Ghost, Inc.
- Anthony TaylorPrincipal · Company website
- Jennifer CombsChief Operating Officer · Company website
- Matthew PickettChief Creative Officer · Company website
- Bethany ScottSenior Account Director · Company website
- Nick RobinsonDirector of Web Development · Company website
How we got $2.5M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 20% 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 22 years (since 2004)
- Founder still runs it after 22 years
From public records and the company's website, not a statement that it's for sale.
What they do
Ghost is a branding, marketing, web and video firm in Oklahoma City that helps businesses stand out, win new customers and grow.
From the company's website. Industry: Graphic Design Services.
Customers & suppliers
Customers
- Bishop McGuinness · named on its website
- Art Around OKC · named on its website
- 405 Center · named on its website
- Topeca Coffee Roasters · named on its website
- Lippert Bros. 100th Anniversary · named on its website
- Comma® Insurance · named on its website
- Stride Bank · named on its website
- Native Summit · named on its website
- Derby · named on its website
- Millhouse Hahn · named on its website
- Youth Now · named on its website
- Argon · named on its website
- Cloud 9 Perception · named on its website
- The Well · named on its website
- Scout · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GHOST, INC. this business | $3.6M | — |
| Miller Architecture | Development Oklahoma City | $1.0M | 0.1 mi |
| Quantus Agency Oklahoma City | $1.0M | 0.2 mi |
| Forge Media Oklahoma City | $1.0M | 0.2 mi |
| Cooper House Oklahoma City | $1.1M | 0.2 mi |
| Hester Designs Llc Oklahoma City | $1.0M | 0.3 mi |
| YZER INC Oklahoma City · 11 employees | $3.4M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 11 |
| 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) | $4.4M |
| Estimate: the two combined (geometric mean) | $3.6M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $647K |
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 | $2.5M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.3M – $3.4M |
| Revenue range | $2.4M – $4.1M |
| EBITDA range | $426K – $738K |
| Industry (NAICS) | Graphic Design Services (541430) |
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
“Since opening in 2004, we’ve built incredible relationships with the best talent, suppliers, and clients in any market.”
Advisors
- BankingFirst Fidelity 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
| First Fidelity Bank PPP 2020, PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $182K | 10 |
| 1/20/2021 | second | $174K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ghost, Inc.
Ghost, Inc. is a graphic design services company in Oklahoma City, Oklahoma, in business since 2004. It is owned by Brian Barnes (Founder and Principal). Its estimated annual revenue is about $3.6M, with roughly $647K of EBITDA. It has about 11 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M).
Common questions
- Who owns Ghost, Inc.?
- Ghost, Inc. is owned by Brian Barnes (Founder and Principal), according to public sources such as the company's website or filings.
- How much revenue does Ghost, Inc. make?
- SeeBITDA estimates Ghost, 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 Ghost, Inc. worth?
- About $2.5M, roughly 3.8× its estimated EBITDA of $647K, typical for a graphic design services company its size. Likely range: $1.3M–$3.4M.
- How many employees does Ghost, Inc. have?
- About 11, as reported on its PPP loan.
- When was Ghost, Inc. founded?
- Ghost, Inc. has been in business since 2004.