Eyecare Associates of South Tulsa PC
How we got $8.5M
Based on its 42 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
EyeCare Associates of South Tulsa is a medical eye care practice in Tulsa, Oklahoma, offering eye surgery, retina treatment and treatment of vision and ocular disorders for patients and their families.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EYECARE ASSOCIATES OF SOUTH TULSA PC this business | $12.1M | — |
| Dry Eye Center of South Tulsa Tulsa | $1.0M | 0.0 mi |
| Joint Restoration Center & Physical Therapy Tulsa | $1.0M | 0.1 mi |
| MyEyeDr. Tulsa | $1.0M | 0.2 mi |
| PHYSICAL REHABILITATION CENTER ON MINGO LLC Tulsa · 8 employees | $1.3M | 0.2 mi |
| Ben D. Beeler Tulsa | $1.0M | 0.2 mi |
| IMPACT CHIROPRACTIC CLINIC, INC PC Tulsa · 9 employees | $1.7M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 42 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.2M |
| Estimate: the two combined (geometric mean) | $12.1M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $1.9M |
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 | $8.5M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.5M – $11.7M |
| Revenue range | $8.0M – $13.8M |
| EBITDA range | $1.2M – $2.2M |
| 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
People & advisors
Advisors
- BankingFirstar 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
| Firstar Bank PPP 2020 | All 380 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 | $587K | 42 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Eyecare Associates of South Tulsa PC
Eyecare Associates of South Tulsa PC is an offices of optometrists company in Tulsa, Oklahoma, in business since 2006. Its estimated annual revenue is about $12.1M, with roughly $1.9M of EBITDA. It has about 42 employees. Its estimated business value is $8.5M (likely range $4.5M–$11.7M).
Common questions
- Who owns Eyecare Associates of South Tulsa PC?
- The owner of Eyecare Associates of South Tulsa PC 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 Eyecare Associates of South Tulsa PC make?
- SeeBITDA estimates Eyecare Associates of South Tulsa PC's annual revenue at about $12.1M (likely between $8.0M and $13.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Eyecare Associates of South Tulsa PC worth?
- About $8.5M, roughly 4.5× its estimated EBITDA of $1.9M, typical for a offices of optometrists company its size. Likely range: $4.5M–$11.7M.
- How many employees does Eyecare Associates of South Tulsa PC have?
- About 42, as reported on its PPP loan.
- When was Eyecare Associates of South Tulsa PC founded?
- Eyecare Associates of South Tulsa PC has been in business since 2006.