Guestroom Records Norman
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 23 years (since 2003)
- Founder still runs it after 23 years
From public records and the company's website, not a statement that it's for sale.
What they do
Guestroom Records is an independent record store serving Oklahoma since 2003, with locations in Edmond, Norman, and Oklahoma City, and it also buys records.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Discogs · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Guestroom Records Norman this business | $3.9M | — |
| ARCHIVE EVENTS LLC Norman · 3 employees | $890K | 0.0 mi |
| Artifactory Norman | $2.1M | 0.1 mi |
| Green Buffalo Downtown Norman | $2.1M | 0.1 mi |
| Robinson's Repurposed Norman | $2.1M | 0.1 mi |
| Bruce's Vintage Guitars & Antiques Norman | $2.1M | 0.1 mi |
| Anty Shanty Vintage Norman | $2.1M | 0.2 mi |
The full calculation
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $364K – $1.7M |
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 (11%). Treat these as a rough guide.
| Revenue range | $1.7M – $5.4M |
| EBITDA range | $189K – $599K |
| Industry (NAICS) | Retail Trade (451) |
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
History & advisors
“Justin Sowers and Travis Searle met while living in the dorms at OU and developed the Guestroom Records business plan while delivering pizza for Pizza Shuttle.”
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
| 125 E Main St | Norman | This listing |
| 3701 N Western Ave | 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 Guestroom Records Norman
Guestroom Records Norman is a retail trade company in Norman, Oklahoma, in business since 2003. It is owned by Justin Sowers and Travis Searle (Co-founder). Its estimated annual revenue is about $3.9M, with roughly $439K of EBITDA. Its estimated business value is $1.1M (likely range $364K–$1.7M). It has 2 locations.
Common questions
- Who owns Guestroom Records Norman?
- Guestroom Records Norman is owned by Justin Sowers and Travis Searle (Co-founder), according to public sources such as the company's website or filings.
- How much revenue does Guestroom Records Norman make?
- SeeBITDA estimates Guestroom Records Norman's annual revenue at about $3.9M (likely between $1.7M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Guestroom Records Norman worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $439K, typical for a retail trade company its size. Likely range: $364K–$1.7M.
- When was Guestroom Records Norman founded?
- Guestroom Records Norman has been in business since 2003.