Midwest Music, LLC
- Randy HurstLeader of Midwest Music (led its Enid and Weatherford locati · Company website
How we got $1.5M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 25% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MIDWEST MUSIC, LLC this business | $5.1M | — |
| A2Z, LLC Weatherford · 4 employees | $900K | 0.6 mi |
| PHEEBS & NORA LLC Hinton · 1 employees | $233K | 19.7 mi |
| GARDNERS GUNS & MFG LLC Elk City · 4 employees | $3.4M | 38.1 mi |
| THE BLOOMING TULIP LLC El Reno · 2 employees | $415K | 38.6 mi |
| SOONER MUSIC COMPANY LLC Anadarko · 2 employees | $794K | 40.5 mi |
| THE QUILT SHOP LLC Kingfisher · 8 employees | $1.9M | 48.8 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $5.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $516K |
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 | $1.5M |
| Multiple for this size and industry | 3× |
| Value range | $815K – $2.1M |
| Revenue range | $3.3M – $5.8M |
| EBITDA range | $340K – $589K |
| Industry (NAICS) | Retail Trade (451140) |
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
- BankingLegacy 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
| Legacy Bank PPP 2020, PPP 2021 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $59K | 16 |
| 2/18/2021 | second | $53K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Midwest Music, LLC
Midwest Music, LLC is a retail trade company in Weatherford, Oklahoma, in business since 2005. Its estimated annual revenue is about $5.1M, with roughly $516K of EBITDA. It has about 19 employees. Its estimated business value is $1.5M (likely range $815K–$2.1M).
Common questions
- Who owns Midwest Music, LLC?
- The owner of Midwest Music, LLC 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 Midwest Music, LLC make?
- SeeBITDA estimates Midwest Music, LLC's annual revenue at about $5.1M (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 Midwest Music, LLC worth?
- About $1.5M, roughly 3× its estimated EBITDA of $516K, typical for a retail trade company its size. Likely range: $815K–$2.1M.
- How many employees does Midwest Music, LLC have?
- About 19, as reported on its PPP loan.
- When was Midwest Music, LLC founded?
- Midwest Music, LLC has been in business since 2005.