Grant's Frames, Inc.
- Kayela HutchingsFramer · Company website
- Laura Ogden, CPFPhotographer, Artist, Framer · Company website
How we got $423K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 37 years (since 1989)
- Founder still runs it after 37 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Grant's Frames is a Tulsa picture framing business, operating since 1994, that custom builds frames and displays and offers photo restoration, printing and engraving services.
From the company's website. Industry: Sign Manufacturing.
Customers & suppliers
Suppliers & brands
- Canon · brand it sells or installs
Estimated value over time
▲ 7% 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 |
|---|---|---|
| GRANT'S FRAMES, INC. this business | $828K | — |
| TULSA GOLD AND GEMS INC Tulsa · 9 employees | $4.0M | 1.5 mi |
| KHEZRI BROTHERS, INC Tulsa · 29 employees | $5.7M | 2.9 mi |
| BIG SHOT LLC Tulsa · 3 employees | $1.3M | 3.0 mi |
| ENCINOS 3D CUSTOM PRODUCTS LLC Tulsa · 23 employees | $5.1M | 3.0 mi |
| Encinos Signs Tulsa | $1.0M | 3.1 mi |
| GARNETT CORPORATION Broken Arrow · 7 employees | $2.9M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $747K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $706K |
| Estimate: the two combined (geometric mean) | $828K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $163K |
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 | $423K |
| Multiple for this size and industry | 2.6× |
| Value range | $223K – $579K |
| Revenue range | $545K – $944K |
| EBITDA range | $107K – $185K |
| Industry (NAICS) | Sign Manufacturing (339950) |
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
“It all started when Grant Denny founded Grant's Frames in 1989 in Fayetteville, North Carolina while in the Army.”
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $29K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Grant's Frames, Inc.
Grant's Frames, Inc. is a sign manufacturing company in Tulsa, Oklahoma, in business since 1989. It is owned by Grant Denny. Its estimated annual revenue is about $828K, with roughly $163K of EBITDA. It has about 4 employees. Its estimated business value is $423K (likely range $223K–$579K).
Common questions
- Who owns Grant's Frames, Inc.?
- Grant's Frames, Inc. is owned by Grant Denny, according to public sources such as the company's website or filings.
- How much revenue does Grant's Frames, Inc. make?
- SeeBITDA estimates Grant's Frames, Inc.'s annual revenue at about $828K (likely between $545K and $944K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Grant's Frames, Inc. worth?
- About $423K, roughly 2.6× its estimated EBITDA of $163K, typical for a sign manufacturing company its size. Likely range: $223K–$579K.
- How many employees does Grant's Frames, Inc. have?
- About 4, as reported on its PPP loan.
- When was Grant's Frames, Inc. founded?
- Grant's Frames, Inc. has been in business since 1989.
- Is Grant's Frames, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 37 years (since 1989); founder still runs it after 37 years; no family successor named on its website.