Garfield Furniture Inc
How we got $646K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 10% 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 |
|---|---|---|
| GARFIELD FURNITURE INC this business | $3.6M | — |
| BEDS UNLIMITED FURNITURE & MORE INC Enid · 4 employees | $2.6M | 3.2 mi |
| BBC, INC Perry · 5 employees | $1.7M | 32.8 mi |
| FENTON OFFICE SUPPLY CO Stillwater · 12 employees | $6.8M | 49.0 mi |
| DAVIS FURNITURE AND APPLIANCE, LLC Ponca City · 5 employees | $1.6M | 49.0 mi |
| MATTRESS BARN LLC Stillwater · 2 employees | $822K | 49.6 mi |
| G&G HOME FURNISHING LLC Alva · 3 employees | $1.6M | 51.4 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $3.6M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $269K |
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 | $646K |
| Multiple for this size and industry | 2.4× |
| Value range | $340K – $884K |
| Revenue range | $2.4M – $4.1M |
| EBITDA range | $177K – $307K |
| Industry (NAICS) | Retail Trade (442110) |
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
- 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/10/2020 | first | $60K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Garfield Furniture Inc
Garfield Furniture Inc is a retail trade company in Enid, Oklahoma, in business since 1999. Its estimated annual revenue is about $3.6M, with roughly $269K of EBITDA. It has about 7 employees. Its estimated business value is $646K (likely range $340K–$884K).
Common questions
- Who owns Garfield Furniture Inc?
- The owner of Garfield Furniture 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 Garfield Furniture Inc make?
- SeeBITDA estimates Garfield Furniture Inc's annual revenue at about $3.6M (likely between $2.4M and $4.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Garfield Furniture Inc worth?
- About $646K, roughly 2.4× its estimated EBITDA of $269K, typical for a retail trade company its size. Likely range: $340K–$884K.
- How many employees does Garfield Furniture Inc have?
- About 7, as reported on its PPP loan.
- When was Garfield Furniture Inc founded?
- Garfield Furniture Inc has been in business since 1999.