Evetts Drug Inc.
How we got $699K
Based on its 6 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 18% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EVETTS DRUG INC. this business | $3.9M | — |
| CLINIC PHARMACY OF CORDELL, INC Cordell · 8 employees | $5.6M | 0.8 mi |
| CARING HEARING AID SERVICES LLC Clinton · 2 employees | $1.3M | 15.1 mi |
| GWA, INC. Clinton · 6 employees | $7.6M | 15.4 mi |
| WEATHERFORD PHARMACY INC Weatherford · 16 employees | $7.6M | 22.5 mi |
| WEATHERFORD RX INC Weatherford · 8 employees | $4.3M | 23.6 mi |
| BENNETT DRUG INC Carnegie · 12 employees | $6.9M | 25.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.9M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $291K |
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 | $699K |
| Multiple for this size and industry | 2.4× |
| Value range | $368K – $956K |
| Revenue range | $2.5M – $4.4M |
| EBITDA range | $192K – $332K |
| 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
People & advisors
Advisors
- BankingShamrock 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 Roles are as stated there and may be out of date.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
| Shamrock Bank, National Association PPP 2021 | All 130 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/2/2021 | first | $36K | 6 |
About Evetts Drug Inc.
Evetts Drug Inc. is a pharmacies company in Cordell, Oklahoma. Its estimated annual revenue is about $3.9M, with roughly $291K of EBITDA. It has about 6 employees. Its estimated business value is $699K (likely range $368K–$956K).
Common questions
- Who owns Evetts Drug Inc.?
- The owner of Evetts Drug Inc. 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 Evetts Drug Inc. make?
- SeeBITDA estimates Evetts Drug Inc.'s annual revenue at about $3.9M (likely between $2.5M and $4.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Evetts Drug Inc. worth?
- About $699K, roughly 2.4× its estimated EBITDA of $291K, typical for a pharmacies company its size. Likely range: $368K–$956K.
- How many employees does Evetts Drug Inc. have?
- About 6, as reported on its PPP loan.