Mikes Pool & Spa
How we got $242K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 17% 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 |
|---|---|---|
| MIKES POOL & SPA this business | $1.2M | — |
| VAPOR MANAGEMENT LLC Ardmore · 5 employees | $2.3M | 0.5 mi |
| STEREO DESIGNS INC Ardmore · 6 employees | $2.2M | 0.5 mi |
| A-1 VAPES & NOVELTY SHOP LLC Ardmore · 4 employees | $2.0M | 0.8 mi |
| WORLDWIDE AUTOGRAPH & MEMORABILIA INC Ardmore · 1 employees | $790K | 1.3 mi |
| D&T WILSON MOBILE HOMES INC. Ardmore · 1 employees | $959K | 5.8 mi |
| MARTIN HOUSE CANDLE COMPANY Ardmore · 1 employees | $455K | 8.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $913K |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $121K |
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 | $242K |
| Multiple for this size and industry | 2× |
| Value range | $127K – $331K |
| Revenue range | $797K – $1.4M |
| EBITDA range | $80K – $138K |
| Industry (NAICS) | Retail Trade (453998) |
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
- BankingCitizens Bank and Trust Company of ArdmorePPP / 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 Roles are as stated there and may be out of date.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
| Citizens Bank and Trust Company of Ardmore PPP 2020 | All 181 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $11K | 2 |
About Mikes Pool & Spa
Mikes Pool & Spa is a retail trade company in Ardmore, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $121K of EBITDA. It has about 2 employees. Its estimated business value is $242K (likely range $127K–$331K).
Common questions
- Who owns Mikes Pool & Spa?
- The owner of Mikes Pool & Spa 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 Mikes Pool & Spa make?
- SeeBITDA estimates Mikes Pool & Spa's annual revenue at about $1.2M (likely between $797K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mikes Pool & Spa worth?
- About $242K, roughly 2× its estimated EBITDA of $121K, typical for a retail trade company its size. Likely range: $127K–$331K.
- How many employees does Mikes Pool & Spa have?
- About 2, as reported on its PPP loan.