Edmond Regional Eye Associates, Inc.
- Robert GourleyDoctor · Company website
- Andrew HogueDoctor · Company website
- Bradley DanielDoctor · Company website
- Michael Andrew HogueSigns company filings · Form 5500 (2024)
How we got $2.8M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Employees over time
▼ 25% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 12 | $2.7M |
| 2020 | Form 5500 | 10 | $2.2M |
| 2021 | Form 5500 | 11 | $2.4M |
| 2022 | Form 5500 | 11 | $2.4M |
| 2023 | Form 5500 | 13 | $2.9M |
| 2024 | Form 5500 | 9 | $2.0M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Likely to sell
- In business 47 years (since 1979)
- Founder still runs it after 47 years
- Family in the business (Robert Gourley, Doctor)
- Headcount down 31% since 2023 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Edmond Regional Eye Associates provides complete eye care for patients of all ages in Edmond, Oklahoma, including cataract surgery, LASIK, glaucoma and dry eye care, and cosmetic eyelid surgery.
From the company's website. Industry: Doctors & clinics.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EDMOND REGIONAL EYE ASSOCIATES, INC. this business | $3.6M | — |
| Yandell Chiropractic Clinic Edmond | $1.5M | 0.1 mi |
| MORGAN FAMILY MEDICINE, PLLC Edmond · 1 employees | $523K | 0.1 mi |
| The Retreat Mindbody Wellness Edmond | $1.5M | 0.2 mi |
| Direct Wound Care Edmond | $1.5M | 0.2 mi |
| CENTRAL OKLAHOMA EARLY DETECTION CENTER PC Edmond · 10 employees | $2.2M | 0.2 mi |
| Kuykendall Dermatology Edmond | $1.5M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $3.6M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $692K |
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 | $2.8M |
| Multiple for this size and industry | 4.1× |
| Value range | $1.5M – $3.9M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $455K – $789K |
| 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
History & advisors
“Edmond Regional Eye Associates was founded in Edmond, Oklahoma by Dr. Gourley in the summer of 1979.”
Advisors
- BankingJPMorgan Chase Bank, National Association, Legacy 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
| JPMorgan Chase Bank, National Association PPP 2020 | All 993 borrowers → |
| Legacy Bank PPP 2021 | All 727 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 | $164K | 12 |
| 1/17/2021 | second | $154K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Edmond Regional Eye Associates, Inc.
Edmond Regional Eye Associates, Inc. is a doctors & clinics company in Edmond, Oklahoma, in business since 1979. It is owned by Dr. Gourley (Founder). Its estimated annual revenue is about $3.6M, with roughly $692K of EBITDA. It has about 9 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.9M).
Common questions
- Who owns Edmond Regional Eye Associates, Inc.?
- Edmond Regional Eye Associates, Inc. is owned by Dr. Gourley (Founder), according to public sources such as the company's website or filings.
- How much revenue does Edmond Regional Eye Associates, Inc. make?
- SeeBITDA estimates Edmond Regional Eye Associates, Inc.'s annual revenue at about $3.6M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Edmond Regional Eye Associates, Inc. worth?
- About $2.8M, roughly 4.1× its estimated EBITDA of $692K, typical for a doctors & clinics company its size. Likely range: $1.5M–$3.9M.
- How many employees does Edmond Regional Eye Associates, Inc. have?
- About 9, from its 2024 retirement-plan filing.
- When was Edmond Regional Eye Associates, Inc. founded?
- Edmond Regional Eye Associates, Inc. has been in business since 1979.
- Is Edmond Regional Eye Associates, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 47 years (since 1979); founder still runs it after 47 years; family in the business (robert gourley, doctor).