Cory's Audio Visual Services, LLC
- Brad Poarchowner · Company website
- John Coryowner · Company website
- Britt GotcherSenior Vice President, partner · Company website
How we got $9.3M
Based on its 37 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 18% 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 73 years (since 1953)
- Family in the business (John Cory, owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Cory's is an audio visual company in Oklahoma City that provides installed AV technology systems (Spaces), onsite technical service (Onsite), and live event production (Live) for its clients.
From the company's website. Industry: Audio and Video Equipment Manufacturing.
Customers & suppliers
Customers
- Pipeline and Hazardous Materials Safety Administration · federal contracts $169K
- Department of the Air Force · federal contracts $154K
- OG&E · named on its website
- Dolese Bros · named on its website
- Science Museum Oklahoma · named on its website
- Oklahoma Center for Nonprofits · named on its website
- Mercy Gala · named on its website
- Embassy Suites Northwest · named on its website
- Robinson Park · named on its website
- Midwest City Chamber · named on its website
- Mercy Health Foundation · named on its website
- University of Central Oklahoma · named on its website
- Employment Security Commission · named on its website
- Delaney Event Management · named on its website
- Heroes in Waiting · named on its website
- Phase 2 · named on its website
- OKC Museum of Art · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LIFE. CHURCH OPERATIONS, LLC · Edmond, 20 mi · $118.7M
- FIRST ASSEMBLY OF GOD CHURCH · Weatherford, 56 mi · $80.5M
- OKLAHOMA CITY BOATHOUSE FOUNDATION · Oklahoma City, 10 mi · $68.4M
- THE EPISCOPAL DIOCESES OF OKLAHOMA, INC. · Oklahoma City, 9 mi · $63.9M
- CROSSINGS COMMUNITY CHURCH, INC · Oklahoma City, 6 mi · $53.1M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CORY'S AUDIO VISUAL SERVICES, LLC this business | $21.3M | — |
| DD Audio Oklahoma City | $1.1M | 5.9 mi |
| RESONANCE, INC Oklahoma City · 38 employees | $19.0M | 6.0 mi |
| PREMIER VISIONS AV INC Oklahoma City · 10 employees | $3.3M | 10.4 mi |
| Stillwater Designs; Kicker World Headquarters Stillwater | $9.6M | 59.1 mi |
| STILLWATER DESIGNS AND AUDIO, INC. Stillwater | $164.6M | 59.3 mi |
The full calculation
| Employees reported to the SBA | 37 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $21.4M |
| Estimate: the two combined (geometric mean) | $21.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.0M |
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 | $9.3M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.9M – $12.8M |
| Revenue range | $14.0M – $24.3M |
| EBITDA range | $1.3M – $2.3M |
| Industry (NAICS) | Audio and Video Equipment Manufacturing (334310) |
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
“Founded in 1953, Cory’s is a third-generation, family-owned company.”
Advisors
- BankingRCB 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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 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 | $552K | 37 |
| 1/20/2021 | second | $550K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cory's Audio Visual Services, LLC
Cory's Audio Visual Services, LLC is a family-owned audio and video equipment manufacturing company in Oklahoma City, Oklahoma, in business since 1953. It is owned by Joseph A. Cory (Owner and CEO). Its estimated annual revenue is about $21.3M, with roughly $2.0M of EBITDA. It has about 37 employees. Its estimated business value is $9.3M (likely range $4.9M–$12.8M).
Common questions
- Who owns Cory's Audio Visual Services, LLC?
- Cory's Audio Visual Services, LLC is owned by Joseph A. Cory (Owner and CEO), according to public sources such as the company's website or filings.
- How much revenue does Cory's Audio Visual Services, LLC make?
- SeeBITDA estimates Cory's Audio Visual Services, LLC's annual revenue at about $21.3M (likely between $14.0M and $24.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cory's Audio Visual Services, LLC worth?
- About $9.3M, roughly 4.7× its estimated EBITDA of $2.0M, typical for a audio and video equipment manufacturing company its size. Likely range: $4.9M–$12.8M.
- How many employees does Cory's Audio Visual Services, LLC have?
- About 37, as reported on its PPP loan.
- When was Cory's Audio Visual Services, LLC founded?
- Cory's Audio Visual Services, LLC has been in business since 1953.