Friesen Design Inc
How we got $355K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 20% 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.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Friesen Design is a creative branding firm that applies design thinking to brand marketing problems for organizations. It offers corporate, school, community and product branding, with a team of professional designers.
From the company's website. Industry: Graphic Design Services.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SOUTHERN NAZARENE UNIVERSITY · Bethany, 63 mi · $72.1M
- OKLAHOMA CHRISTIAN UNIVERSITY, INC. - NONPROFIT (NO BUSINESS · Oklahoma City, 59 mi · $68.1M
- DOVE SCHOOLS INC. · Oklahoma City, 61 mi · $44.0M
- CASADY SCHOOL INC. · Oklahoma City, 60 mi · $34.1M
- HERITAGE HALL · Oklahoma City, 59 mi · $28.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FRIESEN DESIGN INC this business | $610K | — |
| Eagle Marketing Enid | $1.0M | 0.4 mi |
| UNIQUE DESIGNS STUDIO & MORE Enid · 4 employees | $1.8M | 1.1 mi |
| Trade Mark Signs Inc Enid | $1.0M | 1.3 mi |
| Rae Creative Studio Enid | $1.0M | 2.3 mi |
| TK Print Designs Enid | $1.0M | 3.5 mi |
| TOUCHDOWN GRAPHICS, LLC Pond Creek · 2 employees | $325K | 19.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $447K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $641K |
| Estimate: the two combined (geometric mean) | $610K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $142K |
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 | $355K |
| Multiple for this size and industry | 2.5× |
| Value range | $187K – $485K |
| Revenue range | $401K – $695K |
| EBITDA range | $93K – $162K |
| Industry (NAICS) | Graphic Design Services (541430) |
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
Advisors
- BankingStride 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
| Stride Bank, National Association PPP 2020 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $19K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Friesen Design Inc
Friesen Design Inc is a graphic design services company in Enid, Oklahoma, in business since 2001. It is owned by Kevin Friesen. Its estimated annual revenue is about $610K, with roughly $142K of EBITDA. It has about 2 employees. Its estimated business value is $355K (likely range $187K–$485K).
Common questions
- Who owns Friesen Design Inc?
- Friesen Design Inc is owned by Kevin Friesen, according to public sources such as the company's website or filings.
- How much revenue does Friesen Design Inc make?
- SeeBITDA estimates Friesen Design Inc's annual revenue at about $610K (likely between $401K and $695K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Friesen Design Inc worth?
- About $355K, roughly 2.5× its estimated EBITDA of $142K, typical for a graphic design services company its size. Likely range: $187K–$485K.
- How many employees does Friesen Design Inc have?
- About 2, as reported on its PPP loan.
- When was Friesen Design Inc founded?
- Friesen Design Inc has been in business since 2001.