Rivermont Independent Living
How we got $791K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Rivermont Senior Living in Norman, OK, part of Legend Senior Living, offers independent living in maintenance-free apartments with chef-prepared meals, housekeeping, transportation, and activities for seniors.
From the company's website. Industry: Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Rivermont Independent Living this business | $3.8M | — |
| Rivermont Retirement Community Norman | $3.8M | 0.0 mi |
| Rivermont Assisted Living and Memory Care Norman | $3.8M | 0.1 mi |
| Sage at Cobblestone Creek Norman | $3.8M | 1.9 mi |
| 24th Place Norman | $3.8M | 2.5 mi |
| Wyndam Place Senior Residences Norman | $3.8M | 3.1 mi |
| Brookdale Norman Norman | $3.8M | 3.4 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 | $791K |
| Multiple for this size and industry | 3× |
| Value range | $239K – $1.2M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.
| Revenue range | $1.4M – $4.9M |
| EBITDA range | $100K – $338K |
| Industry (NAICS) | Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233) |
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 Rivermont Independent Living
Rivermont Independent Living is a continuing care retirement communities and assisted living facilities for the elderly company in Norman, Oklahoma, in business since 2004. It is owned by Matt Buchanan (President). Its estimated annual revenue is about $3.8M, with roughly $264K of EBITDA. Its estimated business value is $791K (likely range $239K–$1.2M).
Common questions
- Who owns Rivermont Independent Living?
- Rivermont Independent Living is owned by Matt Buchanan (President), according to public sources such as the company's website or filings.
- How much revenue does Rivermont Independent Living make?
- SeeBITDA estimates Rivermont Independent Living's annual revenue at about $3.8M (likely between $1.4M and $4.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rivermont Independent Living worth?
- About $791K, roughly 3× its estimated EBITDA of $264K, typical for a continuing care retirement communities and assisted living facilities for the elderly company its size. Likely range: $239K–$1.2M.
- When was Rivermont Independent Living founded?
- Rivermont Independent Living has been in business since 2004.