Joy Mart I, LLC
How we got $322K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 36% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JOY MART I, LLC this business | $2.4M | — |
| Michoacana 21 - TULSA Tulsa | $1.7M | 0.1 mi |
| Supermercados Morelos Garnett Tulsa | $3.0M | 0.1 mi |
| LA UNION DOS, INC Tulsa · 66 employees | $25.4M | 0.1 mi |
| LAS AMERICAS SUPERRMERCADO #3, INC. Tulsa · 50 employees | $17.6M | 0.1 mi |
| CRUDOOLANDIA TULSA INC Tulsa · 2 employees | $1.2M | 0.2 mi |
| Feria Latina Supermarket Tulsa | $3.0M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $161K |
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 | $322K |
| Multiple for this size and industry | 2× |
| Value range | $170K – $441K |
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $106K – $184K |
| Industry (NAICS) | Grocery and Convenience Retailers (445120) |
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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $21K | 6 |
About Joy Mart I, LLC
Joy Mart I, LLC is a grocery and convenience retailers company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $161K of EBITDA. It has about 6 employees. Its estimated business value is $322K (likely range $170K–$441K).
Common questions
- Who owns Joy Mart I, LLC?
- The owner of Joy Mart I, LLC 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 Joy Mart I, LLC make?
- SeeBITDA estimates Joy Mart I, LLC's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Joy Mart I, LLC worth?
- About $322K, roughly 2× its estimated EBITDA of $161K, typical for a grocery and convenience retailers company its size. Likely range: $170K–$441K.
- How many employees does Joy Mart I, LLC have?
- About 6, as reported on its PPP loan.