Merriman's Furniture Inc
How we got $831K
Based on its 10 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 46 years (since 1980)
From public records and the company's website, not a statement that it's for sale.
What they do
Merriman's Furniture is a family-owned furniture store in Woodward, OK, providing affordable furniture with style and quality. It also offers design services to help customers arrange and furnish their rooms.
From the company's website. Industry: Retail Trade.
Estimated value over time
▲ 10% 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 |
|---|---|---|
| MERRIMAN'S FURNITURE INC this business | $5.0M | — |
| GOINS HOME FURNISHINGS, INC Woodward · 12 employees | $5.8M | 3.4 mi |
| G&G HOME FURNISHING LLC Alva · 3 employees | $1.6M | 46.6 mi |
| KLUVER'S OF CLINTON INC. Clinton · 8 employees | $3.2M | 64.6 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.5M |
| Estimate: the two combined (geometric mean) | $5.0M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $346K |
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 | $831K |
| Multiple for this size and industry | 2.4× |
| Value range | $437K – $1.1M |
| Revenue range | $3.3M – $5.8M |
| EBITDA range | $228K – $395K |
| Industry (NAICS) | Retail Trade (442110) |
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
- BankingThe Stock Exchange 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
| The Stock Exchange Bank PPP 2020 | All 200 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 | $90K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Merriman's Furniture Inc
Merriman's Furniture Inc is a family-owned retail trade company in Woodward, Oklahoma, in business since 1980. Its estimated annual revenue is about $5.0M, with roughly $346K of EBITDA. It has about 10 employees. Its estimated business value is $831K (likely range $437K–$1.1M).
Common questions
- Who owns Merriman's Furniture Inc?
- The owner of Merriman's Furniture 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 Merriman's Furniture Inc make?
- SeeBITDA estimates Merriman's Furniture Inc's annual revenue at about $5.0M (likely between $3.3M and $5.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Merriman's Furniture Inc worth?
- About $831K, roughly 2.4× its estimated EBITDA of $346K, typical for a retail trade company its size. Likely range: $437K–$1.1M.
- How many employees does Merriman's Furniture Inc have?
- About 10, as reported on its PPP loan.
- When was Merriman's Furniture Inc founded?
- Merriman's Furniture Inc has been in business since 1980.