Economy Hearing Aid Center
How we got $913K
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 67 years (since 1959)
- Founder still runs it after 67 years
From public records and the company's website, not a statement that it's for sale.
What they do
Economy Hearing is a family-owned hearing aid center with locations in Oklahoma City and Tulsa area, offering hearing tests, hearing aid fittings and repairs, and Audibel hearing aids to adults seeking hearing care.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Audibel Hearing Technologies · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Economy Hearing Aid Center this business | $4.2M | — |
| Royal Sweets Dispensary & Bakery Oklahoma City | $2.1M | 0.1 mi |
| Cash America Pawn Oklahoma City | $2.1M | 0.1 mi |
| Dollar General Oklahoma City | $1.5M | 0.1 mi |
| Solace Meds OKC South - Medical Marijuana Dispensary Oklahoma City | $2.1M | 0.2 mi |
| SCHER Oklahoma City | $2.1M | 0.2 mi |
| CIGAR TRADERS LLC Oklahoma City · 5 employees | $1.6M | 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 | $913K |
| Multiple for this size and industry | 2.4× |
| Value range | $285K – $1.5M |
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 (9%). Treat these as a rough guide.
| Revenue range | $1.6M – $5.8M |
| EBITDA range | $148K – $521K |
| 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
History & advisors
“We are a family-owned and operated business that was founded in 1959 by Richard Lowry.”
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
| 7300 S Western Ave | Oklahoma City | This listing |
| 6803 E Reno Ave | Midwest 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 Economy Hearing Aid Center
Economy Hearing Aid Center is a family-owned retail trade company in Oklahoma City, Oklahoma, in business since 1959. It is owned by Richard Lowry (Founder). Its estimated annual revenue is about $4.2M, with roughly $381K of EBITDA. Its estimated business value is $913K (likely range $285K–$1.5M). It has 2 locations.
Common questions
- Who owns Economy Hearing Aid Center?
- Economy Hearing Aid Center is owned by Richard Lowry (Founder), according to public sources such as the company's website or filings.
- How much revenue does Economy Hearing Aid Center make?
- SeeBITDA estimates Economy Hearing Aid Center's annual revenue at about $4.2M (likely between $1.6M and $5.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Economy Hearing Aid Center worth?
- About $913K, roughly 2.4× its estimated EBITDA of $381K, typical for a retail trade company its size. Likely range: $285K–$1.5M.
- When was Economy Hearing Aid Center founded?
- Economy Hearing Aid Center has been in business since 1959.
- Is Economy Hearing Aid Center for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 67 years (since 1959); founder still runs it after 67 years.