Mike's Furniture Warehouse, Inc.
How we got $432K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MIKE'S FURNITURE WAREHOUSE, INC. this business | $2.9M | — |
| FURNITURE EMPORIUM, INC. Pocola · 3 employees | $2.3M | 10.3 mi |
| BRIDGMAN FURNITURE Poteau · 5 employees | $1.6M | 22.7 mi |
| MEANS FURNITURE INC Stilwell · 14 employees | $6.0M | 30.8 mi |
| WIMBERLY'S HOME FURNISHINGS INC Quinton · 10 employees | $4.1M | 48.4 mi |
| COOPER ENTERPRISES, INC Muskogee · 8 employees | $3.3M | 51.3 mi |
| MCCLAIN FURNITURE Muskogee · 3 employees | $2.3M | 51.5 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $216K |
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 | $432K |
| Multiple for this size and industry | 2× |
| Value range | $227K – $590K |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $142K – $246K |
| 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
- BankingFirstar 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 Roles are as stated there and may be out of date.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
| Firstar Bank PPP 2020 | All 380 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 | $45K | 6 |
About Mike's Furniture Warehouse, Inc.
Mike's Furniture Warehouse, Inc. is a retail trade company in Muldrow, Oklahoma. Its estimated annual revenue is about $2.9M, with roughly $216K of EBITDA. It has about 6 employees. Its estimated business value is $432K (likely range $227K–$590K).
Common questions
- Who owns Mike's Furniture Warehouse, Inc.?
- The owner of Mike's Furniture Warehouse, 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 Mike's Furniture Warehouse, Inc. make?
- SeeBITDA estimates Mike's Furniture Warehouse, Inc.'s annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mike's Furniture Warehouse, Inc. worth?
- About $432K, roughly 2× its estimated EBITDA of $216K, typical for a retail trade company its size. Likely range: $227K–$590K.
- How many employees does Mike's Furniture Warehouse, Inc. have?
- About 6, as reported on its PPP loan.