SeeBITDAOklahoma

The Independent Barber Company

  • 427 E Wyandotte Ave, Mcalester, OK
  • Since 2024
Estimated valueLow confidence
$212K
$62Klikely range$398K
About 2.1× its yearly profit, typical for a company this size in its industry.
Revenue
$440K
a year
Profit (EBITDA)
$101K
23% of revenue
Employees
—
not reported
Ernest Russell
Owner · source

How we got $212K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical hair & beauty salons business in Oklahoma$440K
Revenue$440K
× 23% profit margin$101K
× 2.1 sale multiple = value$212K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

What they do

The Independent Barber Co. is a barber shop in McAlester, OK offering classic cuts, fades, beard work, razor designs and traditional shaves to walk-in and booked clients who want a relaxed, welcoming experience.

Products & services
classic cutsclean fadesbeard workrazor designstraditional shaveshot-towel straight-razor shavesbeard shaping and refinement
Service area
McAlester, OK

From the company's website. Industry: Hair & beauty salons.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
The Independent Barber Company
this business
$440K$101K—
Sage by Katy Rose
Mcalester
$440K$101K0.0 mi
The Body Center
Mcalester
$440K$101K0.1 mi
5S Barbershop
Mcalester
$440K$101K0.1 mi
AJ McAlester
Mcalester
$440K$101K0.1 mi
Majestic Barber Shop
Mcalester
$440K$101K0.2 mi
Alexandria Aesthetics
Mcalester
$440K$101K0.2 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$212K
Multiple for this size and industry2.1×
Value range$62K – $398K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Personal care services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (23%). Treat these as a rough guide.

Revenue range$161K – $686K
EBITDA range$37K – $158K
Industry (NAICS)Personal care services (8121)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

Public records

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

About The Independent Barber Company

The Independent Barber Company is a hair & beauty salons company in Mcalester, Oklahoma, in business since 2024. It is owned by Ernest Russell. Its estimated annual revenue is about $440K, with roughly $101K of EBITDA. Its estimated business value is $212K (likely range $62K–$398K).

Common questions

Who owns The Independent Barber Company?
The Independent Barber Company is owned by Ernest Russell, according to public sources such as the company's website or filings.
How much revenue does The Independent Barber Company make?
SeeBITDA estimates The Independent Barber Company's annual revenue at about $440K (likely between $161K and $686K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is The Independent Barber Company worth?
About $212K, roughly 2.1× its estimated EBITDA of $101K, typical for a hair & beauty salons company its size. Likely range: $62K–$398K.
When was The Independent Barber Company founded?
The Independent Barber Company has been in business since 2024.