SeeBITDAOklahoma

Oklahoma Medical Eye Group

Offices of Optometrists
  • 244 S Gateway Pl Ste 401, Jenks, OK
  • 4 locations
  • Since 2015
  • NAICS 621320
Estimated valueMedium confidence
$7.3M
$3.9Mlikely range$10.1M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$10.4M
a year
Profit (EBITDA)
$1.6M
16% of revenue
Employees
39
reported in 2021
Leadership
Dr. Chad Chamberlain
Co-Founder · source
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $7.3M

Based on its 39 employees and its payroll, both reported for PPP in 2021 and brought up to date.

39 employees × $189K each$7.4M
PPP payroll ÷ payroll's usual share of revenue$11.4M
Shown toward the top of its range×1.14
Revenue$10.4M
× 16% profit margin$1.6M
× 4.5 sale multiple = value$7.3M

· Own this business? Correct these figures

What we know

PPP loan, 2021
401(k) filing, 2024
No reported financials
Company website
Owner named
4 locations found

What they do

Oklahoma Medical Eye Group provides comprehensive ophthalmic medical and surgical eye care, including cataracts, dry eye, glaucoma, diabetic evaluations, keratoconus treatment, and LASIK, PRK, ICL and RLE vision correction, plus oculoplastics and cosmetic procedures. It has offices in Jenks, Bartlesville and South Tulsa.

Products & services
CataractsDry EyeGlaucomaCorneaOMEG CosmeticsVision Correction SurgeryLASIK PricingOculoplasticsDiabetic EvaluationsSurgery CentersLASIKPRK
Service area
Jenks, OKTulsaBartlesville
Certifications
American Optometric AssociationOklahoma Association of Optometric Physicians

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

Estimated value over time

▲ 19% since 2020
$0$4.4M$8.8M202020212022202320242026

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

▼ 5% since 2021
02550202020212022202320243937
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2021PPP loan39$5.2M$814K
2020Form 550040$5.3M$835K
2021Form 550043$5.7M$898K
2022Form 550042$5.6M$877K
2023Form 550042$5.6M$877K
2024Form 550037$4.9M$772K

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
OKLAHOMA MEDICAL EYE GROUP
this business
$10.4M$1.6M—
OMEG
Jenks · 39 employees
$10.4M$1.6M0.0 mi
The Orthopaedic Center Physical Therapy - Powered by EXOS
Jenks
$1.0M$216K0.2 mi
SPEECH AND BEYOND, LLC
Jenks · 16 employees
$2.6M$497K0.8 mi
ACTIVE BODY CHIROPRACTIC AND REHABILITATION, L.L.C.
Jenks · 1 employees
$303K$77K0.9 mi
Mrs. Sarah Arnold
Jenks
$1.0M$216K0.9 mi
Summer Wyers, MS, LPC - Counselor
Jenks
$1.0M$216K1.0 mi

The full calculation

Employees reported to the SBA39
Revenue from headcount (employees × revenue per employee for companies this size)$7.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$11.4M
Estimate: the two combined (geometric mean)$10.4M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$1.6M

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$7.3M
Multiple for this size and industry4.5×
Value range$3.9M – $10.1M
Revenue range$6.9M – $11.9M
EBITDA range$1.1M – $1.9M
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

History & advisors

Founded 2015

Advisors

  • BankingGateway First 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

Gateway First Bank
PPP 2021
All 26 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
1/15/2021second$470K$475K39Gateway First Bank

4 locations

244 S Gateway Pl Ste 401JenksThis listing
3400 E Frank Phillips Blvd #202BartlesvilleView
4444 S Harvard AveTulsaView
9999 S. Mingo Rd., Suite MTulsaView

Revenue, profit and value are for the whole company.

Public records

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

About Oklahoma Medical Eye Group

Oklahoma Medical Eye Group is an offices of optometrists company in Jenks, Oklahoma, in business since 2015. It is owned by Dr. Chad Chamberlain (Co-Founder). Its estimated annual revenue is about $10.4M, with roughly $1.6M of EBITDA. It has about 37 employees. Its estimated business value is $7.3M (likely range $3.9M–$10.1M). It has 4 locations.

Common questions

Who owns Oklahoma Medical Eye Group?
Oklahoma Medical Eye Group is owned by Dr. Chad Chamberlain (Co-Founder), according to public sources such as the company's website or filings.
How much revenue does Oklahoma Medical Eye Group make?
SeeBITDA estimates Oklahoma Medical Eye Group's annual revenue at about $10.4M (likely between $6.9M and $11.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Oklahoma Medical Eye Group worth?
About $7.3M, roughly 4.5× its estimated EBITDA of $1.6M, typical for a offices of optometrists company its size. Likely range: $3.9M–$10.1M.
How many employees does Oklahoma Medical Eye Group have?
About 37, from its 2024 retirement-plan filing.
When was Oklahoma Medical Eye Group founded?
Oklahoma Medical Eye Group has been in business since 2015.