New Life Furniture.inc
How we got $275K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEW LIFE FURNITURE.INC this business | $1.7M | — |
| JAY ARY Oklahoma City · 1 employees | $544K | 1.5 mi |
| WOWZERS BARGAIN SHOP LLC Oklahoma City · 6 employees | $2.3M | 1.5 mi |
| HWARD FURNITURE SALES Oklahoma City · 1 employees | $792K | 3.0 mi |
| WIENS CROSS BAR GALLERY, LLC Oklahoma City · 11 employees | $4.6M | 3.3 mi |
| ABC ENTERPRISES Oklahoma City · 6 employees | $2.6M | 3.8 mi |
| GREEN OKIE LLC Oklahoma City · 15 employees | $7.3M | 4.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $138K |
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 | $275K |
| Multiple for this size and industry | 2× |
| Value range | $145K – $377K |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $91K – $157K |
| 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
People & advisors
Advisors
- BankingBOKF, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/19/2020 | first | $18K | 3 |
About New Life Furniture.inc
New Life Furniture.inc is a retail trade company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $138K of EBITDA. It has about 3 employees. Its estimated business value is $275K (likely range $145K–$377K).
Common questions
- Who owns New Life Furniture.inc?
- The owner of New Life Furniture.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 New Life Furniture.inc make?
- SeeBITDA estimates New Life Furniture.inc's annual revenue at about $1.7M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is New Life Furniture.inc worth?
- About $275K, roughly 2× its estimated EBITDA of $138K, typical for a retail trade company its size. Likely range: $145K–$377K.
- How many employees does New Life Furniture.inc have?
- About 3, as reported on its PPP loan.