O2 Concepts, LLC
How we got $17.6M
Based on its 50 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 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
O2 Concepts, LLC makes portable oxygen concentrators (POCs) for patients needing long-term oxygen therapy, with its products described as innovated, engineered and assembled in the United States.
From the company's website. Industry: Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BENNETT CONSTRUCTION, INC. · Oklahoma City, 2 mi · $791.1M
- H.C. EMPLOYEES LLC · Moore, 14 mi · $196.4M
- FUENTES CONCRETE CONSTRUCTION · Edmond, 12 mi · $177.4M
- IDEAL HOMES OF NORMAN, LP · Norman, 22 mi · $163.9M
- TABER BUILT HOMES, LLC · Oklahoma City, 5 mi · $135.1M
Estimated value over time
▲ 40% 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 |
|---|---|---|
| O2 CONCEPTS, LLC this business | $49.4M | — |
| PATRIA PARTNERS, LLC Oklahoma City · 2 employees | $2.9M | 0.3 mi |
| CROSS TIMBERS TECHNOLOGY GROUP Oklahoma City · 3 employees | $7.5M | 1.4 mi |
| NXT LLC Oklahoma City · 8 employees | $17.5M | 1.8 mi |
| H.U.D. SUPPLY, LLC Oklahoma City · 1 employees | $768K | 1.8 mi |
| R.B. AKINS COMPANY Oklahoma City | $25.1M | 1.8 mi |
| Burkhart Dental Supply - Oklahoma City Oklahoma City | $4.1M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 50 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $44.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $42.0M |
| Estimate: the two combined (geometric mean) | $49.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $3.4M |
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 | $17.6M |
| Multiple for this size and industry | 5.2× |
| Value range | $9.3M – $24.1M |
| Revenue range | $32.5M – $56.3M |
| EBITDA range | $2.2M – $3.9M |
| Industry (NAICS) | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450) |
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
- BankingVast 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
| Vast Bank, National Association PPP 2020 | All 359 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 | $756K | 50 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About O2 Concepts, LLC
O2 Concepts, LLC is a medical, dental, and hospital equipment and supplies merchant wholesalers company in Oklahoma City, Oklahoma, in business since 2010. It is owned by Dikran Tourian (Founder). Its estimated annual revenue is about $49.4M, with roughly $3.4M of EBITDA. It has about 50 employees. Its estimated business value is $17.6M (likely range $9.3M–$24.1M).
Common questions
- Who owns O2 Concepts, LLC?
- O2 Concepts, LLC is owned by Dikran Tourian (Founder), according to public sources such as the company's website or filings.
- How much revenue does O2 Concepts, LLC make?
- SeeBITDA estimates O2 Concepts, LLC's annual revenue at about $49.4M (likely between $32.5M and $56.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is O2 Concepts, LLC worth?
- About $17.6M, roughly 5.2× its estimated EBITDA of $3.4M, typical for a medical, dental, and hospital equipment and supplies merchant wholesalers company its size. Likely range: $9.3M–$24.1M.
- How many employees does O2 Concepts, LLC have?
- About 50, as reported on its PPP loan.
- When was O2 Concepts, LLC founded?
- O2 Concepts, LLC has been in business since 2010.