Furniture Service of America
How we got $250K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 38% 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 |
|---|---|---|
| FURNITURE SERVICE OF AMERICA this business | $619K | — |
| QUALITY FURNITURE REPAIR, INC. Tulsa · 5 employees | $817K | 0.8 mi |
| PROFESSIONAL APPLIANCE & TV SERVICE INC Tulsa · 5 employees | $913K | 2.5 mi |
| AME ELECTRICAL RENOVATIONS & REPAIR LLC Tulsa · 5 employees | $1.2M | 2.7 mi |
| VISION AIR SERVICES, LLC Tulsa · 45 employees | $11.8M | 3.2 mi |
| HAC 2, LLC Tulsa · 8 employees | $1.7M | 3.2 mi |
| EQUESCOUTURE, INC Tulsa · 2 employees | $438K | 3.6 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $522K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $564K |
| Estimate: the two combined (geometric mean) | $619K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $100K |
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 | $250K |
| Multiple for this size and industry | 2.5× |
| Value range | $132K – $342K |
| Revenue range | $407K – $706K |
| EBITDA range | $66K – $114K |
| Industry (NAICS) | Reupholstery and Furniture Repair (811420) |
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
People & advisors
Advisors
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 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 | $19K | 3 |
| 1/28/2021 | second | $21K | 3 |
About Furniture Service of America
Furniture Service of America is a reupholstery and furniture repair company in Tulsa, Oklahoma. Its estimated annual revenue is about $619K, with roughly $100K of EBITDA. It has about 3 employees. Its estimated business value is $250K (likely range $132K–$342K).
Common questions
- Who owns Furniture Service of America?
- The owner of Furniture Service of America 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 Furniture Service of America make?
- SeeBITDA estimates Furniture Service of America's annual revenue at about $619K (likely between $407K and $706K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Furniture Service of America worth?
- About $250K, roughly 2.5× its estimated EBITDA of $100K, typical for a reupholstery and furniture repair company its size. Likely range: $132K–$342K.
- How many employees does Furniture Service of America have?
- About 3, as reported on its PPP loan.