Cheers Cannabis
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Cheers Cannabis is a dispensary in Oklahoma City and Norman, Oklahoma, offering cannabis and CBD products. It says it serves medical patients and customers seeking relief, relaxation, and wellness.
From the company's website. Industry: Doctors & clinics.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Cheers Cannabis this business | $1.5M | — |
| South Moore Medical Clinic Pc Oklahoma City | $1.5M | 0.1 mi |
| Dr. Benjamin Collins Oklahoma City | $1.5M | 0.4 mi |
| Bodytrends The Electrospa Oklahoma City | $1.5M | 1.1 mi |
| REVIVE CLINIC, LLC Oklahoma City · 2 employees | $1.0M | 1.1 mi |
| Federal Injury Center of Oklahoma City Oklahoma City | $1.5M | 1.1 mi |
| Oasis Healing Center Moore | $1.5M | 1.1 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 | $1.1M |
| Multiple for this size and industry | 3.3× |
| Value range | $297K – $1.7M |
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 Physicians businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (22%). Treat these as a rough guide.
| Revenue range | $523K – $1.9M |
| EBITDA range | $113K – $417K |
| Industry (NAICS) | Offices of Physicians (6211) |
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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cheers Cannabis
Cheers Cannabis is a doctors & clinics company in Oklahoma City, Oklahoma, in business since 2021. Its estimated annual revenue is about $1.5M, with roughly $326K of EBITDA. Its estimated business value is $1.1M (likely range $297K–$1.7M).
Common questions
- Who owns Cheers Cannabis?
- The owner of Cheers Cannabis 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 Cheers Cannabis make?
- SeeBITDA estimates Cheers Cannabis's annual revenue at about $1.5M (likely between $523K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cheers Cannabis worth?
- About $1.1M, roughly 3.3× its estimated EBITDA of $326K, typical for a doctors & clinics company its size. Likely range: $297K–$1.7M.
- When was Cheers Cannabis founded?
- Cheers Cannabis has been in business since 2021.