Massengale Eye Care, PLLC
How we got $2.6M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 37 years (since 1989)
- 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
Massengale Eye Care, PLLC is an independently owned and operated eye care practice in Moore, OK, since 1989, providing full-scope primary eye care for all ages.
From the company's website. Industry: Offices of Optometrists.
Estimated value over time
▲ 22% 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 |
|---|---|---|
| MASSENGALE EYE CARE, PLLC this business | $3.9M | — |
| Dr. Gregory J. Glasco LLC Moore | $1.0M | 0.6 mi |
| In The Arena Therapy Moore | $1.0M | 0.6 mi |
| ORTHOPEDIC SPINE & SPORTS PHYSICAL THERAPY PLLC Moore · 21 employees | $2.6M | 0.8 mi |
| Living Roots Chiropractic Moore | $1.0M | 1.0 mi |
| Oxford House Santa Fe North Moore | $1.0M | 1.1 mi |
| Physical Therapy Central Moore | $1.0M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $3.9M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $689K |
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 | $2.6M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.4M – $3.6M |
| Revenue range | $2.6M – $4.4M |
| EBITDA range | $454K – $786K |
| Industry (NAICS) | Offices of Optometrists (621320) |
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
“Independently owned and operated since 1989, Massengale Eye Care provides full-scope primary eye care for all ages.”
Advisors
- BankingFirst Liberty 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
| First Liberty Bank PPP 2020, PPP 2021 | All 382 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $132K | 18 |
| 2/9/2021 | second | $132K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Massengale Eye Care, PLLC
Massengale Eye Care, PLLC is an offices of optometrists company in Moore, Oklahoma, in business since 1989. It is owned by Curt Massengale (O.D. (Doctor of Optometry); owner-operator). Its estimated annual revenue is about $3.9M, with roughly $689K of EBITDA. It has about 19 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.6M).
Common questions
- Who owns Massengale Eye Care, PLLC?
- Massengale Eye Care, PLLC is owned by Curt Massengale (O.D. (Doctor of Optometry); owner-operator), according to public sources such as the company's website or filings.
- How much revenue does Massengale Eye Care, PLLC make?
- SeeBITDA estimates Massengale Eye Care, PLLC's annual revenue at about $3.9M (likely between $2.6M and $4.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Massengale Eye Care, PLLC worth?
- About $2.6M, roughly 3.8× its estimated EBITDA of $689K, typical for a offices of optometrists company its size. Likely range: $1.4M–$3.6M.
- How many employees does Massengale Eye Care, PLLC have?
- About 19, as reported on its PPP loan.
- When was Massengale Eye Care, PLLC founded?
- Massengale Eye Care, PLLC has been in business since 1989.