SeeBITDAOklahoma

Guthrie Vision Source PC Inc.

Offices of Optometrists
  • 110 E Harrison Ave, Guthrie, OK
  • 2 locations
  • Since 1989
Estimated valueMedium confidence
$4.9M
$2.6Mlikely range$6.7M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$5.6M
a year
Profit (EBITDA)
$1.1M
19% of revenue
Employees
25
reported in 2021
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $4.9M

Based on its 25 employees and its payroll, both reported for PPP in 2021 and brought up to date.

25 employees × $176K each$4.4M
PPP payroll ÷ payroll's usual share of revenue$5.5M
Shown toward the top of its range×1.14
Revenue$5.6M
× 19% profit margin$1.1M
× 4.5 sale multiple = value$4.9M

· Own this business? Correct these figures

What we know

PPP loan, 2021
No 401(k) filing
No reported financials
Company website
Owner not found
2 locations found

Signs of a sale Some signs of a sale

  • In business 37 years (since 1989)

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

What they do

Guthrie Vision Source is an optometry practice offering comprehensive eye care, contact lens and specialty services, and eyewear frames and lenses to Guthrie and the surrounding communities.

Products & services
Comprehensive Eye ExamsContact Lens ExamsSurgical Co-ManagementGlaucomaMacular DegenerationScleral LensesDry Eye ServicesMyopia ManagementNeurolensEmergency Eye CareMedical Eye ExamsFrames We Carry
Markets served
Pediatric eye care
Service area
Guthrie, OKGuthrie and the surrounding communities

From the company's website. Industry: Offices of Optometrists.

Customers & suppliers

Suppliers & brands

  • Neurolens · brand it sells or installs

Estimated value over time

▲ 16% since 2021
$0$2.8M$5.7M20212026

Today'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

BusinessEst. revenueEst. profitDistance
GUTHRIE VISION SOURCE PC INC.
this business
$5.6M$1.1M—
Katie Pfortmiller
Guthrie
$1.0M$216K0.0 mi
Physical Therapy Central
Guthrie
$1.0M$216K0.0 mi
Deep Roots Wellness
Guthrie
$1.0M$216K0.1 mi
SERENITY COUNSELING SERVICES
Guthrie · 1 employees
$113K$29K0.2 mi
Dr. Lacey Family Chiropractic
Guthrie
$1.0M$216K0.2 mi
ARETE CONSULTING SERVICES, LLC
Guthrie · 1 employees
$454K$114K0.4 mi

The full calculation

Employees reported to the SBA25
Revenue from headcount (employees × revenue per employee for companies this size)$4.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$5.5M
Estimate: the two combined (geometric mean)$5.6M
EBITDA margin (industry, adjusted for size)19%
EBITDA = revenue × margin$1.1M

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$4.9M
Multiple for this size and industry4.5×
Value range$2.6M – $6.7M
Revenue range$3.7M – $6.4M
EBITDA range$719K – $1.2M
Industry (NAICS)Offices of Optometrists (621320)

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

People & advisors

Founded 1989
“Since 1989, Guthrie Vision Source has been the leader and preferred provider of quality vision care products and personalized optometric services to our patients in Guthrie and the surrounding areas.”

Leadership

  • DM
    Dr. Michael E. Bennett
    Optometrist · Company website · source
  • DB
    Dr. Brian A. Padgham
    Optometrist · Company website · source
  • DT
    Dr. Terri Steddum
    Optometrist · Company website · source

Advisors

  • BankingF & M 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

F & M Bank
PPP 2021
All 379 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
1/22/2021second$109K$110K12F & M Bank

2 locations

110 E Harrison AveGuthrieThis listing
110 E HarrisonGuthrieView

Revenue, profit and value are for the whole company.

Public records

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

About Guthrie Vision Source PC Inc.

Guthrie Vision Source PC Inc. is an offices of optometrists company in Guthrie, Oklahoma, in business since 1989. Its estimated annual revenue is about $5.6M, with roughly $1.1M of EBITDA. It has about 25 employees. Its estimated business value is $4.9M (likely range $2.6M–$6.7M). It has 2 locations.

Common questions

Who owns Guthrie Vision Source PC Inc.?
The owner of Guthrie Vision Source PC 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 Guthrie Vision Source PC Inc. make?
SeeBITDA estimates Guthrie Vision Source PC Inc.'s annual revenue at about $5.6M (likely between $3.7M and $6.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Guthrie Vision Source PC Inc. worth?
About $4.9M, roughly 4.5× its estimated EBITDA of $1.1M, typical for a offices of optometrists company its size. Likely range: $2.6M–$6.7M.
How many employees does Guthrie Vision Source PC Inc. have?
About 25, as reported on its PPP loan.
When was Guthrie Vision Source PC Inc. founded?
Guthrie Vision Source PC Inc. has been in business since 1989.