David R. Free Od PC
How we got $1.3M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Family Eye Care, run by optometrist Dr. David Free in Tulsa, OK, provides eye exams, contact lenses, glasses, glaucoma testing, and pre- and post-operative care for patients in the Tulsa area.
From the company's website. Industry: Doctors & clinics.
Estimated value over time
▲ 23% 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 |
|---|---|---|
| DAVID R. FREE OD PC this business | $2.1M | — |
| Elliott Chiropractic Tulsa | $1.5M | 0.1 mi |
| Divina Lucas Roman, MD Tulsa | $1.5M | 0.2 mi |
| Anderson Donna J Tulsa | $1.5M | 0.3 mi |
| Dr. Janet E. Biggs, Md Tulsa | $1.5M | 0.3 mi |
| Davita Tulsa | $1.5M | 0.3 mi |
| Tulsa Hand Therapy Tulsa | $1.5M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $2.1M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $402K |
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 | $1.3M |
| Multiple for this size and industry | 3.3× |
| Value range | $699K – $1.8M |
| Revenue range | $1.4M – $2.4M |
| EBITDA range | $265K – $459K |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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
“Though our practice has served Tulsa for over 50 years, our office at 1223 S. Peoria is new, having been completed in February 2001.”
Leadership
- DFDavid FreeOptometrist · Company website · source
Advisors
- BankingFirst Oklahoma 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
| First Oklahoma Bank PPP 2020 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $71K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About David R. Free Od PC
David R. Free Od PC is a doctors & clinics company in Tulsa, Oklahoma, in business since 2005. Its estimated annual revenue is about $2.1M, with roughly $402K of EBITDA. It has about 9 employees. Its estimated business value is $1.3M (likely range $699K–$1.8M).
Common questions
- Who owns David R. Free Od PC?
- The owner of David R. Free Od PC 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 David R. Free Od PC make?
- SeeBITDA estimates David R. Free Od PC's annual revenue at about $2.1M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is David R. Free Od PC worth?
- About $1.3M, roughly 3.3× its estimated EBITDA of $402K, typical for a doctors & clinics company its size. Likely range: $699K–$1.8M.
- How many employees does David R. Free Od PC have?
- About 9, as reported on its PPP loan.
- When was David R. Free Od PC founded?
- David R. Free Od PC has been in business since 2005.