SeeBITDAOklahoma

Eyecare of Western Oklahoma, P.C.

Offices of Optometrists
Estimated valueMedium confidence
$1.4M
$727Klikely range$1.9M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$2.4M
a year
Profit (EBITDA)
$461K
19% of revenue
Employees
12
reported in 2020
Leadership
Colby Roberts
CEO · source · confirmed by 2 sources

How we got $1.4M

Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.

12 employees × $176K each$2.1M
PPP payroll ÷ payroll's usual share of revenue$2.0M
Shown toward the top of its range×1.14
Revenue$2.4M
× 19% profit margin$461K
× 3 sale multiple = value$1.4M

· Own this business? Correct these figures

Estimated value over time

▲ 22% since 2020
$0$795K$1.6M20202026

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

What they do

EyeCare of Western Oklahoma is a full service optometry practice in Elk City, OK that provides eye exams, contact lenses, glasses, and eye care services for patients including emergency and scheduled care.

Products & services
complete eye examscontact lensesglassesdry eye testing and treatmentglaucoma testing/carepre- and post-operative carerefractive surgery consults and co-managementeyeglasses & framessunglasses with prescription lenseseye emergencies
Service area
Elk City, OKwestern OklahomaTexas panhandle

From the company's website. Industry: Offices of Optometrists.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
EYECARE OF WESTERN OKLAHOMA, P.C.
this business
$2.4M$461K—
Mrs. Jenny Guajardo
Elk City
$990K$213K0.1 mi
REDLAND CHIROPRACTIC, INC.
Elk City · 2 employees
$313K$79K0.5 mi
American Family Wellness
Elk City
$990K$213K0.5 mi
Supreme Float Center and Salon
Elk City
$990K$213K0.6 mi
DCBOREN PT LLC
Elk City · 1 employees
$236K$59K0.7 mi
Physical Therapy Central
Elk City
$990K$213K0.7 mi

The full calculation

Employees reported to the SBA12
Revenue from headcount (employees × revenue per employee for companies this size)$2.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.0M
Estimate: the two combined (geometric mean)$2.4M
EBITDA margin (industry, adjusted for size)19%
EBITDA = revenue × margin$461K

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$1.4M
Multiple for this size and industry3×
Value range$727K – $1.9M
Revenue range$1.6M – $2.7M
EBITDA range$303K – $525K
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

Founded by Colby Roberts
“Dr. Colby Roberts is the CEO and founder of EyeCare of Western Oklahoma.”

Advisors

  • BankingLegacy 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

Legacy Bank
PPP 2020
All 727 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$78K$78K12Legacy Bank

Public records

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

About Eyecare of Western Oklahoma, P.C.

Eyecare of Western Oklahoma, P.C. is an offices of optometrists company in Elk City, Oklahoma, in business since 2013. It is owned by Colby Roberts (CEO). Its estimated annual revenue is about $2.4M, with roughly $461K of EBITDA. It has about 12 employees. Its estimated business value is $1.4M (likely range $727K–$1.9M).

Common questions

Who owns Eyecare of Western Oklahoma, P.C.?
Eyecare of Western Oklahoma, P.C. is owned by Colby Roberts (CEO), according to public sources such as the company's website or filings.
How much revenue does Eyecare of Western Oklahoma, P.C. make?
SeeBITDA estimates Eyecare of Western Oklahoma, P.C.'s annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Eyecare of Western Oklahoma, P.C. worth?
About $1.4M, roughly 3× its estimated EBITDA of $461K, typical for a offices of optometrists company its size. Likely range: $727K–$1.9M.
How many employees does Eyecare of Western Oklahoma, P.C. have?
About 12, as reported on its PPP loan.
When was Eyecare of Western Oklahoma, P.C. founded?
Eyecare of Western Oklahoma, P.C. has been in business since 2013.