Little Joe's Boots Inc
How we got $226K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 76 years (since 1950)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Little Joe's Boots is a western wear store in Oklahoma City that sells cowboy boots, hats, and apparel to cowboys, cowgirls, and Western enthusiasts. It has operated for over 50 years, according to its site.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Anderson Bean · brand it sells or installs
- Boulet · brand it sells or installs
- Danner · brand it sells or installs
- Hondo Boots · brand it sells or installs
- Horse Power · brand it sells or installs
- Kenetrek Boots · brand it sells or installs
- Macie Bean · brand it sells or installs
- Olathe Boots · brand it sells or installs
- Rios of Mercedes · brand it sells or installs
- Top Hand · brand it sells or installs
- White's Boots · brand it sells or installs
- DryShod · brand it sells or installs
- Horsepower Work Boots · brand it sells or installs
Estimated value over time
▲ 28% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LITTLE JOE'S BOOTS INC this business | $1.6M | — |
| Mike's Custom Saddle Shop Oklahoma City | $2.0M | 0.0 mi |
| National Saddlery Company Oklahoma City | $2.0M | 0.1 mi |
| Tumbleweed Cannabis Co. Oklahoma City | $2.1M | 0.1 mi |
| Zetor Tractor Stockyards City Oklahoma City | $2.0M | 0.1 mi |
| CED OKC Oklahoma City | $1.5M | 0.2 mi |
| Quality Pets Inc Oklahoma City | $2.1M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $113K |
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 | $226K |
| Multiple for this size and industry | 2× |
| Value range | $119K – $309K |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $74K – $129K |
| Industry (NAICS) | Retail Trade (452990) |
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
People & advisors
Leadership
- JMJoe MedinaPrevious owner · Company website · source
Advisors
- BankingFirst United Bank and Trust Company, Itria Ventures LLCPPP / 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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
| Itria Ventures LLC PPP 2021 | All 196 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $27K | 5 |
| 2/20/2021 | second | $22K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Little Joe's Boots Inc
Little Joe's Boots Inc is a family-owned retail trade company in Oklahoma City, Oklahoma, in business since 1950. It is owned by Joe Bass. Its estimated annual revenue is about $1.6M, with roughly $113K of EBITDA. It has about 5 employees. Its estimated business value is $226K (likely range $119K–$309K).
Common questions
- Who owns Little Joe's Boots Inc?
- Little Joe's Boots Inc is owned by Joe Bass, according to public sources such as the company's website or filings.
- How much revenue does Little Joe's Boots Inc make?
- SeeBITDA estimates Little Joe's Boots Inc's annual revenue at about $1.6M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Little Joe's Boots Inc worth?
- About $226K, roughly 2× its estimated EBITDA of $113K, typical for a retail trade company its size. Likely range: $119K–$309K.
- How many employees does Little Joe's Boots Inc have?
- About 5, as reported on its PPP loan.
- When was Little Joe's Boots Inc founded?
- Little Joe's Boots Inc has been in business since 1950.
- Is Little Joe's Boots Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 76 years (since 1950); no family successor named on its website.