SAS Shoes
How we got $380K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale High sell likelihood
- In business 50 years (since 1976)
- Founder still runs it after 50 years
- 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
SAS Shoes is a shoe brand (San Antonio Shoe, Inc.) selling premium leather casual, athletic, dress, work, boots and sandals for women and men, plus handbags and accessories. It also runs company stores and sells online.
From the company's website. Industry: Retail Trade.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SAS Shoes this business | $2.0M | — |
| Lasik Vision Insitiute Oklahoma City | $999K | 0.0 mi |
| KEYLINE PRODUCTIONS LLC Oklahoma City · 1 employees | $320K | 0.2 mi |
| Mary Bella Boutique Oklahoma City | $999K | 0.3 mi |
| B & B SHOE BARN, INC. Oklahoma City · 7 employees | $2.1M | 0.5 mi |
| Daniels Shoes Oklahoma City | $999K | 0.5 mi |
| DEX TWO, INC Oklahoma City · 24 employees | $4.9M | 0.5 mi |
The full calculation
| Estimated value = EBITDA × typical sale multiple | $380K |
| Multiple for this size and industry | 2× |
| Value range | $152K – $771K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Retail Trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (10%). Treat these as a rough guide.
| Revenue range | $1.0M – $3.4M |
| EBITDA range | $95K – $321K |
| Industry (NAICS) | Retail Trade (448) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“In 1976, San Antonio Shoemakers was born.”
Leadership
- LHLew HaydenFounder · Company website · source
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 Roles are as stated there and may be out of date.
2 locations
| 6401 Northwest Expy | Oklahoma City | This listing |
| 1500 W Interstate 240 Service Rd Ste A10 | Oklahoma City | View |
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 SAS Shoes
SAS Shoes is a family-owned retail trade company in Oklahoma City, Oklahoma, in business since 1976. It is owned by Terry Armstrong (Founder). Its estimated annual revenue is about $2.0M, with roughly $190K of EBITDA. Its estimated business value is $380K (likely range $152K–$771K). It has 2 locations.
Common questions
- Who owns SAS Shoes?
- SAS Shoes is owned by Terry Armstrong (Founder), according to public sources such as the company's website or filings.
- How much revenue does SAS Shoes make?
- SeeBITDA estimates SAS Shoes's annual revenue at about $2.0M (likely between $1.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is SAS Shoes worth?
- About $380K, roughly 2× its estimated EBITDA of $190K, typical for a retail trade company its size. Likely range: $152K–$771K.
- When was SAS Shoes founded?
- SAS Shoes has been in business since 1976.
- Is SAS Shoes for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 50 years (since 1976); founder still runs it after 50 years; no family successor named on its website.