Hear Gear LLC
How we got $773K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 54% 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 |
|---|---|---|
| HEAR GEAR LLC this business | $4.3M | — |
| GREAT PLAINS OPTICAL Elk City · 1 employees | $574K | 0.8 mi |
| ELK CITY RX INC Elk City · 17 employees | $7.5M | 1.1 mi |
| MYOFASCIAL PAIN CLINIC LLC Elk City · 5 employees | $1.7M | 1.3 mi |
| SKINNER PHARMACIES, INC Elk City · 7 employees | $6.7M | 1.9 mi |
| MRC & SUPPLEMENTS LLC Elk City · 1 employees | $484K | 2.2 mi |
| CLINIC PHARMACY OF CORDELL, INC Cordell · 8 employees | $5.6M | 26.5 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $4.3M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $322K |
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 | $773K |
| Multiple for this size and industry | 2.4× |
| Value range | $407K – $1.1M |
| Revenue range | $2.8M – $4.9M |
| EBITDA range | $212K – $367K |
| Industry (NAICS) | Retail Trade (446199) |
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
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2020, PPP 2021 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $71K | 8 |
| 1/20/2021 | second | $71K | 10 |
About Hear Gear LLC
Hear Gear LLC is a retail trade company in Elk City, Oklahoma. Its estimated annual revenue is about $4.3M, with roughly $322K of EBITDA. It has about 10 employees. Its estimated business value is $773K (likely range $407K–$1.1M).
Common questions
- Who owns Hear Gear LLC?
- The owner of Hear Gear LLC 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 Hear Gear LLC make?
- SeeBITDA estimates Hear Gear LLC's annual revenue at about $4.3M (likely between $2.8M and $4.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hear Gear LLC worth?
- About $773K, roughly 2.4× its estimated EBITDA of $322K, typical for a retail trade company its size. Likely range: $407K–$1.1M.
- How many employees does Hear Gear LLC have?
- About 10, as reported on its PPP loan.