SeeBITDAOklahoma

Hobby Lobby

Retail Trade
  • 1703 Goppold Lane, Center, Norman, OK
  • Since 1970
Estimated valueLow confidence
$438K
$151Klikely range$719K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$2.0M
a year
Profit (EBITDA)
$219K
11% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $438K

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

A typical retail trade business in Oklahoma$2.0M
Revenue$2.0M
× 11% profit margin$219K
× 2 sale multiple = value$438K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 56 years (since 1970)

From public records and the company's website, not a statement that it's for sale.

What they do

Hobby Lobby is a retail store selling arts, crafts, seasonal and home decor, and related supplies, with a Norman, OK store at 1703 Goppold Lane.

Products & services
seasonal and home decorChristmas decorationscraft suppliesscrapbooking suppliesyarnknitting and crochet toolsart suppliesparty supplies and decorationswedding decorationsartificial flowersfabricfabric paints
Service area
NormanMooreOklahoma CityMidwest CityAlaskaHawaii

From the company's website. Industry: Retail Trade.

Customers & suppliers

Suppliers & brands

  • Yarn Bee · brand it sells or installs
  • I Love This Yarn! · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Hobby Lobby
this business
$2.0M$219K—
GameStop
Norman
$2.0M$219K0.3 mi
MID-AMERICA RESALE
Norman · 24 employees
$4.4M$363K0.3 mi
Hear Again
Norman
$2.1M$190K0.3 mi
Petco
Norman
$2.1M$190K0.3 mi
Target
Norman
$1.5M$112K0.4 mi
Dollar Tree
Norman
$1.5M$112K0.4 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$438K
Multiple for this size and industry2×
Value range$151K – $719K

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 (11%). Treat these as a rough guide.

Revenue range$852K – $2.7M
EBITDA range$95K – $300K
Industry (NAICS)Retail Trade (451)

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

People & advisors

Founded 1970 by David and Barbara Green
“In 1970, David and Barbara Green took out a $600 loan to begin making miniature picture frames out of their home.”

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.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Hobby Lobby

Hobby Lobby is a retail trade company in Norman, Oklahoma, in business since 1970. Its estimated annual revenue is about $2.0M, with roughly $219K of EBITDA. Its estimated business value is $438K (likely range $151K–$719K).

Common questions

Who owns Hobby Lobby?
The owner of Hobby Lobby 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 Hobby Lobby make?
SeeBITDA estimates Hobby Lobby's annual revenue at about $2.0M (likely between $852K and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Hobby Lobby worth?
About $438K, roughly 2× its estimated EBITDA of $219K, typical for a retail trade company its size. Likely range: $151K–$719K.
When was Hobby Lobby founded?
Hobby Lobby has been in business since 1970.