Norman Music Center, Inc.
How we got $339K
Based on its 5 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
▲ 25% 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 |
|---|---|---|
| NORMAN MUSIC CENTER, INC. this business | $1.5M | — |
| BUCHANAN BICYCLES, INC. Norman · 5 employees | $1.9M | 0.6 mi |
| TWO UNRAVELLED CHICKS & A LLAMA LLC Norman · 8 employees | $2.6M | 1.3 mi |
| OK RUNNER INC Norman · 13 employees | $4.1M | 2.8 mi |
| OK RUNNERS, INC Norman · 15 employees | $4.4M | 2.8 mi |
| JS USA LLC Norman · 2 employees | $1.2M | 3.3 mi |
| RED RIVER PIPE ORGAN CO., LLC Norman · 3 employees | $1.2M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $954K |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $169K |
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 | $339K |
| Multiple for this size and industry | 2× |
| Value range | $178K – $463K |
| Revenue range | $1.0M – $1.7M |
| EBITDA range | $111K – $193K |
| Industry (NAICS) | Retail Trade (451140) |
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
- BankingArvest BankPPP / 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/20/2020 | first | $17K | 5 |
| 3/26/2021 | second | $15K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Norman Music Center, Inc.
Norman Music Center, Inc. is a retail trade company in Norman, Oklahoma, in business since 1998. Its estimated annual revenue is about $1.5M, with roughly $169K of EBITDA. It has about 5 employees. Its estimated business value is $339K (likely range $178K–$463K).
Common questions
- Who owns Norman Music Center, Inc.?
- The owner of Norman Music Center, 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 Norman Music Center, Inc. make?
- SeeBITDA estimates Norman Music Center, Inc.'s annual revenue at about $1.5M (likely between $1.0M and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Norman Music Center, Inc. worth?
- About $339K, roughly 2× its estimated EBITDA of $169K, typical for a retail trade company its size. Likely range: $178K–$463K.
- How many employees does Norman Music Center, Inc. have?
- About 5, as reported on its PPP loan.
- When was Norman Music Center, Inc. founded?
- Norman Music Center, Inc. has been in business since 1998.