Hearing Solution Centers Inc
How we got $1.5M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 35 years (since 1991)
From public records and the company's website, not a statement that it's for sale.
What they do
Hearing Solution Centers is a hearing aid center in Tulsa, Oklahoma that offers hearing tests, hearing aids, and related hearing care services to patients.
From the company's website. Industry: Electromedical and Electrotherapeutic Apparatus Manufacturing.
Customers & suppliers
Suppliers & brands
- Starkey Hearing Technologies · brand it sells or installs
- Hunter Hearing Protection · brand it sells or installs
- Drum World · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BIOS COMPANIES INC. · Sapulpa, 15 mi · $71.0M
- PHOENIX HEALTHCARE LLC · Tulsa, 5 mi · $68.0M
- BIOS CORPORATION · Sapulpa, 12 mi · $40.4M
- INDEPENDENT OPPORTUNITIES INC · Tulsa, 3 mi · $39.7M
- OKLAHOMA METHODIST MANOR, INC · Tulsa, 4 mi · $36.6M
Estimated value over time
▲ 32% 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 |
|---|---|---|
| HEARING SOLUTION CENTERS INC this business | $4.0M | — |
| MEASUREMENT SOLUTIONS, INC. Tulsa · 5 employees | $2.3M | 0.9 mi |
| ADVANTAGE DIAGNOSTIC & MRT LLC Tulsa · 8 employees | $5.0M | 2.3 mi |
| AC SYSTEMS INTEGRATION, INC. Tulsa · 24 employees | $13.8M | 2.7 mi |
| EASTECH FLOW CONTROLS, INC Tulsa · 10 employees | $4.4M | 2.7 mi |
| CHEROKEE MEASUREMENT & CONTROL, LLC Tulsa · 36 employees | $22.6M | 3.3 mi |
| BONAVISTA TECHNOLOGIES, INC. Tulsa · 12 employees | $6.8M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $4.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $453K |
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 | $1.5M |
| Multiple for this size and industry | 3.2× |
| Value range | $764K – $2.0M |
| Revenue range | $2.6M – $4.5M |
| EBITDA range | $298K – $517K |
| Industry (NAICS) | Electromedical and Electrotherapeutic Apparatus Manufacturing (334510) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Hearing Solution Centers has been helping people improve the quality of their lives in Tulsa, OK & surrounding areas since 1991.”
Advisors
- BankingRegent 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
| Regent Bank PPP 2020, PPP 2021 | All 726 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $60K | 7 |
| 1/20/2021 | second | $55K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hearing Solution Centers Inc
Hearing Solution Centers Inc is an electromedical and electrotherapeutic apparatus manufacturing company in Tulsa, Oklahoma, in business since 1991. It is owned by Scott Young. Its estimated annual revenue is about $4.0M, with roughly $453K of EBITDA. It has about 7 employees. Its estimated business value is $1.5M (likely range $764K–$2.0M).
Common questions
- Who owns Hearing Solution Centers Inc?
- Hearing Solution Centers Inc is owned by Scott Young, according to public sources such as the company's website or filings.
- How much revenue does Hearing Solution Centers Inc make?
- SeeBITDA estimates Hearing Solution Centers Inc's annual revenue at about $4.0M (likely between $2.6M and $4.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hearing Solution Centers Inc worth?
- About $1.5M, roughly 3.2× its estimated EBITDA of $453K, typical for a electromedical and electrotherapeutic apparatus manufacturing company its size. Likely range: $764K–$2.0M.
- How many employees does Hearing Solution Centers Inc have?
- About 7, as reported on its PPP loan.
- When was Hearing Solution Centers Inc founded?
- Hearing Solution Centers Inc has been in business since 1991.