Covenant Brothers Inc.
How we got $321K
Based on its 2 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 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Covenant Brothers is a custom clothing, tailoring and alterations business in Oklahoma City that makes and alters clothing for men and women. It also offers in-store, appointment, and home or office visit service, with shipping by UPS.
From the company's website. Industry: Retail Trade.
Estimated value over time
▲ 10% 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 |
|---|---|---|
| COVENANT BROTHERS INC. this business | $1.5M | — |
| CALEB Oklahoma City · 5 employees | $1.7M | 1.1 mi |
| BLUE SEVEN LLC Oklahoma City · 5 employees | $1.7M | 1.1 mi |
| HELENAS TAILOR SHOP LLC Oklahoma City · 2 employees | $769K | 1.1 mi |
| RL BRIDAL AND PROM, LLC Oklahoma City · 6 employees | $1.2M | 1.3 mi |
| KICKLAHOMA LLC Okc · 8 employees | $4.4M | 1.6 mi |
| LUCCA FASHION BOUTIQUE INC Oklahoma City · 35 employees | $12.3M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| 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) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $160K |
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 | $321K |
| Multiple for this size and industry | 2× |
| Value range | $169K – $439K |
| Revenue range | $1.0M – $1.7M |
| EBITDA range | $105K – $183K |
| Industry (NAICS) | Retail Trade (448110) |
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
- 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 |
|---|---|---|---|
| 4/29/2020 | first | $17K | 2 |
| 2/9/2021 | second | $17K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Covenant Brothers Inc.
Covenant Brothers Inc. is a retail trade company in Oklahoma City, Oklahoma, in business since 1999. Its estimated annual revenue is about $1.5M, with roughly $160K of EBITDA. It has about 2 employees. Its estimated business value is $321K (likely range $169K–$439K).
Common questions
- Who owns Covenant Brothers Inc.?
- The owner of Covenant Brothers 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 Covenant Brothers Inc. make?
- SeeBITDA estimates Covenant Brothers Inc.'s annual revenue at about $1.5M (likely between $1.0M and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Covenant Brothers Inc. worth?
- About $321K, roughly 2× its estimated EBITDA of $160K, typical for a retail trade company its size. Likely range: $169K–$439K.
- How many employees does Covenant Brothers Inc. have?
- About 2, as reported on its PPP loan.
- When was Covenant Brothers Inc. founded?
- Covenant Brothers Inc. has been in business since 1999.