Fabric Patch Built Shop LLC
How we got $164K
Based on its 1 employees and its payroll, both reported for PPP in 2021 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
Fabric Patch Quilt Shop in Gore, OK sells quilting fabrics, notions and Handi Quilter and Brother machines, and offers longarm quilting and sewing machine repair services. The pages describe it as a quilt shop for quilters and sewing enthusiasts.
From the company's website. Industry: Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Handi Quilter · brand it sells or installs
- Brother · brand it sells or installs
- Benartex · brand it sells or installs
- Riley Blake · brand it sells or installs
- Moda · brand it sells or installs
- ByAnnie · brand it sells or installs
- Accuquilt · brand it sells or installs
- Kimberbell · brand it sells or installs
- Omni Thread · brand it sells or installs
- Glide · brand it sells or installs
Estimated value over time
▼ 7% 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 |
|---|---|---|
| FABRIC PATCH BUILT SHOP LLC this business | $1.1M | — |
| SOUTHERN ROOTS Red Oak · 2 employees | $1.7M | 38.3 mi |
| HEIDIS WAY BOUTIQUE Pocola · 2 employees | $1.3M | 41.0 mi |
| QUALITY STITCHING LLC Broken Arrow · 4 employees | $5.3M | 52.4 mi |
| HAUTE COUTURE THRIVE BOUTIQUE Broken Arrow · 4 employees | $4.7M | 52.8 mi |
| HARPER AND GREY HOUSE LLC Mcalester · 3 employees | $3.5M | 54.9 mi |
| BEARFOOT SHOES, LLC Pryor · 3 employees | $4.3M | 54.9 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $833K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $68K |
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 | $164K |
| Multiple for this size and industry | 2.4× |
| Value range | $86K – $224K |
| Revenue range | $724K – $1.3M |
| EBITDA range | $45K – $78K |
| Industry (NAICS) | Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers (424310) |
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
- BankingLocal 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
| Local Bank PPP 2021 | All 85 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/13/2021 | first | $9K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Fabric Patch Built Shop LLC
Fabric Patch Built Shop LLC is a piece goods, notions, and other dry goods merchant wholesalers company in Gore, Oklahoma, in business since 2006. It is owned by Nick and Michelle Rosan. Its estimated annual revenue is about $1.1M, with roughly $68K of EBITDA. It has about 1 employees. Its estimated business value is $164K (likely range $86K–$224K).
Common questions
- Who owns Fabric Patch Built Shop LLC?
- Fabric Patch Built Shop LLC is owned by Nick and Michelle Rosan, according to public sources such as the company's website or filings.
- How much revenue does Fabric Patch Built Shop LLC make?
- SeeBITDA estimates Fabric Patch Built Shop LLC's annual revenue at about $1.1M (likely between $724K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fabric Patch Built Shop LLC worth?
- About $164K, roughly 2.4× its estimated EBITDA of $68K, typical for a piece goods, notions, and other dry goods merchant wholesalers company its size. Likely range: $86K–$224K.
- How many employees does Fabric Patch Built Shop LLC have?
- About 1, as reported on its PPP loan.
- When was Fabric Patch Built Shop LLC founded?
- Fabric Patch Built Shop LLC has been in business since 2006.