Hobby Lobby
How we got $439K
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 56 years (since 1970)
From public records and the company's website, not a statement that it's for sale.
What they do
Hobby Lobby is an arts, crafts and home decor retailer with stores selling craft supplies, party and wedding decorations, fabric, yarn, art supplies and custom framing. The Elk City store is at 410 Regional Drive.
From the company's website. Industry: Retail Trade.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Hobby Lobby this business | $2.0M | — |
| Accuracy Essentials Elk City | $2.1M | 0.4 mi |
| Aerial Bound Pro Shop Elk City | $2.0M | 1.4 mi |
| Floral Expressions Elk City | $2.1M | 1.6 mi |
| Patsys Preloved Parlor Consignment Shop Elk City | $2.1M | 1.6 mi |
| Gene's Custom Tags & Embroidery Elk City | $2.0M | 1.6 mi |
| Ladybugs Kloset Elk City | $2.1M | 1.6 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 | $439K |
| Multiple for this size and industry | 2× |
| Value range | $151K – $719K |
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 | $852K – $2.7M |
| EBITDA range | $95K – $300K |
| 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
“In 1970, David and Barbara Green took out a $600 loan to begin making miniature picture frames out of their home.”
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 Roles are as stated there and may be out of date.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 Hobby Lobby
Hobby Lobby is a retail trade company in Elk City, Oklahoma, in business since 1970. Its estimated annual revenue is about $2.0M, with roughly $219K of EBITDA. Its estimated business value is $439K (likely range $151K–$719K).
Common questions
- Who owns Hobby Lobby?
- The owner of Hobby Lobby isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Hobby Lobby make?
- SeeBITDA estimates Hobby Lobby's annual revenue at about $2.0M (likely between $852K and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hobby Lobby worth?
- About $439K, roughly 2× its estimated EBITDA of $219K, typical for a retail trade company its size. Likely range: $151K–$719K.
- When was Hobby Lobby founded?
- Hobby Lobby has been in business since 1970.