Franks Underwater Sports Inc
How we got $335K
Based on its 2 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 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Franks Underwater Sports is a dive shop in Edmond, Oklahoma that offers scuba classes, dive travel, gear sales, rentals, and service and repair for divers.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Aqualung · brand it sells or installs
- Henderson · brand it sells or installs
- Go Pro · brand it sells or installs
- Shearwater · brand it sells or installs
Estimated value over time
▲ 32% 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 |
|---|---|---|
| FRANKS UNDERWATER SPORTS INC this business | $1.4M | — |
| EDMOND MUSIC INC Edmond · 43 employees | $21.0M | 0.2 mi |
| H SQUARED, LLC Edmond · 5 employees | $2.4M | 0.4 mi |
| GZ LURES BIG GAME SUPPLY LLC Edmond · 1 employees | $450K | 2.0 mi |
| EDMOND GOLF Edmond · 2 employees | $1.6M | 2.5 mi |
| MCBRIDE & ASSOCIATES, P.C. Edmond · 4 employees | $3.0M | 3.0 mi |
| J&J HOBBIES, LLC Edmond · 3 employees | $1.2M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $167K |
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 | $335K |
| Multiple for this size and industry | 2× |
| Value range | $176K – $458K |
| Revenue range | $895K – $1.6M |
| EBITDA range | $110K – $191K |
| Industry (NAICS) | Retail Trade (451110) |
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: approximate sector default. 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
- BankingJPMorgan Chase Bank, National AssociationPPP / 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
| JPMorgan Chase Bank, National Association PPP 2020, PPP 2021 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $11K | 2 |
| 5/1/2021 | second | $13K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Franks Underwater Sports Inc
Franks Underwater Sports Inc is a retail trade company in Edmond, Oklahoma, in business since 2002. Its estimated annual revenue is about $1.4M, with roughly $167K of EBITDA. It has about 2 employees. Its estimated business value is $335K (likely range $176K–$458K).
Common questions
- Who owns Franks Underwater Sports Inc?
- The owner of Franks Underwater Sports Inc 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 Franks Underwater Sports Inc make?
- SeeBITDA estimates Franks Underwater Sports Inc's annual revenue at about $1.4M (likely between $895K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Franks Underwater Sports Inc worth?
- About $335K, roughly 2× its estimated EBITDA of $167K, typical for a retail trade company its size. Likely range: $176K–$458K.
- How many employees does Franks Underwater Sports Inc have?
- About 2, as reported on its PPP loan.
- When was Franks Underwater Sports Inc founded?
- Franks Underwater Sports Inc has been in business since 2002.