SeeBITDAOklahoma

Norman Vision Clinic PLLC

Offices of Optometrists
Estimated valueMedium confidence
$5.7M
$3.0Mlikely range$7.8M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$8.1M
a year
Profit (EBITDA)
$1.3M
16% of revenue
Employees
44
reported in 2020
Troy A. Flax
Co-owner · source
Some signs of a sale
Contact

How we got $5.7M

Based on its 44 employees and its payroll, both reported for PPP in 2020 and brought up to date.

44 employees × $189K each$8.3M
PPP payroll ÷ payroll's usual share of revenue$6.1M
Shown toward the top of its range×1.14
Revenue$8.1M
× 16% profit margin$1.3M
× 4.5 sale multiple = value$5.7M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 31 years (since 1995)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Norman Vision Clinic is an optometry practice with locations in Norman and Moore, Oklahoma, providing eye exams, prescription eyewear, contact lenses and vision care products to the Norman community.

Products & services
Eye ExaminationsPrescription GlassesContact LensesEye Infections And InjuriesOptical DispensingLaser Vision CorrectionSurgery Co-ManagementCommunity Service And SupportFrame SelectionBlue Light Filtering LensesGlaucoma ServicesDry Eye Treatment
Markets served
Patients
Service area
NormanMoore

From the company's website. Industry: Offices of Optometrists.

Customers & suppliers

Suppliers & brands

  • Polo (Ralph Lauren) · brand it sells or installs
  • Maui Jim Sunglasses · brand it sells or installs
  • Prada · brand it sells or installs
  • Emporio Armani · brand it sells or installs
  • Escada · brand it sells or installs
  • Joseph Abboud · brand it sells or installs
  • Kenneth Cole · brand it sells or installs
  • Tommy Hilfiger · brand it sells or installs
  • Disney · brand it sells or installs
  • Versace · brand it sells or installs

Estimated value over time

▲ 22% since 2020
$0$3.3M$6.6M2020202120222023202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 45% since 2020
025502020202120222023202420254424
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan44$5.9M$918K
2020Form 550026$3.5M$543K
2021Form 550026$3.5M$543K
2022Form 550019$2.5M$397K
2023Form 550020$2.7M$417K
2024Form 550021$2.8M$438K
2025Form 550024$3.2M$501K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
NORMAN VISION CLINIC PLLC
this business
$8.1M$1.3M—
SHELLI S JACKSON, PHD, PLLC
Norman · 1 employees
$435K$110K0.0 mi
Lois Bryan-williams, Lpc Llc
Norman
$1.0M$216K0.0 mi
Positive Outcomes Therapeutic Services, Llc
Norman
$1.0M$216K0.0 mi
Valir Physical Therapy - Norman
Norman
$1.0M$216K0.1 mi
Megan Jones
Norman
$1.0M$216K0.1 mi
Julia Jones
Norman
$1.0M$216K0.1 mi

The full calculation

Employees reported to the SBA44
Revenue from headcount (employees × revenue per employee for companies this size)$8.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$6.1M
Estimate: the two combined (geometric mean)$8.1M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$1.3M

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$5.7M
Multiple for this size and industry4.5×
Value range$3.0M – $7.8M
Revenue range$5.3M – $9.2M
EBITDA range$834K – $1.4M
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

People & advisors

Founded 1995
“Norman Vision Clinic has been a leading provider of optometry services and vision care products in the Norman community since 1995, and we want to help you achieve and maintain clear vision for years to come.”

Advisors

  • BankingLiberty National 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

Liberty National Bank
PPP 2020, PPP 2021
All 430 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$252K$255K43Liberty National Bank
1/20/2021second$252K$254K44Liberty National Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Norman Vision Clinic PLLC

Norman Vision Clinic PLLC is an offices of optometrists company in Norman, Oklahoma, in business since 1995. It is owned by Troy A. Flax (Co-owner). Its estimated annual revenue is about $8.1M, with roughly $1.3M of EBITDA. It has about 24 employees. Its estimated business value is $5.7M (likely range $3.0M–$7.8M).

Common questions

Who owns Norman Vision Clinic PLLC?
Norman Vision Clinic PLLC is owned by Troy A. Flax (Co-owner), according to public sources such as the company's website or filings.
How much revenue does Norman Vision Clinic PLLC make?
SeeBITDA estimates Norman Vision Clinic PLLC's annual revenue at about $8.1M (likely between $5.3M and $9.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Norman Vision Clinic PLLC worth?
About $5.7M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a offices of optometrists company its size. Likely range: $3.0M–$7.8M.
How many employees does Norman Vision Clinic PLLC have?
About 24, from its 2025 retirement-plan filing.
When was Norman Vision Clinic PLLC founded?
Norman Vision Clinic PLLC has been in business since 1995.