Journey House Travel Service Inc.
How we got $5.8M
Based on its 19 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 4% 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.
Employees over time
▲ 16% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 19 | $7.9M |
| 2020 | Form 5500 | 24 | $10.0M |
| 2021 | Form 5500 | 8 | $3.3M |
| 2022 | Form 5500 | 21 | $8.8M |
| 2023 | Form 5500 | 22 | $9.2M |
| 2024 | Form 5500 | 24 | $10.0M |
| 2025 | Form 5500 | 22 | $9.2M |
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
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JOURNEY HOUSE TRAVEL SERVICE INC. this business | $13.7M | — |
| JOURNEY HOUSE TRAVEL SERVICES INC. Oklahoma City · 30 employees | $13.0M | 0.0 mi |
| Oklahoma City OK - Northwest Oklahoma City | $1.6M | 0.3 mi |
| THE TRAVEL SOURCE INC Oklahoma City · 4 employees | $2.0M | 0.5 mi |
| Cruise Horizons Oklahoma City | $1.6M | 0.5 mi |
| BRENDA'S LUXURY TRAVEL SERVICE LLC Oklahoma City · 1 employees | $394K | 0.5 mi |
| RAINBOW TRAVEL SERVICE INC Oklahoma City · 5 employees | $2.4M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.7M |
| Estimate: the two combined (geometric mean) | $13.7M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.3M |
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 | $5.8M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.1M – $7.9M |
| Revenue range | $9.0M – $15.6M |
| EBITDA range | $848K – $1.5M |
| Industry (NAICS) | Travel Agencies (561510) |
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. 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 of OklahomaPPP / 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 of Oklahoma PPP 2021 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/19/2021 | second | $382K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Journey House Travel Service Inc.
Journey House Travel Service Inc. is a travel agencies company in Oklahoma City, Oklahoma, in business since 2002. Its estimated annual revenue is about $13.7M, with roughly $1.3M of EBITDA. It has about 22 employees. Its estimated business value is $5.8M (likely range $3.1M–$7.9M).
Common questions
- Who owns Journey House Travel Service Inc.?
- The owner of Journey House Travel Service 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 Journey House Travel Service Inc. make?
- SeeBITDA estimates Journey House Travel Service Inc.'s annual revenue at about $13.7M (likely between $9.0M and $15.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Journey House Travel Service Inc. worth?
- About $5.8M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a travel agencies company its size. Likely range: $3.1M–$7.9M.
- How many employees does Journey House Travel Service Inc. have?
- About 22, from its 2025 retirement-plan filing.
- When was Journey House Travel Service Inc. founded?
- Journey House Travel Service Inc. has been in business since 2002.