Cedar Springs Pharmacy
How we got $840K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 43 years (since 1983)
- 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
Cedar Springs Pharmacy is a locally owned pharmacy in Tuttle, OK, offering prescriptions, non-sterile compounding, durable medical equipment, and vaccinations to Tuttle and surrounding communities.
From the company's website. Industry: Pharmacies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Cedar Springs Pharmacy this business | $4.6M | — |
| Hometown Social Tuttle | $3.0M | 0.0 mi |
| Coal Creek Holler Tuttle | $3.0M | 0.2 mi |
| Silo Farms - Tuttle Tuttle | $3.0M | 0.2 mi |
| ALON Gas Station Tuttle | $5.2M | 0.2 mi |
| HOP & SACK #23 LLC Tuttle · 10 employees | $6.6M | 0.2 mi |
| Domino Convenient Stores Tuttle | $3.0M | 0.3 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 | $840K |
| Multiple for this size and industry | 2.4× |
| Value range | $205K – $1.3M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Pharmacies and Drug Retailers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (8%). Treat these as a rough guide.
| Revenue range | $1.4M – $6.1M |
| EBITDA range | $107K – $459K |
| Industry (NAICS) | Pharmacies and Drug Retailers (456110) |
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
History & advisors
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 Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cedar Springs Pharmacy
Cedar Springs Pharmacy is a family-owned pharmacies company in Tuttle, Oklahoma, in business since 1983. It is owned by Kristin Davenport. Its estimated annual revenue is about $4.6M, with roughly $350K of EBITDA. Its estimated business value is $840K (likely range $205K–$1.3M).
Common questions
- Who owns Cedar Springs Pharmacy?
- Cedar Springs Pharmacy is owned by Kristin Davenport, according to public sources such as the company's website or filings.
- How much revenue does Cedar Springs Pharmacy make?
- SeeBITDA estimates Cedar Springs Pharmacy's annual revenue at about $4.6M (likely between $1.4M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cedar Springs Pharmacy worth?
- About $840K, roughly 2.4× its estimated EBITDA of $350K, typical for a pharmacies company its size. Likely range: $205K–$1.3M.
- When was Cedar Springs Pharmacy founded?
- Cedar Springs Pharmacy has been in business since 1983.
- Is Cedar Springs Pharmacy for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 43 years (since 1983); no family successor named on its website.