Lassiter Enterprises Inc.
How we got $2.8M
Based on its 19 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 18% since 2021Today'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
| Business | Est. revenue | Distance |
|---|---|---|
| LASSITER ENTERPRISES INC. this business | $13.9M | — |
| JINNY-ANN #4 CORP Del City · 39 employees | $23.4M | 0.3 mi |
| HILL LINE INC. Oklahoma City · 10 employees | $3.9M | 1.2 mi |
| I KNEAD YOUR BODY, LLC Del City · 1 employees | $423K | 1.7 mi |
| MID-AMERICA CHEMICAL INC. Oklahoma City · 5 employees | $3.7M | 1.8 mi |
| MOBILITY LIVING INC Oklahoma City · 14 employees | $7.2M | 2.3 mi |
| LIFESTYLE HAIR SALON LLC Oklahoma City · 1 employees | $748K | 2.4 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.5M |
| Estimate: the two combined (geometric mean) | $13.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $923K |
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 | $2.8M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $3.8M |
| Revenue range | $9.1M – $15.8M |
| EBITDA range | $607K – $1.1M |
| Industry (NAICS) | Retail Trade (446110) |
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: approximate sector default. 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/3/2021 | first | $192K | 19 |
About Lassiter Enterprises Inc.
Lassiter Enterprises Inc. is a pharmacies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $13.9M, with roughly $923K of EBITDA. It has about 19 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).
Common questions
- Who owns Lassiter Enterprises Inc.?
- The owner of Lassiter Enterprises 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 Lassiter Enterprises Inc. make?
- SeeBITDA estimates Lassiter Enterprises Inc.'s annual revenue at about $13.9M (likely between $9.1M and $15.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lassiter Enterprises Inc. worth?
- About $2.8M, roughly 3× its estimated EBITDA of $923K, typical for a pharmacies company its size. Likely range: $1.5M–$3.8M.
- How many employees does Lassiter Enterprises Inc. have?
- About 19, as reported on its PPP loan.