SeeBITDAOklahoma

Iris Memory Care Of Nichols Hills

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly
  • 8300 N May Ave, Oklahoma City, OK
  • Since 2016
  • NAICS 6233
Company websiteirisseniorliving.comFind on LinkedInSearch LinkedIn for this company
Estimated valueLow confidence
$778K
$237Klikely range$1.2M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$3.7M
a year
Profit (EBITDA)
$259K
7% of revenue
Employees
—
not reported
Leadership
Jessie Motsinger
Executive Vice President · source · confirmed by 2 sources
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $778K

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

A typical continuing care retirement communities and assisted living facilities for the elderly business in Oklahoma$3.7M
Revenue$3.7M
× 7% profit margin$259K
× 3 sale multiple = value$778K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

What they do

Iris Memory Care operates residential memory care communities offering specialized Alzheimer's and dementia care in a small, home-like setting for respite, short-term and long-term stays.

Products & services
Memory CareRespite careShort-term staysLong-term staysAssistance with bathing, dressing and groomingIncontinence careMedication managementMobility and transfer assistanceEmotional and behavioral managementHousekeeping and laundry servicesOn-site nursingPersonalized daily activity programming
Markets served
Seniors living with Alzheimer's and other forms of memory impairment
Service area
Dallas, TexasRowlett, TexasEdmond, OklahomaOklahoma City, OklahomaTulsa, Oklahoma

From the company's website. Industry: Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Iris Memory Care Of Nichols Hills
this business
$3.7M$259K—
Prairie Winds - Alzheimer's & Memory Support Residence
Oklahoma City
$3.7M$259K0.0 mi
Storey Oaks of Oklahoma City
Oklahoma City
$3.7M$259K0.0 mi
THE HEAVEN HOUSE LLC
Oklahoma City · 33 employees
$3.6M$247K0.5 mi
HEAVEN HOUSE PRIVATE CARE, LLC
Oklahoma City · 15 employees
$1.6M$114K1.5 mi
Vineyard Cottages
Oklahoma City
$3.7M$259K1.5 mi
Brookdale Village
Oklahoma City
$3.7M$259K1.6 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$778K
Multiple for this size and industry3×
Value range$237K – $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 – $4.7M
EBITDA range$99K – $326K
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

History & advisors

“The founders of Iris Memory Care have struggled with the emotions of having to place loved ones in memory care communities and understand the weight of this decision.”

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 Iris Memory Care Of Nichols Hills

Iris Memory Care Of Nichols Hills is a continuing care retirement communities and assisted living facilities for the elderly company in Oklahoma City, Oklahoma, in business since 2016. It is owned by Jessie Motsinger (Executive Vice President). Its estimated annual revenue is about $3.7M, with roughly $259K of EBITDA. Its estimated business value is $778K (likely range $237K–$1.2M).

Common questions

Who owns Iris Memory Care Of Nichols Hills?
Iris Memory Care Of Nichols Hills is owned by Jessie Motsinger (Executive Vice President), according to public sources such as the company's website or filings.
How much revenue does Iris Memory Care Of Nichols Hills make?
SeeBITDA estimates Iris Memory Care Of Nichols Hills's annual revenue at about $3.7M (likely between $1.4M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Iris Memory Care Of Nichols Hills worth?
About $778K, roughly 3× its estimated EBITDA of $259K, typical for a continuing care retirement communities and assisted living facilities for the elderly company its size. Likely range: $237K–$1.2M.
When was Iris Memory Care Of Nichols Hills founded?
Iris Memory Care Of Nichols Hills has been in business since 2016.