SeeBITDAOklahoma

Ernie's Pharmacy & Wellness Center, Inc.

Estimated valueMedium confidence
$2.2M
$1.2Mlikely range$3.0M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$11.1M
a year
Profit (EBITDA)
$741K
7% of revenue
Employees
18
reported in 2020
Leadership
Ernie Sykora
Pharmacist/Owner · source · confirmed by 2 sources
Unlikely to sell soon

How we got $2.2M

Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.

18 employees × $578K each$10.4M
PPP payroll ÷ payroll's usual share of revenue$9.2M
Shown toward the top of its range×1.14
Revenue$11.1M
× 7% profit margin$741K
× 3 sale multiple = value$2.2M

· Own this business? Correct these figures

Estimated value over time

▲ 24% since 2020
$0$1.3M$2.6M20202026

Today'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

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • In business 18 years (since 2008)

From public records and the company's website, not a statement that it's for sale.

What they do

Ernie's Pharmacy and Wellness Center is a pharmacy in Muskogee, OK, serving the community of Muskogee and surrounding areas since 2008, offering prescription medications, over-the-counter products and wellness services.

Products & services
Free Home DeliveryMedication AdherenceDurable Medical EquipmentFlu Shots & ImmunizationsMed SynchronizationMTM ServicesLong Term Care ServicesPrivate ConsultationTravel VaccinationsCholesterol ScreeningsHormone TestingOTC
Service area
MuskogeeMuskogee, OK

From the company's website. Industry: Pharmacies.

Customers & suppliers

Suppliers & brands

  • Beltone · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
ERNIE'S PHARMACY & WELLNESS CENTER, INC.
this business
$11.1M$741K—
BETTER SOUND HEARING AID SERVICE
Muskogee · 31 employees
$13.5M$838K0.8 mi
GADDY'S DISCOUNT DRUG
Muskogee · 13 employees
$8.3M$553K1.2 mi
HUNTER'S GREEN COUNTRY PHARMACY, LLC
Muskogee · 2 employees
$2.4M$201K2.1 mi
ECONOMY PHARMACY, INC
Muskogee · 82 employees
$47.7M$3.0M3.5 mi
HEALTH BIZ
Muskogee · 3 employees
$948K$87K3.5 mi
LMP ENTERPRISES INC
Muskogee · 2 employees
$1.3M$109K3.9 mi

The full calculation

Employees reported to the SBA18
Revenue from headcount (employees × revenue per employee for companies this size)$10.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$9.2M
Estimate: the two combined (geometric mean)$11.1M
EBITDA margin (industry, adjusted for size)7%
EBITDA = revenue × margin$741K

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$2.2M
Multiple for this size and industry3×
Value range$1.2M – $3.0M
Revenue range$7.3M – $12.7M
EBITDA range$488K – $845K
Industry (NAICS)Retail Trade (446110)

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

History & advisors

Founded 2008
“We've been serving the community of Muskogee and the surrounding areas since 2008.”

Advisors

  • BankingBOKF, 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

BOKF, National Association
PPP 2020
All 2,399 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/13/2020first$130K$132K18BOKF, National Association

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Ernie's Pharmacy & Wellness Center, Inc.

Ernie's Pharmacy & Wellness Center, Inc. is a pharmacies company in Muskogee, Oklahoma, in business since 2008. It is owned by Ernie Sykora (Pharmacist/Owner). Its estimated annual revenue is about $11.1M, with roughly $741K of EBITDA. It has about 18 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M).

Common questions

Who owns Ernie's Pharmacy & Wellness Center, Inc.?
Ernie's Pharmacy & Wellness Center, Inc. is owned by Ernie Sykora (Pharmacist/Owner), according to public sources such as the company's website or filings.
How much revenue does Ernie's Pharmacy & Wellness Center, Inc. make?
SeeBITDA estimates Ernie's Pharmacy & Wellness Center, Inc.'s annual revenue at about $11.1M (likely between $7.3M and $12.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Ernie's Pharmacy & Wellness Center, Inc. worth?
About $2.2M, roughly 3× its estimated EBITDA of $741K, typical for a pharmacies company its size. Likely range: $1.2M–$3.0M.
How many employees does Ernie's Pharmacy & Wellness Center, Inc. have?
About 18, as reported on its PPP loan.
When was Ernie's Pharmacy & Wellness Center, Inc. founded?
Ernie's Pharmacy & Wellness Center, Inc. has been in business since 2008.