SeeBITDAOklahoma

Gastroenterology Specialists, Inc

Estimated valueMedium confidence
$15.8M
$9.5Mlikely range$24.6M
About 6.1× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$17.7M
a year
EBITDA
$2.6M
15% of revenue
Employees
49
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $15.8M

Based on 49 employees reported for PPP in 2020, grown 8% a year since.

49 employees (PPP loan, 2020)49
× 1.63 growth (8% a year since 2020)80 today
× $222K revenue per employee (doctors & clinics)$17.7M
× 15% EBITDA margin$2.6M
× 6.1 sale multiple = value$15.8M

Own this business? Correct these figures

Estimated value over time

▲ 103% since 2020
$0$9.1M$18.1M202020212022202320242026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 24% since 2020
050100202020212022202320244961
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan49$10.9M$1.6M
2020Form 550053$11.8M$1.7M
2021Form 550049$10.9M$1.6M
2022Form 550050$11.1M$1.6M
2023Form 550055$12.2M$1.8M
2024Form 550061$13.6M$2.0M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 40 years (since 1986)

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

What they do

Gastroenterology Specialists, Inc. is a practice of physicians offering a full array of gastrointestinal procedures to treat the esophagus, stomach, intestines, liver, and pancreas. It offers digestive health care with locations in Tulsa, Owasso, and Bartlesville, Oklahoma.

Products & services
ColonoscopyUpper EndoscopyIn-Office TestingInfusion TherapyAnesthesiaCRH O'Regan System Non-Surgical Hemorrhoid TreatmentEasy Access Colon Cancer Screening
Service area
Tulsa, OKOwasso, OKBartlesville, OKBroken Arrow, OK

From the company's website. Industry: Doctors & clinics.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
GASTROENTEROLOGY SPECIALISTS, INC
this business
$17.7M$2.6M—
GSI ASC, LLC
Tulsa · 20 employees
$7.2M$1.1M0.0 mi
Roy L. Thompson, MD
Tulsa
$1.5M$328K0.1 mi
Scott E. Hendrickson, DO
Tulsa
$1.5M$328K0.1 mi
Dr. Tracey L. Lakin, MD
Tulsa
$1.5M$328K0.1 mi
Whitney A. Leonard, MD
Tulsa
$1.5M$328K0.1 mi
Jessica L. Jones, DO
Tulsa
$1.5M$328K0.1 mi

Ranges & sources

Revenue range$13.3M – $23.1M
EBITDA range$1.9M – $3.4M
Industry (NAICS)Offices of Physicians (except Mental Health Specialists) (621111)
Value range$9.5M – $24.6M

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

Founded 1986
“Established in 1986, Gastroenterology Specialists, Inc. is an independent specialty practice offering a full array of gastrointestinal treatments including colonoscopies, upper endoscopies, capsule endoscopies, infusions, medications, and dietary management.”

Advisors

  • BankingCommerce 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

Commerce Bank
PPP 2020
All 113 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/12/2020first$787K$798K49Commerce Bank

Public records

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

About Gastroenterology Specialists, Inc

Gastroenterology Specialists, Inc is a doctors & clinics company in Tulsa, Oklahoma, in business since 1986. Its estimated annual revenue is about $17.7M, with roughly $2.6M of EBITDA. It has about 61 employees. Its estimated business value is $15.8M (likely range $9.5M–$24.6M).

Common questions

Who owns Gastroenterology Specialists, Inc?
The owner of Gastroenterology Specialists, 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 Gastroenterology Specialists, Inc make?
SeeBITDA estimates Gastroenterology Specialists, Inc's annual revenue at about $17.7M (likely between $13.3M and $23.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Gastroenterology Specialists, Inc worth?
About $15.8M, roughly 6.1× its estimated EBITDA of $2.6M, typical for a doctors & clinics company its size. Likely range: $9.5M–$24.6M.
How many employees does Gastroenterology Specialists, Inc have?
About 61, from its 2024 retirement-plan filing.
When was Gastroenterology Specialists, Inc founded?
Gastroenterology Specialists, Inc has been in business since 1986.