Gem Jewelers of Ada, Inc
How we got $602K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 15% 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.
What we know
Signs of a sale Some signs of a sale
- In business 85 years (since 1941)
From public records and the company's website, not a statement that it's for sale.
What they do
Gem Jewelers of Ada is a jewelry business in Ada, Oklahoma, described on its homepage as a trusted source for diamond and gemstone jewelry since 1941.
From the company's website. Industry: Retail Trade.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GEM JEWELERS OF ADA, INC this business | $2.6M | — |
| THE DIAMOND SHOP INC Ada · 6 employees | $2.5M | 0.1 mi |
| O'NEAL'S JEWELERS 'THE DIAMOND STORE' INC. Pauls Valley · 3 employees | $1.9M | 30.7 mi |
| ELLS JEWELRY INC Shawnee · 4 employees | $2.9M | 42.6 mi |
| SYLVIA MORALES Purcell · 1 employees | $334K | 42.8 mi |
| SNOW DIAMONDS LLC Shawnee · 1 employees | $397K | 43.6 mi |
| AMERICAN SOUTHWEST INC. Ardmore · 3 employees | $999K | 48.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $251K |
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 | $602K |
| Multiple for this size and industry | 2.4× |
| Value range | $317K – $824K |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $165K – $286K |
| Industry (NAICS) | Retail Trade (448310) |
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
Advisors
- BankingVision 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
| Vision Bank PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $31K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gem Jewelers of Ada, Inc
Gem Jewelers of Ada, Inc is a retail trade company in Ada, Oklahoma, in business since 1941. Its estimated annual revenue is about $2.6M, with roughly $251K of EBITDA. It has about 6 employees. Its estimated business value is $602K (likely range $317K–$824K).
Common questions
- Who owns Gem Jewelers of Ada, Inc?
- The owner of Gem Jewelers of Ada, 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 Gem Jewelers of Ada, Inc make?
- SeeBITDA estimates Gem Jewelers of Ada, Inc's annual revenue at about $2.6M (likely between $1.7M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gem Jewelers of Ada, Inc worth?
- About $602K, roughly 2.4× its estimated EBITDA of $251K, typical for a retail trade company its size. Likely range: $317K–$824K.
- How many employees does Gem Jewelers of Ada, Inc have?
- About 6, as reported on its PPP loan.
- When was Gem Jewelers of Ada, Inc founded?
- Gem Jewelers of Ada, Inc has been in business since 1941.