Enid Eye, Inc.
- Natalie JohndrowSigns company filings · Form 5500 (2024)
How we got $2.8M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 59 years (since 1967)
- Founder still runs it after 59 years
From public records and the company's website, not a statement that it's for sale.
What they do
Enid Eye, Inc. is a multidisciplinary eye care group in Enid, Oklahoma, offering comprehensive eye exams, medical and surgical eye treatment, contact lenses and an optical boutique for patients of all ages.
From the company's website. Industry: Offices of Optometrists.
Estimated value over time
▲ 22% 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
▼ 21% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 14 | $1.9M |
| 2020 | Form 5500 | 10 | $1.3M |
| 2021 | Form 5500 | 11 | $1.5M |
| 2022 | Form 5500 | 11 | $1.5M |
| 2023 | Form 5500 | 10 | $1.3M |
| 2024 | Form 5500 | 10 | $1.3M |
| 2025 | Form 5500 | 11 | $1.5M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ENID EYE, INC. this business | $3.8M | — |
| Robert W Whiteneck DO Enid | $990K | 0.2 mi |
| SARAH K. MILLER, PLLC Enid · 2 employees | $541K | 0.2 mi |
| Enid Live Well Enid | $990K | 0.2 mi |
| Family Eye And Vision Care Enid | $990K | 0.2 mi |
| Valtr Family Therapy Enid | $990K | 0.3 mi |
| Greenbrier Skilled Nursing & Rehabilitation Center Enid | $990K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 14 |
| 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) | $4.5M |
| Estimate: the two combined (geometric mean) | $3.8M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $740K |
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 | 3.8× |
| Value range | $1.5M – $3.8M |
| Revenue range | $2.5M – $4.3M |
| EBITDA range | $486K – $843K |
| Industry (NAICS) | Offices of Optometrists (621320) |
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
“Serving northwest Oklahoma since 1967, your Eye Doctors and your eye team are dedicated to providing the best eye health care possible to our patients.”
Advisors
- BankingStride Bank, National AssociationPPP / 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
| Stride Bank, National Association PPP 2020, PPP 2021 | All 504 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 | $171K | 14 |
| 4/6/2020 | first | $20K | 3 |
| 2/17/2021 | second | $20K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Enid Eye, Inc.
Enid Eye, Inc. is an offices of optometrists company in Enid, Oklahoma, in business since 1967. It is owned by Stan Miller (Founder). Its estimated annual revenue is about $3.8M, with roughly $740K of EBITDA. It has about 11 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).
Common questions
- Who owns Enid Eye, Inc.?
- Enid Eye, Inc. is owned by Stan Miller (Founder), according to public sources such as the company's website or filings.
- How much revenue does Enid Eye, Inc. make?
- SeeBITDA estimates Enid Eye, Inc.'s annual revenue at about $3.8M (likely between $2.5M and $4.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Enid Eye, Inc. worth?
- About $2.8M, roughly 3.8× its estimated EBITDA of $740K, typical for a offices of optometrists company its size. Likely range: $1.5M–$3.8M.
- How many employees does Enid Eye, Inc. have?
- About 11, from its 2025 retirement-plan filing.
- When was Enid Eye, Inc. founded?
- Enid Eye, Inc. has been in business since 1967.
- Is Enid Eye, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 59 years (since 1967); founder still runs it after 59 years.