Hobbs Eye Care, Inc.
How we got $448K
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 22% 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
What they do
Hobbs Eye Care is an eye care practice founded by Dr. David Hobbs in 1976 that provides eye exams, treatment of vision problems, and glasses and contact lenses for Southern Oklahoma.
From the company's website. Industry: Offices of Optometrists.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOBBS EYE CARE, INC. this business | $833K | — |
| HOLLAND HEALTH, LLC Ardmore · 4 employees | $820K | 0.0 mi |
| Prohab Therapy Specialists Ardmore | $990K | 0.1 mi |
| DOCTOR'S WEIGHT LOSS CLINIC OF ARDMORE Ardmore · 4 employees | $671K | 0.1 mi |
| Mindful Healing Therapy Ardmore | $990K | 0.1 mi |
| ARDMORE PHYSICAL THERAPY, INC Ardmore · 6 employees | $1.1M | 0.2 mi |
| BURKE CHANDLER AUDIOLOGIST INC PC Ardmore · 1 employees | $189K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $133K |
| Revenue = employees × revenue per employee | $833K |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $179K |
| Cross-check: revenue implied by PPP payroll | $221K |
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 | $448K |
| Multiple for this size and industry | 2.5× |
| Value range | $212K – $637K |
| Revenue range | $493K – $986K |
| EBITDA range | $106K – $212K |
| Industry (NAICS) | Offices of Optometrists (621320) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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, OK. 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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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
| First National Bank and Trust Company of Ardmore PPP 2020, PPP 2021 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $7K | 3 |
| 2/12/2021 | second | $10K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hobbs Eye Care, Inc.
Hobbs Eye Care, Inc. is an offices of optometrists company in Ardmore, Oklahoma, in business since 2012. It is owned by Dr. David Hobbs (Founder). Its estimated annual revenue is about $833K, with roughly $179K of EBITDA. It has about 3 employees. Its estimated business value is $448K (likely range $212K–$637K).
Common questions
- Who owns Hobbs Eye Care, Inc.?
- Hobbs Eye Care, Inc. is owned by Dr. David Hobbs (Founder), according to public sources such as the company's website or filings.
- How much revenue does Hobbs Eye Care, Inc. make?
- SeeBITDA estimates Hobbs Eye Care, Inc.'s annual revenue at about $833K (likely between $493K and $986K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hobbs Eye Care, Inc. worth?
- About $448K, roughly 2.5× its estimated EBITDA of $179K, typical for a offices of optometrists company its size. Likely range: $212K–$637K.
- How many employees does Hobbs Eye Care, Inc. have?
- About 3, as reported on its PPP loan.
- When was Hobbs Eye Care, Inc. founded?
- Hobbs Eye Care, Inc. has been in business since 2012.