Gardners Used Books Inc.
How we got $785K
Based on its 19 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 19% since 2021Today'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 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.
From the company's website. Industry: Used Merchandise Retailers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GARDNERS USED BOOKS INC. this business | $2.9M | — |
| Consignment Furniture Broken Arrow | $12.1M | 6.1 mi |
| Children's Medical Charities Tulsa | $182K | 6.7 mi |
| Goodwill Broken Arrow | $2.1M | 8.3 mi |
| FTW Game Co. Claremore | $3.9M | 20.2 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $327K |
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 | $785K |
| Multiple for this size and industry | 2.4× |
| Value range | $413K – $1.1M |
| Revenue range | $1.9M – $3.4M |
| EBITDA range | $215K – $373K |
| Industry (NAICS) | Used Merchandise Retailers (459510) |
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
- 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 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/25/2021 | second | $88K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gardners Used Books Inc.
Gardners Used Books Inc. is an used merchandise retailers company in Tulsa, Oklahoma, in business since 1991. It is owned by Richard Gardner (Founder). Its estimated annual revenue is about $2.9M, with roughly $327K of EBITDA. It has about 19 employees. Its estimated business value is $785K (likely range $413K–$1.1M).
Common questions
- Who owns Gardners Used Books Inc.?
- Gardners 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 Gardners Used Books Inc. make?
- SeeBITDA estimates Gardners Used Books Inc.'s annual revenue at about $2.9M (likely between $1.9M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gardners Used Books Inc. worth?
- About $785K, roughly 2.4× its estimated EBITDA of $327K, typical for a used merchandise retailers company its size. Likely range: $413K–$1.1M.
- How many employees does Gardners Used Books Inc. have?
- About 19, as reported on its PPP loan.
- When was Gardners Used Books Inc. founded?
- Gardners Used Books Inc. has been in business since 1991.
- Is Gardners 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.