SeeBITDAOklahoma

Jimmy Nguyen Inc

  • 1110 N MAIN ST, Altus, OK
Estimated valueMedium confidence
$178K
$94Klikely range$244K
About 2.1× its yearly profit, typical for a company this size in its industry.
Revenue
$369K
a year
Profit (EBITDA)
$85K
23% of revenue
Employees
2
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $178K

Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.

2 employees × $223K each$447K
PPP payroll ÷ payroll's usual share of revenue$234K
Shown toward the top of its range×1.14
Revenue$369K
× 23% profit margin$85K
× 2.1 sale multiple = value$178K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 51% since 2020
$0$103K$205K20202026

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
JIMMY NGUYEN INC
this business
$369K$85K—
Bulldog Barbershop
Altus
$439K$101K0.0 mi
Massage by Lynda
Altus
$439K$101K0.1 mi
Hair by Darian
Altus
$439K$101K0.1 mi
Anvil Tattoo
Altus
$439K$101K0.1 mi
Better Bodies
Altus
$439K$101K0.1 mi
Hello Gorgeous Salon
Altus
$439K$101K0.1 mi

The full calculation

Employees reported to the SBA2
Revenue from headcount (employees × revenue per employee for companies this size)$447K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$234K
Estimate: the two combined (geometric mean)$369K
EBITDA margin (industry, adjusted for size)23%
EBITDA = revenue × margin$85K

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$178K
Multiple for this size and industry2.1×
Value range$94K – $244K
Revenue range$243K – $420K
EBITDA range$56K – $97K
Industry (NAICS)Nail salons (812113)

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

People & advisors

Advisors

  • BankingHerring 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

Herring Bank
PPP 2020
All 25 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$5K$5K2Herring Bank

About Jimmy Nguyen Inc

Jimmy Nguyen Inc is a hair & beauty salons company in Altus, Oklahoma. Its estimated annual revenue is about $369K, with roughly $85K of EBITDA. It has about 2 employees. Its estimated business value is $178K (likely range $94K–$244K).

Common questions

Who owns Jimmy Nguyen Inc?
The owner of Jimmy Nguyen 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 Jimmy Nguyen Inc make?
SeeBITDA estimates Jimmy Nguyen Inc's annual revenue at about $369K (likely between $243K and $420K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Jimmy Nguyen Inc worth?
About $178K, roughly 2.1× its estimated EBITDA of $85K, typical for a hair & beauty salons company its size. Likely range: $94K–$244K.
How many employees does Jimmy Nguyen Inc have?
About 2, as reported on its PPP loan.