Elite Chiropractic, PC
How we got $764K
Based on 7 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 38% 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 Unlikely to sell soon
- In business 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
What they do
Elite Chiropractic, PC is a chiropractic practice in Tulsa, OK whose stated mission is to provide an elite, nurturing, and healing environment serving the Tulsa community with comprehensive chiropractic care.
From the company's website. Industry: Chiropractors & therapists.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ELITE CHIROPRACTIC, PC this business | $1.2M | — |
| Craig Chad O DC Tulsa | $991K | 0.0 mi |
| Neogenesis Llc Tulsa | $991K | 0.0 mi |
| Lumos Chiropractic Tulsa | $991K | 0.1 mi |
| Neurometrics, Pllc Tulsa | $991K | 0.1 mi |
| Kirkpatrick Wellness Llc Tulsa | $991K | 0.1 mi |
| Life Connection Counseling Tulsa | $991K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Industry revenue per employee | $111K |
| Revenue = employees × revenue per employee | $1.2M |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $255K |
| Cross-check: revenue implied by PPP payroll | $249K |
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 | $764K |
| Multiple for this size and industry | 3× |
| Value range | $362K – $1.1M |
| Revenue range | $700K – $1.4M |
| EBITDA range | $151K – $301K |
| Industry (NAICS) | Offices of chiropractors (621310) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $10K | 7 |
| 1/21/2021 | second | $10K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Elite Chiropractic, PC
Elite Chiropractic, PC is a chiropractors & therapists company in Tulsa, Oklahoma, in business since 2009. It is owned by Chad Craig. Its estimated annual revenue is about $1.2M, with roughly $255K of EBITDA. It has about 7 employees. Its estimated business value is $764K (likely range $362K–$1.1M).
Common questions
- Who owns Elite Chiropractic, PC?
- Elite Chiropractic, PC is owned by Chad Craig, according to public sources such as the company's website or filings.
- How much revenue does Elite Chiropractic, PC make?
- SeeBITDA estimates Elite Chiropractic, PC's annual revenue at about $1.2M (likely between $700K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elite Chiropractic, PC worth?
- About $764K, roughly 3× its estimated EBITDA of $255K, typical for a chiropractors & therapists company its size. Likely range: $362K–$1.1M.
- How many employees does Elite Chiropractic, PC have?
- About 7, as reported on its PPP loan.
- When was Elite Chiropractic, PC founded?
- Elite Chiropractic, PC has been in business since 2009.