Hard Flips
How we got $690K
Based on its 11 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
What they do
Hard Flips Smoke Shop is a Tulsa, Oklahoma shop selling tobacco products and accessories, body jewelry, pet supplies, and apparel, both in store and online.
From the company's website. Industry: Retail Trade.
Estimated value over time
▲ 90% since 2021Today'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 |
|---|---|---|
| HARD FLIPS this business | $3.5M | — |
| JDB INVESTMENTS, INC Tulsa · 9 employees | $3.8M | 0.9 mi |
| SAAJEE WIGS BOUTIQUE LLC Tulsa · 3 employees | $2.2M | 0.9 mi |
| D E ZIEGLER ART CRAFT SUPPLY Tulsa · 16 employees | $8.0M | 1.3 mi |
| URBAN KICKS AND THINGS BY DANE Tulsa · 1 employees | $1.1M | 1.5 mi |
| ADORN DESIGNS, LLC Tulsa · 3 employees | $1.4M | 1.7 mi |
| SAM'S LUCKY MART, INC. Tulsa · 3 employees | $1.4M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $287K |
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 | $690K |
| Multiple for this size and industry | 2.4× |
| Value range | $363K – $944K |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $189K – $328K |
| Industry (NAICS) | Retail Trade (453991) |
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
- BankingItria Ventures LLCPPP / 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 Roles are as stated there and may be out of date.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
| Itria Ventures LLC PPP 2021 | All 196 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2021 | first | $32K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hard Flips
Hard Flips is a retail trade company in Tulsa, Oklahoma, in business since 2020. Its estimated annual revenue is about $3.5M, with roughly $287K of EBITDA. It has about 11 employees. Its estimated business value is $690K (likely range $363K–$944K).
Common questions
- Who owns Hard Flips?
- The owner of Hard Flips 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 Hard Flips make?
- SeeBITDA estimates Hard Flips's annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hard Flips worth?
- About $690K, roughly 2.4× its estimated EBITDA of $287K, typical for a retail trade company its size. Likely range: $363K–$944K.
- How many employees does Hard Flips have?
- About 11, as reported on its PPP loan.
- When was Hard Flips founded?
- Hard Flips has been in business since 2020.