Hi-Fi Systems, Inc.
How we got $246K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Hi-Fi Systems, Inc. is a full line residential and commercial audio/video, communications, and video surveillance retailer that also installs the products it sells. It serves homeowners and businesses seeking home and business audio/video, security and access control solutions.
From the company's website. Industry: Retail Trade.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HI-FI SYSTEMS, INC. this business | $1.7M | — |
| CELL BARN, LLC Ponca City · 4 employees | $1.0M | 1.2 mi |
| ASPEN CUSTOM ELECTRONICS, INC. Stillwater · 9 employees | $3.7M | 38.9 mi |
| VACUUM CENTER, LLC Enid · 5 employees | $2.0M | 50.2 mi |
| CUSHING ELECTRONICS LLC Cushing · 2 employees | $480K | 53.2 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $123K |
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 | $246K |
| Multiple for this size and industry | 2× |
| Value range | $130K – $337K |
| Revenue range | $1.1M – $2.0M |
| EBITDA range | $81K – $140K |
| Industry (NAICS) | Retail Trade (443142) |
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
- BankingRCB 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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/12/2020 | first | $31K | 4 |
| 1/20/2021 | second | $31K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hi-Fi Systems, Inc.
Hi-Fi Systems, Inc. is a retail trade company in Ponca City, Oklahoma, in business since 1999. Its estimated annual revenue is about $1.7M, with roughly $123K of EBITDA. It has about 4 employees. Its estimated business value is $246K (likely range $130K–$337K).
Common questions
- Who owns Hi-Fi Systems, Inc.?
- The owner of Hi-Fi Systems, 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 Hi-Fi Systems, Inc. make?
- SeeBITDA estimates Hi-Fi Systems, Inc.'s annual revenue at about $1.7M (likely between $1.1M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hi-Fi Systems, Inc. worth?
- About $246K, roughly 2× its estimated EBITDA of $123K, typical for a retail trade company its size. Likely range: $130K–$337K.
- How many employees does Hi-Fi Systems, Inc. have?
- About 4, as reported on its PPP loan.
- When was Hi-Fi Systems, Inc. founded?
- Hi-Fi Systems, Inc. has been in business since 1999.