Crown Office Furnishings LLC
How we got $708K
Based on its 7 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 71 years (since 1955)
- Family in the business (Sue Stine, Owner and manager (retired in 2024))
From public records and the company's website, not a statement that it's for sale.
What they do
Crown Office Furnishings (Crown Office Furniture) sells office furniture, including ergonomic chairs, standing desks, storage and complete office setups, for businesses and home offices in Tulsa and Oklahoma. It says it has served Oklahoma for over 70 years.
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 |
|---|---|---|
| CROWN OFFICE FURNISHINGS LLC this business | $3.9M | — |
| CASUAL FURNITURE CO. Tulsa · 25 employees | $15.2M | 1.2 mi |
| L&M OFFICE FURNITURE, LLC Tulsa · 60 employees | $26.5M | 1.2 mi |
| C.B. FURNITURE LLC Tulsa · 8 employees | $4.6M | 1.2 mi |
| BFD OF TULSA INC Tulsa · 13 employees | $6.5M | 1.4 mi |
| FURNITURE AND MORE Tulsa · 6 employees | $4.0M | 1.4 mi |
| OK MATTRESS VENTURES Tulsa · 34 employees | $22.2M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $3.9M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $295K |
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 | $708K |
| Multiple for this size and industry | 2.4× |
| Value range | $373K – $969K |
| Revenue range | $2.6M – $4.5M |
| EBITDA range | $194K – $337K |
| Industry (NAICS) | Retail Trade (442110) |
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
Leadership
- SSSue StineOwner and manager (retired in 2024) · Company website · source
- DSDavid StineFamily leader continuing the family legacy · Company website · source
- JMJulie (Stine) MossFamily leader continuing the family legacy · Company website · source
- RBRobin (Stine) BlonskySales and design team · Company website · source
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $73K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Crown Office Furnishings LLC
Crown Office Furnishings LLC is a family-owned retail trade company in Tulsa, Oklahoma, in business since 1955. It is owned by Brad Stine. Its estimated annual revenue is about $3.9M, with roughly $295K of EBITDA. It has about 7 employees. Its estimated business value is $708K (likely range $373K–$969K).
Common questions
- Who owns Crown Office Furnishings LLC?
- Crown Office Furnishings LLC is owned by Brad Stine, according to public sources such as the company's website or filings.
- How much revenue does Crown Office Furnishings LLC make?
- SeeBITDA estimates Crown Office Furnishings LLC's annual revenue at about $3.9M (likely between $2.6M and $4.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Crown Office Furnishings LLC worth?
- About $708K, roughly 2.4× its estimated EBITDA of $295K, typical for a retail trade company its size. Likely range: $373K–$969K.
- How many employees does Crown Office Furnishings LLC have?
- About 7, as reported on its PPP loan.
- When was Crown Office Furnishings LLC founded?
- Crown Office Furnishings LLC has been in business since 1955.