SeeBITDAOklahoma

Hear Gear Hearing Aid Centers

Retail Trade
  • 417 E Tamarack Rd, Altus, OK
  • 3 locations
  • Since 2012
  • NAICS 453
Estimated valueLow confidence
$1.6M
$488Klikely range$2.6M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$6.3M
a year
Profit (EBITDA)
$521K
8% of revenue
Employees
—
not reported
Leadership
Richard Davila, II
Owner · source
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $1.6M

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

A typical retail trade business in Oklahoma$6.3M
Revenue$6.3M
× 8% profit margin$521K
× 3 sale multiple = value$1.6M

· Own this business? Correct these figures

What we know

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Hear Gear Hearing Aid Centers
this business
$6.3M$521K—
Cherrys Thrift etc
Altus
$2.1M$190K0.0 mi
WHIRLWIND BOOK BAR LLC
Altus · 5 employees
$1.1M$130K0.1 mi
Abby Lane
Altus
$2.1M$190K0.1 mi
Family Store
Altus
$2.1M$190K0.1 mi
The Painted Pot
Altus
$2.0M$219K0.1 mi
Advantage Office Products
Altus
$2.1M$190K0.1 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$1.6M
Multiple for this size and industry3×
Value range$488K – $2.6M

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 (8%). Treat these as a rough guide.

Revenue range$2.5M – $8.7M
EBITDA range$203K – $714K
Industry (NAICS)Retail Trade (453)

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

3 locations

417 E Tamarack RdAltusThis listing
509 E Franklin AveWeatherfordView
508 W Vandament Ave Ste 110YukonView

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 Hear Gear Hearing Aid Centers

Hear Gear Hearing Aid Centers is a retail trade company in Altus, Oklahoma, in business since 2012. It is owned by Richard Davila, II. Its estimated annual revenue is about $6.3M, with roughly $521K of EBITDA. Its estimated business value is $1.6M (likely range $488K–$2.6M). It has 3 locations.

Common questions

Who owns Hear Gear Hearing Aid Centers?
Hear Gear Hearing Aid Centers is owned by Richard Davila, II, according to public sources such as the company's website or filings.
How much revenue does Hear Gear Hearing Aid Centers make?
SeeBITDA estimates Hear Gear Hearing Aid Centers's annual revenue at about $6.3M (likely between $2.5M and $8.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Hear Gear Hearing Aid Centers worth?
About $1.6M, roughly 3× its estimated EBITDA of $521K, typical for a retail trade company its size. Likely range: $488K–$2.6M.
When was Hear Gear Hearing Aid Centers founded?
Hear Gear Hearing Aid Centers has been in business since 2012.