SeeBITDAOklahoma

Espigares Ltd

Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
Estimated valueMedium confidence
$176K
$92Klikely range$240K
About 2.4× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$875K
a year
EBITDA
$73K
8% of revenue
Employees
2
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $176K

Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.

2 employees × $1.8M each$3.5M
PPP payroll ÷ payroll's usual share of revenue$2.4M
Calibrated to real figures in its industry, shown toward the top of its range×0.30
Revenue$875K
× 8% EBITDA margin$73K
× 2.4 sale multiple = value$176K

Own this business? Correct these figures

Estimated value over time

▲ 47% since 2020
$0$101K$202K20202026

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
No website found
Owner not found

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
ESPIGARES LTD
this business
$875K$73K—
DEVAULT ENTERPRISES, INC.
Tulsa · 10 employees
$7.4M$545K0.7 mi
MID-AMERICA PACKAGING JANITORIAL
Tulsa · 4 employees
$2.2M$205K1.4 mi
LOOPS, A YARN STORE, LLC
Tulsa · 9 employees
$6.5M$480K1.4 mi
SUNGLOW AND SIGNS TODAY
Tulsa · 9 employees
$5.6M$414K1.6 mi
PAPPAS INCORPORATED
Tulsa · 2 employees
$1.9M$176K1.8 mi
CENTURY PLATING, INC
Tulsa · 1 employees
$595K$54K2.0 mi

Ranges & sources

Revenue range$576K – $998K
EBITDA range$48K – $83K
Industry (NAICS)Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (423940)
Value range$92K – $240K

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. 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

  • BankingSecurity 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 Roles are as stated there and may be out of date.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

Security Bank
PPP 2020
All 617 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/27/2020first$13K$13K2Security Bank

About Espigares Ltd

Espigares Ltd is a jewelry, watch, precious stone, and precious metal merchant wholesalers company in Tulsa, Oklahoma. Its estimated annual revenue is about $875K, with roughly $73K of EBITDA. It has about 2 employees. Its estimated business value is $176K (likely range $92K–$240K).

Common questions

Who owns Espigares Ltd?
The owner of Espigares Ltd 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 Espigares Ltd make?
SeeBITDA estimates Espigares Ltd's annual revenue at about $875K (likely between $576K and $998K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Espigares Ltd worth?
About $176K, roughly 2.4× its estimated EBITDA of $73K, typical for a jewelry, watch, precious stone, and precious metal merchant wholesalers company its size. Likely range: $92K–$240K.
How many employees does Espigares Ltd have?
About 2, as reported on its PPP loan.