First Rate Eye Care PLLC
How we got $265K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
What they do
First Rate Eye Care is an optometry practice in Edmond, Oklahoma, offering eye exams, contact lenses, and myopia management for patients of all ages.
From the company's website. Industry: Offices of Optometrists.
Estimated value over time
▲ 16% 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 |
|---|---|---|
| FIRST RATE EYE CARE PLLC this business | $420K | — |
| MICHELLE MERRELL PLLC Edmond · 1 employees | $294K | 0.4 mi |
| Dr Zane Riggs, DC Edmond | $1.0M | 0.9 mi |
| Dr. Matthew Brooks Edmond | $1.0M | 1.0 mi |
| INNOVATIVE EYECARE, PLLC Edmond · 11 employees | $2.1M | 1.0 mi |
| VOSKUHL PHYSICAL THERAPY, PLLC Edmond · 1 employees | $326K | 1.2 mi |
| CORNWELL CLINIC PLLC Edmond · 4 employees | $898K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $469K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $289K |
| Estimate: the two combined (geometric mean) | $420K |
| EBITDA margin (industry, adjusted for size) | 25% |
| EBITDA = revenue × margin | $106K |
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 | $265K |
| Multiple for this size and industry | 2.5× |
| Value range | $139K – $362K |
| Revenue range | $276K – $479K |
| EBITDA range | $70K – $121K |
| 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
- BankingFirst Oklahoma 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
| First Oklahoma Bank PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/11/2021 | first | $9K | 2 |
2 locations
| 1140 NW 192nd St Unit A | Edmond | This listing |
| 1225 W I- 35 Frontage Rd | Edmond | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About First Rate Eye Care PLLC
First Rate Eye Care PLLC is an offices of optometrists company in Edmond, Oklahoma, in business since 2019. Its estimated annual revenue is about $420K, with roughly $106K of EBITDA. It has about 2 employees. Its estimated business value is $265K (likely range $139K–$362K). It has 2 locations.
Common questions
- Who owns First Rate Eye Care PLLC?
- The owner of First Rate Eye Care PLLC 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 First Rate Eye Care PLLC make?
- SeeBITDA estimates First Rate Eye Care PLLC's annual revenue at about $420K (likely between $276K and $479K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Rate Eye Care PLLC worth?
- About $265K, roughly 2.5× its estimated EBITDA of $106K, typical for a offices of optometrists company its size. Likely range: $139K–$362K.
- How many employees does First Rate Eye Care PLLC have?
- About 2, as reported on its PPP loan.
- When was First Rate Eye Care PLLC founded?
- First Rate Eye Care PLLC has been in business since 2019.