Michaels Jewelry
How we got $189K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 10% 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 |
|---|---|---|
| MICHAELS JEWELRY this business | $767K | — |
| AP, INC Muskogee · 1 employees | $536K | 0.3 mi |
| MUTZIG JEWELERS, INC Tahlequah · 14 employees | $7.7M | 25.2 mi |
| STAR JEWELERS LLC Broken Arrow · 5 employees | $2.4M | 31.4 mi |
| THE CLOCK STORE LLC Broken Arrow · 8 employees | $3.9M | 31.4 mi |
| GOLD-N-BRONZE, INC Broken Arrow · 22 employees | $15.8M | 32.7 mi |
| VINCENT ANTHONY JEWELERS, LLC Tulsa · 6 employees | $3.8M | 35.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $973K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $466K |
| Estimate: the two combined (geometric mean) | $767K |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $94K |
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 | $189K |
| Multiple for this size and industry | 2× |
| Value range | $99K – $258K |
| Revenue range | $505K – $875K |
| EBITDA range | $62K – $108K |
| Industry (NAICS) | Retail Trade (448310) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/29/2021 | first | $5K | 2 |
| 4/26/2021 | second | $5K | 2 |
About Michaels Jewelry
Michaels Jewelry is a retail trade company in Muskogee, Oklahoma. Its estimated annual revenue is about $767K, with roughly $94K of EBITDA. It has about 2 employees. Its estimated business value is $189K (likely range $99K–$258K).
Common questions
- Who owns Michaels Jewelry?
- The owner of Michaels Jewelry 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 Michaels Jewelry make?
- SeeBITDA estimates Michaels Jewelry's annual revenue at about $767K (likely between $505K and $875K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Michaels Jewelry worth?
- About $189K, roughly 2× its estimated EBITDA of $94K, typical for a retail trade company its size. Likely range: $99K–$258K.
- How many employees does Michaels Jewelry have?
- About 2, as reported on its PPP loan.