SeeBITDAOklahoma

Grove Dental Associates

  • 57 Heffelman Drive, Grove, OK
  • Since 1996
  • Family-owned
  • NAICS 621210
Estimated valueMedium confidence
$7.6M
$4.0Mlikely range$10.4M
About 5.4× its yearly profit, typical for a company this size in its industry.
Revenue
$9.0M
a year
Profit (EBITDA)
$1.4M
16% of revenue
Employees
35
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $7.6M

Based on its 35 employees and its payroll, both reported for PPP in 2020 and brought up to date.

35 employees × $226K each$7.9M
PPP payroll ÷ payroll's usual share of revenue$7.9M
Shown toward the top of its range×1.14
Revenue$9.0M
× 16% profit margin$1.4M
× 5.4 sale multiple = value$7.6M

· Own this business? Correct these figures

Estimated value over time

▲ 31% since 2020
$0$4.4M$8.8M20202026

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

0255020203537
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan35$5.5M$865K
2020Form 550037$5.8M$914K

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, 2020
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 30 years (since 1996)

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

What they do

Grove Dental Associates is a dental practice in Grove, OK that offers comprehensive dentistry for all ages, including general, cosmetic, restorative, orthodontic, pediatric, periodontal and sleep disorder care.

Products & services
WellnessPeriodontics & Gum HealthSleep Disorder TreatmentOrthodonticsInvisalignTraditional BracesPediatric DentistrySedation DentistryLASER DENTISTRYRestorationDental ImplantsVeneers
Markets served
all ageschildrenadults
Service area
Grove, OKGrove, Oklahoma areaJoplin, MO

From the company's website. Industry: Dentists.

Customers & suppliers

Suppliers & brands

  • 3D Galileos x-ray · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
GROVE DENTAL ASSOCIATES
this business
$9.0M$1.4M—
RICK MILLER'S DDS INC
Grove · 2 employees
$835K$180K0.0 mi
STAN CRAWFORD DDS INC.
Grove · 2 employees
$726K$156K0.0 mi
KARL JOBST, PC,
Grove · 16 employees
$3.4M$668K0.4 mi
LAKEHAVEN DENTAL PC
Grove · 11 employees
$2.7M$531K1.4 mi
Affordent of Grove
Grove
$1.9M$364K3.7 mi
Trent's Dents
Grove
$1.9M$364K4.3 mi

The full calculation

Employees reported to the SBA35
Revenue from headcount (employees × revenue per employee for companies this size)$7.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$7.9M
Estimate: the two combined (geometric mean)$9.0M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$1.4M

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$7.6M
Multiple for this size and industry5.4×
Value range$4.0M – $10.4M
Revenue range$5.9M – $10.3M
EBITDA range$929K – $1.6M
Industry (NAICS)Offices of Dentists (621210)

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 1996Family-owned
“After much prayer and planning, the Millers and Crawfords decided to merge practices in 1996, add on to the facility at 2209 S. Main, and form what is now known as Grove Dental Associates.”

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, PPP 2021
All 5,114 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$376K$378K35Arvest Bank
1/22/2021second$376K$378K35Arvest Bank

Public records

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

About Grove Dental Associates

Grove Dental Associates is a family-owned dentists company in Grove, Oklahoma, in business since 1996. Its estimated annual revenue is about $9.0M, with roughly $1.4M of EBITDA. It has about 37 employees. Its estimated business value is $7.6M (likely range $4.0M–$10.4M).

Common questions

Who owns Grove Dental Associates?
The owner of Grove Dental Associates 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 Grove Dental Associates make?
SeeBITDA estimates Grove Dental Associates's annual revenue at about $9.0M (likely between $5.9M and $10.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Grove Dental Associates worth?
About $7.6M, roughly 5.4× its estimated EBITDA of $1.4M, typical for a dentists company its size. Likely range: $4.0M–$10.4M.
How many employees does Grove Dental Associates have?
About 37, from its 2020 retirement-plan filing.
When was Grove Dental Associates founded?
Grove Dental Associates has been in business since 1996.