likely range $4.2M–$10.8M).
Common questions
- Who owns Clear-Tone Hearing Aid Laboratories, Inc.?
- The owner of Clear-Tone Hearing Aid Laboratories, 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 Clear-Tone Hearing Aid Laboratories, Inc. make?
- SeeBITDA estimates Clear-Tone Hearing Aid Laboratories, Inc.'s annual revenue at about $10.6M (likely between $7.9M and $13.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Clear-Tone Hearing Aid Laboratories, Inc. worth?
- About $6.9M, roughly 4.5× its estimated EBITDA of $1.5M, typical for a all other miscellaneous ambulatory health care services company its size. Likely range: $4.2M–$10.8M.
- How many employees does Clear-Tone Hearing Aid Laboratories, Inc. have?
- About 43, as reported on its PPP loan.
- When was Clear-Tone Hearing Aid Laboratories, Inc. founded?
- Clear-Tone Hearing Aid Laboratories, Inc. has been in business since 1984.