SeeBITDAOklahoma

Economy Hearing Aid Centers

Estimated valueLow confidence
$913K
$285Klikely range$1.5M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$4.2M
a year
Profit (EBITDA)
$381K
9% of revenue
Employees
—
not reported
Leadership
Richard Lowry
Founder · source
Likely to sell
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 $913K

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

A typical chiropractors & therapists business in Oklahoma$4.2M
Revenue$4.2M
× 9% profit margin$381K
× 2.4 sale multiple = value$913K

· Own this business? Correct these figures

What we know

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

Signs of a sale Likely to sell

  • In business 67 years (since 1959)
  • Founder still runs it after 67 years
  • Family in the business (Brent Lowry, Edmond Clinic Provider)

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 center business that provides hearing tests, hearing aids, and hearing aid services at five locations in Oklahoma. It says it was founded in 1959 and focuses on helping people hear better.

Products & services
Hearing TestsHearing AidsHearing Aid ConsultationClean & CheckHearing Aid RepairsHearing AccessoriesHearing ProtectionPersonal AudioVideo otoscopyComputerized hearing aid analysisAssistive listening devicesPremium batteries
Service area
Edmond, OKMidwest City, OKOklahoma City, OKTulsa, OKWarr Acres (North OKC), OKOklahoma
Certifications
Audibel Safety Certified

From the company's website. Industry: Chiropractors & therapists.

Customers & suppliers

Suppliers & brands

  • Audibel Hearing Technologies · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Economy Hearing Aid Centers
this business
$4.2M$381K—
Coleman's Flowers
Oklahoma City
$2.1M$190K0.1 mi
Thompson's Creations
Oklahoma City
$2.0M$219K0.1 mi
Byram Healthcare
Oklahoma City
$2.1M$190K0.1 mi
LifeWay Christian Store
Oklahoma City
$3.9M$439K0.2 mi
Spirit Halloween
Oklahoma City
$2.1M$190K0.3 mi
IBMC Gift Shop
Oklahoma City
$2.1M$190K0.4 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 industry2.4×
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 Offices of Physical, Occupational and Speech Therapists, and Audiologists 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)Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340)

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

Founded 1959 by Richard LowryFamily-owned
“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

3555 NW 58th StOklahoma CityThis listing
1701 E 2nd StEdmondView

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 Centers

Economy Hearing Aid Centers is a family-owned chiropractors & therapists 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 Centers?
Economy Hearing Aid Centers 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 Centers make?
SeeBITDA estimates Economy Hearing Aid Centers'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 Centers worth?
About $913K, roughly 2.4× its estimated EBITDA of $381K, typical for a chiropractors & therapists company its size. Likely range: $285K–$1.5M.
When was Economy Hearing Aid Centers founded?
Economy Hearing Aid Centers has been in business since 1959.
Is Economy Hearing Aid Centers 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; family in the business (brent lowry, edmond clinic provider).