SeeBITDAOklahoma

Formations Institute of Cosmetology & Barbering , LLC

Cosmetology and barber schools
Estimated valueMedium confidence
$436K
$230Klikely range$597K
About 2.6× its yearly profit, typical for a company this size in its industry.
Revenue
$688K
a year
Profit (EBITDA)
$168K
24% of revenue
Employees
5
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $436K

Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.

5 employees × $127K each$634K
PPP payroll ÷ payroll's usual share of revenue$575K
Shown toward the top of its range×1.14
Revenue$688K
× 24% profit margin$168K
× 2.6 sale multiple = value$436K

· Own this business? Correct these figures

Estimated value over time

▲ 25% since 2020
$0$251K$502K20202026

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
No website found
Owner not found

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
FORMATIONS INSTITUTE OF COSMETOLOGY & BARBERING , LLC
this business
$688K$168K—
WOODWARD CHRISTIAN ACADEMY
Woodward · 16 employees
$699K$145K0.8 mi
FREE SPIRIT COOPERATIVE PRESCHOOL
Woodward · 3 employees
$472K$115K0.8 mi
Diva School of Dance
Woodward
$793K$187K1.3 mi
DALE ORTEGA
Woodward · 1 employees
$125K$30K1.6 mi
Fike School of Karate and Martial Arts
Woodward
$793K$187K1.8 mi
ALL STARS GYMNASTICS, CHEER & DANCE
Shattuck · 5 employees
$313K$76K28.5 mi

The full calculation

Employees reported to the SBA5
Revenue from headcount (employees × revenue per employee for companies this size)$634K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$575K
Estimate: the two combined (geometric mean)$688K
EBITDA margin (industry, adjusted for size)24%
EBITDA = revenue × margin$168K

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$436K
Multiple for this size and industry2.6×
Value range$230K – $597K
Revenue range$453K – $785K
EBITDA range$110K – $191K
Industry (NAICS)Cosmetology and barber schools (611511)

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Advisors

  • BankingBank 7PPP / 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

Bank 7
PPP 2020
All 400 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$24K$24K5Bank 7

About Formations Institute of Cosmetology & Barbering , LLC

Formations Institute of Cosmetology & Barbering , LLC is a cosmetology and barber schools company in Woodward, Oklahoma. Its estimated annual revenue is about $688K, with roughly $168K of EBITDA. It has about 5 employees. Its estimated business value is $436K (likely range $230K–$597K).

Common questions

Who owns Formations Institute of Cosmetology & Barbering , LLC?
The owner of Formations Institute of Cosmetology & Barbering , LLC 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 Formations Institute of Cosmetology & Barbering , LLC make?
SeeBITDA estimates Formations Institute of Cosmetology & Barbering , LLC's annual revenue at about $688K (likely between $453K and $785K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Formations Institute of Cosmetology & Barbering , LLC worth?
About $436K, roughly 2.6× its estimated EBITDA of $168K, typical for a cosmetology and barber schools company its size. Likely range: $230K–$597K.
How many employees does Formations Institute of Cosmetology & Barbering , LLC have?
About 5, as reported on its PPP loan.