Mirage Pools & Spas Inc.
How we got $588K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 23% 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 |
|---|---|---|
| MIRAGE POOLS & SPAS INC. this business | $2.2M | — |
| ROADWAY SPECIALTIES INC Guthrie · 8 employees | $2.9M | 1.1 mi |
| TIM R. REID ENTERPRISES, INC. Guthrie · 1 employees | $290K | 1.1 mi |
| CONCRETE CONCEPTS, INC. Edmond · 3 employees | $1.6M | 1.5 mi |
| RESTEK, INC. Edmond · 51 employees | $23.0M | 1.8 mi |
| ABLE ELECTRIC Edmond · 5 employees | $2.0M | 1.8 mi |
| Dirt Werx of Oklahoma Guthrie | $2.4M | 1.9 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $256K |
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 | $588K |
| Multiple for this size and industry | 2.3× |
| Value range | $310K – $805K |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $168K – $292K |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
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: US Economic Census 2022, OK. 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 Citizens Bank of EdmondPPP / 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 Roles are as stated there and may be out of date.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 Citizens Bank of Edmond PPP 2020 | All 502 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 | $37K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mirage Pools & Spas Inc.
Mirage Pools & Spas Inc. is a fencing, siding & exterior company in Edmond, Oklahoma, in business since 2021. It is owned by Todd Ramsey. Its estimated annual revenue is about $2.2M, with roughly $256K of EBITDA. It has about 7 employees. Its estimated business value is $588K (likely range $310K–$805K).
Common questions
- Who owns Mirage Pools & Spas Inc.?
- Mirage Pools & Spas Inc. is owned by Todd Ramsey, according to public sources such as the company's website or filings.
- How much revenue does Mirage Pools & Spas Inc. make?
- SeeBITDA estimates Mirage Pools & Spas Inc.'s annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mirage Pools & Spas Inc. worth?
- About $588K, roughly 2.3× its estimated EBITDA of $256K, typical for a fencing, siding & exterior company its size. Likely range: $310K–$805K.
- How many employees does Mirage Pools & Spas Inc. have?
- About 7, as reported on its PPP loan.
- When was Mirage Pools & Spas Inc. founded?
- Mirage Pools & Spas Inc. has been in business since 2021.