SeeBITDAOklahoma
Estimated valueMedium confidence
$980K
$516Klikely range$1.3M
About 2.6× its yearly profit, typical for a company this size in its industry.
Revenue
$2.1M
a year
Profit (EBITDA)
$377K
18% of revenue
Employees
19
reported in 2020
Leadership
Alyssa Hobbs
Owner + Founder · source · confirmed by 2 sources

How we got $980K

Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.

19 employees × $81K each$1.5M
PPP payroll ÷ payroll's usual share of revenue$2.3M
Shown toward the top of its range×1.14
Revenue$2.1M
× 18% profit margin$377K
× 2.6 sale multiple = value$980K

· Own this business? Correct these figures

Estimated value over time

▲ 42% since 2020
$0$805K$1.6M2020202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 63% since 2020
025502020202420251931
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan19$1.2M$212K
2024Form 550031$1.9M$346K
2025Form 550031$1.9M$346K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

What they do

Hobbs Salon + Med Spa is a hair salon and med spa in Tulsa offering hair color, extensions, skincare, injectables, laser and wellness treatments to clients seeking personalized care.

Products & services
custom hair colorAlyPaige Hair Extensionsskincareinjectableswellness treatmentsBotoxfillersJuvedermRestylanePDO ThreadsBOTOX/DYSPORTRADIESSE
Markets served
hairskincaremed spawellnessaesthetic treatments
Service area
Tulsa

From the company's website. Industry: Hair & beauty salons.

Customers & suppliers

Suppliers & brands

  • Goldwell · brand it sells or installs
  • Kerastase · brand it sells or installs
  • Viora · brand it sells or installs
  • AlyPaige · brand it sells or installs
  • Juvederm · brand it sells or installs
  • Restylane · brand it sells or installs
  • Radiesse · brand it sells or installs
  • Sculptra · brand it sells or installs
  • SkinVive · brand it sells or installs
  • Dysport · brand it sells or installs
  • Kybella · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
HOBBS LLC
this business
$2.1M$377K—
Hair X Lizzy
Tulsa
$436K$100K0.0 mi
A Woman's Massage
Tulsa
$436K$100K0.0 mi
Aquarian Age Massage
Tulsa
$436K$100K0.0 mi
Jo and Co Salon
Tulsa
$436K$100K0.0 mi
Apollo Wellness Spa
Tulsa
$436K$100K0.1 mi
LUXE NAIL BAR LLC
Tulsa · 5 employees
$1.0M$206K0.1 mi

The full calculation

Employees reported to the SBA19
Revenue from headcount (employees × revenue per employee for companies this size)$1.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.3M
Estimate: the two combined (geometric mean)$2.1M
EBITDA margin (industry, adjusted for size)18%
EBITDA = revenue × margin$377K

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$980K
Multiple for this size and industry2.6×
Value range$516K – $1.3M
Revenue range$1.4M – $2.4M
EBITDA range$248K – $430K
Industry (NAICS)Beauty Salons (812112)

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

Founded 2019 by Alyssa Hobbs

Advisors

  • BankingFirst Oklahoma Bank, Vast Bank, National AssociationPPP / 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 Oklahoma Bank
PPP 2020, PPP 2021
All 695 borrowers →
Vast Bank, National Association
7(a) 2023
All 359 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$148K$149K12First Oklahoma Bank
1/17/2021second$202K$205K19First Oklahoma Bank

Public records

SBA loans
1 since 2020
Jun 20237(a)$200KVast Bank, National Association

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Hobbs LLC

Hobbs LLC is a hair & beauty salons company in Tulsa, Oklahoma, in business since 2018. It is owned by Alyssa Hobbs (Owner + Founder). Its estimated annual revenue is about $2.1M, with roughly $377K of EBITDA. It has about 31 employees. Its estimated business value is $980K (likely range $516K–$1.3M).

Common questions

Who owns Hobbs LLC?
Hobbs LLC is owned by Alyssa Hobbs (Owner + Founder), according to public sources such as the company's website or filings.
How much revenue does Hobbs LLC make?
SeeBITDA estimates Hobbs LLC's annual revenue at about $2.1M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Hobbs LLC worth?
About $980K, roughly 2.6× its estimated EBITDA of $377K, typical for a hair & beauty salons company its size. Likely range: $516K–$1.3M.
How many employees does Hobbs LLC have?
About 31, from its 2025 retirement-plan filing.
When was Hobbs LLC founded?
Hobbs LLC has been in business since 2018.