Westminster Barber Shop
How we got $212K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Westminster Barber Shop is a barber shop in Spencer, OK, with opening hours Tuesday through Saturday. Customer feedback describes it as an old-fashioned barber shop that cuts boys' and men's hair.
From the company's website. Industry: Hair & beauty salons.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Westminster Barber Shop this business | $440K | — |
| Tattoos By Egypt Nicoma Park | $440K | 0.0 mi |
| Nail Obsessions Salon Nicoma Park | $440K | 0.0 mi |
| Ink Envy Tattoo And Body Piercing Nicoma Park | $440K | 0.0 mi |
| Jerry's Barber Shop Nicoma Park | $440K | 0.1 mi |
| Passion Nail and Spa Oklahoma City | $440K | 0.1 mi |
| Park 59 Salon Nicoma Park | $440K | 0.1 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 | $212K |
| Multiple for this size and industry | 2.1× |
| Value range | $62K – $398K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Personal care services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (23%). Treat these as a rough guide.
| Revenue range | $161K – $686K |
| EBITDA range | $37K – $158K |
| Industry (NAICS) | Personal care services (8121) |
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 Westminster Barber Shop
Westminster Barber Shop is a hair & beauty salons company in Spencer, Oklahoma. Its estimated annual revenue is about $440K, with roughly $101K of EBITDA. Its estimated business value is $212K (likely range $62K–$398K).
Common questions
- Who owns Westminster Barber Shop?
- The owner of Westminster Barber Shop 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 Westminster Barber Shop make?
- SeeBITDA estimates Westminster Barber Shop's annual revenue at about $440K (likely between $161K and $686K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Westminster Barber Shop worth?
- About $212K, roughly 2.1× its estimated EBITDA of $101K, typical for a hair & beauty salons company its size. Likely range: $62K–$398K.