North Carolina Furniture Mart Inc
How we got $1.5M
Based on its 15 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 36 years (since 1990)
- 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
North Carolina Furniture Mart is a family-owned, non-commissioned, custom furniture store in Bixby, OK, offering home furnishings with well-known name brands. It says it helps customers create a look on a budget that works for them.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- A America · brand it sells or installs
- American Drew · brand it sells or installs
- Artistica · brand it sells or installs
- aspenhome · brand it sells or installs
- Bassett Mirror Company · brand it sells or installs
- Bramble · brand it sells or installs
- Butler Specialty Company · brand it sells or installs
- Canadel · brand it sells or installs
- Caracole · brand it sells or installs
- Century Furniture · brand it sells or installs
- Charleston Forge · brand it sells or installs
- Currey and Company · brand it sells or installs
- Designmaster · brand it sells or installs
- Essentials for Living · brand it sells or installs
- Fairfield Chair Company · brand it sells or installs
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 |
|---|---|---|
| NORTH CAROLINA FURNITURE MART INC this business | $7.4M | — |
| BELLA'S HOUSE, LLC Tulsa · 4 employees | $1.4M | 1.5 mi |
| SUNSHINE INTERNATIONAL INC. Tulsa · 52 employees | $26.3M | 4.9 mi |
| STOW'S FURNITURE TULSA, LLC Broken Arrow · 4 employees | $2.9M | 5.2 mi |
| BFD OF TULSA INC Tulsa · 13 employees | $6.5M | 5.5 mi |
| CASUAL FURNITURE CO. Tulsa · 25 employees | $15.2M | 6.6 mi |
| CROWN OFFICE FURNISHINGS LLC Tulsa · 7 employees | $3.9M | 6.7 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.9M |
| Estimate: the two combined (geometric mean) | $7.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $506K |
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 | $1.5M |
| Multiple for this size and industry | 3× |
| Value range | $799K – $2.1M |
| Revenue range | $4.9M – $8.4M |
| EBITDA range | $333K – $577K |
| 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
“In 1990 they opened North Carolina Furniture Mart, located at 121st and Memorial in Bixby, Oklahoma.”
Advisors
- BankingRegent 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
| Regent Bank PPP 2020 | All 726 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $129K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About North Carolina Furniture Mart Inc
North Carolina Furniture Mart Inc is a family-owned retail trade company in Bixby, Oklahoma, in business since 1990. It is owned by Kristi Johnson. Its estimated annual revenue is about $7.4M, with roughly $506K of EBITDA. It has about 15 employees. Its estimated business value is $1.5M (likely range $799K–$2.1M).
Common questions
- Who owns North Carolina Furniture Mart Inc?
- North Carolina Furniture Mart Inc is owned by Kristi Johnson, according to public sources such as the company's website or filings.
- How much revenue does North Carolina Furniture Mart Inc make?
- SeeBITDA estimates North Carolina Furniture Mart Inc's annual revenue at about $7.4M (likely between $4.9M and $8.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is North Carolina Furniture Mart Inc worth?
- About $1.5M, roughly 3× its estimated EBITDA of $506K, typical for a retail trade company its size. Likely range: $799K–$2.1M.
- How many employees does North Carolina Furniture Mart Inc have?
- About 15, as reported on its PPP loan.
- When was North Carolina Furniture Mart Inc founded?
- North Carolina Furniture Mart Inc has been in business since 1990.