How we got $1.6M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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 Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
Hite Drug is a pharmacy located in downtown Chandler, OK, that says it offers compounding, vaccines, and delivery. Its pharmacy is described as one where "you are family."
From the company's website. Industry: Pharmacies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HITE DRUG INC this business | $7.8M | — |
| GRIT & GRACE LLC Wellston · 3 employees | $1.7M | 10.6 mi |
| NINE77 NUTRITION OF NORMAN LLC Wellston · 2 employees | $1.1M | 11.4 mi |
| STROUD DRUG INC. Stroud · 10 employees | $6.9M | 12.9 mi |
| HEARTLANDRXOK, LLC Meeker · 7 employees | $4.5M | 13.7 mi |
| SHEFFIELD'S PRAGUE PHARMACY Prague · 10 employees | $6.3M | 18.3 mi |
| BAKER PHARMACY, INC. Cushing · 9 employees | $7.5M | 20.4 mi |
Ranges & sources
| Revenue range | $5.1M – $8.8M |
| EBITDA range | $340K – $589K |
| Industry (NAICS) | Retail Trade (446110) |
| Value range | $816K – $2.1M |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $95K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hite Drug Inc
Hite Drug Inc is a pharmacies company in Chandler, Oklahoma, in business since 2006. Its estimated annual revenue is about $7.8M, with roughly $517K of EBITDA. It has about 12 employees. Its estimated business value is $1.6M (likely range $816K–$2.1M).
Common questions
- Who owns Hite Drug Inc?
- The owner of Hite Drug 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 Hite Drug Inc make?
- SeeBITDA estimates Hite Drug Inc's annual revenue at about $7.8M (likely between $5.1M and $8.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hite Drug Inc worth?
- About $1.6M, roughly 3× its estimated EBITDA of $517K, typical for a pharmacies company its size. Likely range: $816K–$2.1M.
- How many employees does Hite Drug Inc have?
- About 12, as reported on its PPP loan.
- When was Hite Drug Inc founded?
- Hite Drug Inc has been in business since 2006.