Complete Care Medical, Inc.
How we got $1.8M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 40% 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.
What we know
Signs of a sale Some signs of a sale
- In business 37 years (since 1989)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Complete Care Medical, Inc. is a medical equipment and supplies business with locations in Idabel and Hugo, Oklahoma and Paris, Texas, offering home medical equipment, accessibility products and nursing supplies, with free delivery and billing to Medicare and Medicaid.
From the company's website. Industry: Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COMPLETE CARE MEDICAL, INC. this business | $7.4M | — |
| COURSEY ENTERPRISES, INC. Idabel · 20 employees | $7.2M | 1.1 mi |
| ULTIMATE HEALTHCARE EQUIPMENT, LLC Idabel · 2 employees | $805K | 1.2 mi |
| PREMIER MEDICAL RENTAL CORP Idabel · 3 employees | $1.2M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $18.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.7M |
| Estimate: the two combined (geometric mean) | $7.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $509K |
Calibrated: revenue lowered to 48% of the industry-average estimate, to match what businesses in this industry actually report.
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 | $1.8M |
| Multiple for this size and industry | 3.6× |
| Value range | $964K – $2.5M |
| Revenue range | $4.9M – $8.5M |
| EBITDA range | $335K – $580K |
| Industry (NAICS) | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450) |
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
History & advisors
“Established in 1989, we have been locally owned and operated by Victor & Karla Clay since 2010, serving the healthcare needs of Southeast Oklahoma and the Paris, Texas area.”
Advisors
- BankingThe Idabel National 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
| The Idabel National Bank PPP 2020 | All 58 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $174K | 21 |
2 locations
| 110 SE WASHINGTON ST | Idabel | This listing |
| 215 N High St | Antlers | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Complete Care Medical, Inc.
Complete Care Medical, Inc. is a medical, dental, and hospital equipment and supplies merchant wholesalers company in Idabel, Oklahoma, in business since 1989. It is owned by Karla Clay. Its estimated annual revenue is about $7.4M, with roughly $509K of EBITDA. It has about 21 employees. Its estimated business value is $1.8M (likely range $964K–$2.5M). It has 2 locations.
Common questions
- Who owns Complete Care Medical, Inc.?
- Complete Care Medical, Inc. is owned by Karla Clay, according to public sources such as the company's website or filings.
- How much revenue does Complete Care Medical, Inc. make?
- SeeBITDA estimates Complete Care Medical, Inc.'s annual revenue at about $7.4M (likely between $4.9M and $8.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Complete Care Medical, Inc. worth?
- About $1.8M, roughly 3.6× its estimated EBITDA of $509K, typical for a medical, dental, and hospital equipment and supplies merchant wholesalers company its size. Likely range: $964K–$2.5M.
- How many employees does Complete Care Medical, Inc. have?
- About 21, as reported on its PPP loan.
- When was Complete Care Medical, Inc. founded?
- Complete Care Medical, Inc. has been in business since 1989.