Nicholas Eye Clinic, PLLC
How we got $836K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Nicholas Eye Clinic is an optometry practice in Enid, OK that offers a full range of optometry services for patients and families.
From the company's website. Industry: Offices of Optometrists.
Estimated value over time
▲ 22% 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 |
|---|---|---|
| NICHOLAS EYE CLINIC, PLLC this business | $1.3M | — |
| Deborah C. May, Phd, Pllc Enid | $1.0M | 0.0 mi |
| Valir Physical Therapy Enid | $1.0M | 0.2 mi |
| The Chiropractic Center Enid | $2.0M | 0.2 mi |
| Advanced Chiropractic Center Enid | $2.0M | 0.3 mi |
| Sarah Coats Enid | $1.0M | 0.3 mi |
| A-PLUS WELLNESS LLC Enid · 1 employees | $158K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $279K |
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 | $836K |
| Multiple for this size and industry | 3× |
| Value range | $440K – $1.1M |
| Revenue range | $852K – $1.5M |
| EBITDA range | $183K – $318K |
| Industry (NAICS) | Offices of Optometrists (621320) |
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
- BankingStride Bank, 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
| Stride Bank, National Association PPP 2020 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $45K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Nicholas Eye Clinic, PLLC
Nicholas Eye Clinic, PLLC is an offices of optometrists company in Enid, Oklahoma, in business since 2008. It is owned by T. Mike Nicholas (Founder). Its estimated annual revenue is about $1.3M, with roughly $279K of EBITDA. It has about 6 employees. Its estimated business value is $836K (likely range $440K–$1.1M).
Common questions
- Who owns Nicholas Eye Clinic, PLLC?
- Nicholas Eye Clinic, PLLC is owned by T. Mike Nicholas (Founder), according to public sources such as the company's website or filings.
- How much revenue does Nicholas Eye Clinic, PLLC make?
- SeeBITDA estimates Nicholas Eye Clinic, PLLC's annual revenue at about $1.3M (likely between $852K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nicholas Eye Clinic, PLLC worth?
- About $836K, roughly 3× its estimated EBITDA of $279K, typical for a offices of optometrists company its size. Likely range: $440K–$1.1M.
- How many employees does Nicholas Eye Clinic, PLLC have?
- About 6, as reported on its PPP loan.
- When was Nicholas Eye Clinic, PLLC founded?
- Nicholas Eye Clinic, PLLC has been in business since 2008.