SeeBITDAOklahoma

The Groove OKC

Retail Trade
  • 714 N Broadway Ave, Oklahoma City, OK
  • 2 locations
  • Since 1983
Estimated valueLow confidence
$401K
$101Klikely range$716K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$3.1M
a year
Profit (EBITDA)
$201K
6% of revenue
Employees
—
not reported
James Westbrook
Owner and operator · source
Likely to sell

How we got $401K

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

A typical retail trade business in Oklahoma$3.1M
Revenue$3.1M
× 6% profit margin$201K
× 2 sale multiple = value$401K

· Own this business? Correct these figures

What we know

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

Signs of a sale Likely to sell

  • In business 43 years (since 1983)
  • No family successor named on its website

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

What they do

The Groove OKC is a hi-fi audio and video store in Oklahoma City, a secondary location of Smart Spaces, offering home audio and video equipment with listening, learning and post-purchase support for customers.

Products & services
home audiovideostereo systemmulti channel home theaterreceiversvideo platformsaudio repairaudio video products
Service area
Oklahoma City marketOklahoma City, OK

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

Customers & suppliers

Suppliers & brands

  • Sony · brand it sells or installs
  • Pro-Ject Audio · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
The Groove OKC
this business
$3.1M$201K—
PLENTY MERCANTILE
Oklahoma City · 17 employees
$5.6M$383K0.1 mi
Broadway Wine Merchants
Oklahoma City
$3.0M$203K0.1 mi
American Sentinel Products
Oklahoma City
$4.2M$498K0.1 mi
GRAFFITI FOOD ART OKC LLC
Oklahoma City · 6 employees
$1.9M$126K0.1 mi
Urbane Home & Lifestyle
Oklahoma City
$4.2M$498K0.1 mi
Champ Steroids Online
Oklahoma City
$3.0M$203K0.2 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$401K
Multiple for this size and industry2×
Value range$101K – $716K

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 (6%). Treat these as a rough guide.

Revenue range$970K – $4.6M
EBITDA range$63K – $298K
Industry (NAICS)Retail Trade (443)

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 1983
“Founded in 1983 as Audio Dimensions, now under new ownership and management, Smart spaces is focused on providing premium products and services to the Oklahoma City market.”

Leadership

  • CE
    Charlie Eckman
    AV tech/stereo enthusiast · Company website · source

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.

2 locations

714 N Broadway AveOklahoma CityThis listing
7720 N Robinson Ave b3Oklahoma CityView

Revenue, profit and value are for the whole company.

Public records

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

About The Groove OKC

The Groove OKC is a retail trade company in Oklahoma City, Oklahoma, in business since 1983. It is owned by James Westbrook (Owner and operator). Its estimated annual revenue is about $3.1M, with roughly $201K of EBITDA. Its estimated business value is $401K (likely range $101K–$716K). It has 2 locations.

Common questions

Who owns The Groove OKC?
The Groove OKC is owned by James Westbrook (Owner and operator), according to public sources such as the company's website or filings.
How much revenue does The Groove OKC make?
SeeBITDA estimates The Groove OKC's annual revenue at about $3.1M (likely between $970K and $4.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is The Groove OKC worth?
About $401K, roughly 2× its estimated EBITDA of $201K, typical for a retail trade company its size. Likely range: $101K–$716K.
When was The Groove OKC founded?
The Groove OKC has been in business since 1983.
Is The Groove OKC for sale?
There's no public listing, but it shows signs that often come before a sale: in business 43 years (since 1983); no family successor named on its website.