Gems Etc., Inc
How we got $149K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 25% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GEMS ETC., INC this business | $744K | — |
| Stage Altus | $1.5M | 0.1 mi |
| Goodwill Altus | $2.1M | 0.1 mi |
| Miracle-Ear Hearing Aid Center Altus | $2.1M | 0.1 mi |
| Taste E Vapes Altus | $2.1M | 0.1 mi |
| Cbd Plus Usa - Altus Altus | $2.1M | 0.1 mi |
| bealls Altus | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $806K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $528K |
| Estimate: the two combined (geometric mean) | $744K |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $74K |
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 | $149K |
| Multiple for this size and industry | 2× |
| Value range | $78K – $203K |
| Revenue range | $489K – $848K |
| EBITDA range | $49K – $85K |
| Industry (NAICS) | Retail Trade (453220) |
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
- BankingNBC OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| NBC Oklahoma PPP 2020 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $7K | 2 |
About Gems Etc., Inc
Gems Etc., Inc is a retail trade company in Altus, Oklahoma. Its estimated annual revenue is about $744K, with roughly $74K of EBITDA. It has about 2 employees. Its estimated business value is $149K (likely range $78K–$203K).
Common questions
- Who owns Gems Etc., Inc?
- The owner of Gems Etc., 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 Gems Etc., Inc make?
- SeeBITDA estimates Gems Etc., Inc's annual revenue at about $744K (likely between $489K and $848K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gems Etc., Inc worth?
- About $149K, roughly 2× its estimated EBITDA of $74K, typical for a retail trade company its size. Likely range: $78K–$203K.
- How many employees does Gems Etc., Inc have?
- About 2, as reported on its PPP loan.