Nichols Marine Se OK
How we got $1.2M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 47% 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 |
|---|---|---|
| NICHOLS MARINE SE OK this business | $4.8M | — |
| SIGNS BY JADE, LLC Mcalester · 1 employees | $1.3M | 2.2 mi |
| CAMCO PROMOTIONAL PRODUCTS Stuart · 2 employees | $2.7M | 16.1 mi |
| BIG MAC MARINE LLC Eufaula · 4 employees | $3.3M | 26.5 mi |
| MARINE HOLDING CORP. Dustin · 9 employees | $7.2M | 29.8 mi |
| KELLY'S MONUMENTS OF HENRYETTA Henryetta · 2 employees | $2.7M | 39.5 mi |
| OPTIONS INCORPORATED Checotah · 83 employees | $1.8M | 40.7 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.7M |
| Estimate: the two combined (geometric mean) | $4.8M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $404K |
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 | $1.2M |
| Multiple for this size and industry | 2.9× |
| Value range | $617K – $1.6M |
| Revenue range | $3.2M – $5.5M |
| EBITDA range | $266K – $461K |
| Industry (NAICS) | Sporting and Recreational Goods and Supplies Merchant Wholesalers (423910) |
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. 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
- BankingFirst National Bank & Trust Company of McAlesterPPP / 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
| First National Bank & Trust Company of McAlester PPP 2020 | All 248 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 | $30K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Nichols Marine Se OK
Nichols Marine Se OK is a sporting and recreational goods and supplies merchant wholesalers company in Mcalester, Oklahoma, in business since 1998. Its estimated annual revenue is about $4.8M, with roughly $404K of EBITDA. It has about 4 employees. Its estimated business value is $1.2M (likely range $617K–$1.6M).
Common questions
- Who owns Nichols Marine Se OK?
- The owner of Nichols Marine Se OK 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 Nichols Marine Se OK make?
- SeeBITDA estimates Nichols Marine Se OK's annual revenue at about $4.8M (likely between $3.2M and $5.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nichols Marine Se OK worth?
- About $1.2M, roughly 2.9× its estimated EBITDA of $404K, typical for a sporting and recreational goods and supplies merchant wholesalers company its size. Likely range: $617K–$1.6M.
- How many employees does Nichols Marine Se OK have?
- About 4, as reported on its PPP loan.
- When was Nichols Marine Se OK founded?
- Nichols Marine Se OK has been in business since 1998.