SeeBITDAOklahoma

Gardner's Used Books Inc

Retail Trade
Estimated valueMedium confidence
$1.8M
$921Klikely range$2.4M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$5.8M
a year
Profit (EBITDA)
$584K
10% of revenue
Employees
20
reported in 2020
Leadership
Richard Gardner
Founder · source · confirmed by 2 sources
Likely to sell

How we got $1.8M

Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.

20 employees × $282K each$5.6M
PPP payroll ÷ payroll's usual share of revenue$4.5M
Shown toward the top of its range×1.14
Revenue$5.8M
× 10% profit margin$584K
× 3 sale multiple = value$1.8M

· Own this business? Correct these figures

Estimated value over time

▲ 22% since 2020
$0$1.0M$2.0M20202026

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
Company website
Owner named

Signs of a sale Likely to sell

  • In business 35 years (since 1991)
  • Founder still runs it after 35 years
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Gardner's Used Books & Music is a used bookstore in Tulsa, Oklahoma that buys, sells and trades books, DVDs, video games, vinyl records and other media. It serves browsing shoppers and sellers of used media.

Products & services
BooksDVDsVideo GamesVinyl RecordsAudio booksComicsCDs/recordsCollectiblesTrade credit
Service area
OklahomaTulsasurrounding region

From the company's website. Industry: Retail Trade.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
GARDNER'S USED BOOKS INC
this business
$5.8M$584K—
IMPULSE CREATIONS, INC.
Tulsa · 5 employees
$1.4M$169K2.0 mi
WIZARDS ASYLUM LLC
Tulsa · 4 employees
$1.1M$135K2.7 mi
JCB OF TULSA, INC
Tulsa · 5 employees
$892K$110K3.3 mi
THE FREEMOUNT CORPORATION
Tulsa · 3 employees
$841K$103K5.1 mi
GRACE AND TRUTH BOOKS INC
Sand Springs · 4 employees
$1.0M$126K13.8 mi

The full calculation

Employees reported to the SBA20
Revenue from headcount (employees × revenue per employee for companies this size)$5.6M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$4.5M
Estimate: the two combined (geometric mean)$5.8M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$584K

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$1.8M
Multiple for this size and industry3×
Value range$921K – $2.4M
Revenue range$3.8M – $6.6M
EBITDA range$384K – $665K
Industry (NAICS)Retail Trade (451211)

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

History & advisors

Founded 1991 by Richard Gardner

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020
All 7,048 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
6/8/2020first$88K$89K20BancFirst

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Gardner's Used Books Inc

Gardner's Used Books Inc is a retail trade company in Tulsa, Oklahoma, in business since 1991. It is owned by Richard Gardner (Founder). Its estimated annual revenue is about $5.8M, with roughly $584K of EBITDA. It has about 20 employees. Its estimated business value is $1.8M (likely range $921K–$2.4M).

Common questions

Who owns Gardner's Used Books Inc?
Gardner's Used Books Inc is owned by Richard Gardner (Founder), according to public sources such as the company's website or filings.
How much revenue does Gardner's Used Books Inc make?
SeeBITDA estimates Gardner's Used Books Inc's annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Gardner's Used Books Inc worth?
About $1.8M, roughly 3× its estimated EBITDA of $584K, typical for a retail trade company its size. Likely range: $921K–$2.4M.
How many employees does Gardner's Used Books Inc have?
About 20, as reported on its PPP loan.
When was Gardner's Used Books Inc founded?
Gardner's Used Books Inc has been in business since 1991.
Is Gardner's Used Books Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 35 years (since 1991); founder still runs it after 35 years; no family successor named on its website.