The Spirit Shop
How we got $399K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| The Spirit Shop this business | $3.0M | — |
| RadioShack Norman | $1.5M | 0.2 mi |
| KARSTENS BAGEL Norman · 19 employees | $2.1M | 0.3 mi |
| THE CANDY BASKET LLC Norman · 5 employees | $818K | 0.3 mi |
| Friendly Tobacco & Vape Norman | $3.0M | 0.3 mi |
| CVS Pharmacy Norman | $4.1M | 0.3 mi |
| Sunshine Super Saver Norman | $3.0M | 0.4 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 | $399K |
| Multiple for this size and industry | 2× |
| Value range | $151K – $617K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Food and Beverage Retailers 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 – $3.8M |
| EBITDA range | $94K – $257K |
| Industry (NAICS) | Food and Beverage Retailers (445) |
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 The Spirit Shop
The Spirit Shop is a food and beverage retailers company in Norman, Oklahoma, in business since 2020. It is owned by Matt Sterr. Its estimated annual revenue is about $3.0M, with roughly $199K of EBITDA. Its estimated business value is $399K (likely range $151K–$617K).
Common questions
- Who owns The Spirit Shop?
- The Spirit Shop is owned by Matt Sterr, according to public sources such as the company's website or filings.
- How much revenue does The Spirit Shop make?
- SeeBITDA estimates The Spirit Shop's annual revenue at about $3.0M (likely between $1.4M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Spirit Shop worth?
- About $399K, roughly 2× its estimated EBITDA of $199K, typical for a food and beverage retailers company its size. Likely range: $151K–$617K.
- When was The Spirit Shop founded?
- The Spirit Shop has been in business since 2020.