SeeBITDAOklahoma
Estimated valueMedium confidence
$559K
$335Klikely range$871K
About 2.8× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$1.0M
a year
EBITDA
$200K
19% of revenue
Employees
4
on its 2024 401(k) filing
Ownership
James R. Higgins
Owner · source
Unlikely to sell soon
Leadership
  • Stephen Bolden
    Signs company filings · Form 5500 (2022)

How we got $559K

Revenue$1.0M
5 employees × $222K revenue per employee
EBITDA$200K
19% margin
Estimated value$559K
2.8× multiple

Own this business? Correct these figures

Estimated value over time

▼ 76% since 2020
$0$1.5M$2.9M202020212022202320242026

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

▼ 81% since 2020
0132520202021202220232024214
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan21$4.7M$909K
2020Form 550014$3.1M$606K
2021Form 550017$3.8M$736K
2022Form 550020$4.4M$866K
2023Form 550019$4.2M$822K
2024Form 55004$889K$173K

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, 2024
No reported financials
No website found
Owner named

Signs of a sale Unlikely to sell soon

  • Headcount down 80% since 2022 (retirement plan filings)

From public records and the company's website, not a statement that it's for sale.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
JAMES R HIGGINS MD INC
this business
$1.0M$200K—
HARVARD FAMILY PHYSICIANS PC
Tulsa · 111 employees
$40.2M$5.9M0.0 mi
Tulsa Heart Specialists
Tulsa
$4.0M$716K0.0 mi
Dr. David W. Griffiths, Md
Tulsa
$1.5M$328K0.0 mi
Heather H. Cha, Md
Tulsa
$1.5M$328K0.0 mi
Erin J. Latimer, MD
Tulsa
$1.5M$328K0.0 mi
Harsh Chittaranjan Patel, MD
Tulsa
$1.5M$328K0.0 mi

Ranges & sources

Revenue range$768K – $1.3M
EBITDA range$150K – $259K
Industry (NAICS)Offices of Physicians (except Mental Health Specialists) (621111)
Value range$335K – $871K

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. These are statistical estimates, not reported financials. Full methodology

History & advisors

Advisors

  • BankingBOKF, 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

BOKF, National Association
PPP 2020
All 2,399 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$224K$227K21BOKF, National Association

Public records

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

About James R Higgins MD Inc

James R Higgins MD Inc is a doctors & clinics company in Tulsa, Oklahoma. It is owned by James R. Higgins. Its estimated annual revenue is about $1.0M, with roughly $200K of EBITDA. It has about 4 employees. Its estimated business value is $559K (likely range $335K–$871K).

Common questions

Who owns James R Higgins MD Inc?
James R Higgins MD Inc is owned by James R. Higgins, according to public sources such as the company's website or filings.
How much revenue does James R Higgins MD Inc make?
SeeBITDA estimates James R Higgins MD Inc's annual revenue at about $1.0M (likely between $768K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is James R Higgins MD Inc worth?
About $559K, roughly 2.8× its estimated EBITDA of $200K, typical for a doctors & clinics company its size. Likely range: $335K–$871K.
How many employees does James R Higgins MD Inc have?
About 4, from its 2024 retirement-plan filing.