SeeBITDAOklahoma

Silver Needle

Retail Trade
  • 6068 S Sheridan Rd, Tulsa, OK
  • Since 1999
  • NAICS 451
Estimated valueLow confidence
$434K
$153Klikely range$703K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$2.0M
a year
Profit (EBITDA)
$217K
11% of revenue
Employees
—
not reported
Leadership
Jeannette Douglas
Owner · source · confirmed by 2 sources
Some signs of a sale
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $434K

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$217K
× 2 sale multiple = value$434K

· Own this business? Correct these figures

What we know

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

Signs of a sale Some signs of a sale

  • In business 27 years (since 1999)
  • 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 Silver Needle is a fine needlecraft materials shop in Tulsa, Oklahoma, selling cross stitch charts, kits, leaflets and related supplies, including items from designers and publishers.

Products & services
KitsWooden pieces for name tags and needlework finishingAuto-ShipsChristmas Stocking Finishing WorkshopFine needlecraft materials
Service area
Tulsa, OK

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

Customers & suppliers

Suppliers & brands

  • Mill Hill · brand it sells or installs
  • Plum Street Samplers · brand it sells or installs
  • Flamingo Toes · brand it sells or installs
  • Cottage Garden Samplings · brand it sells or installs
  • Primrose Cottage · brand it sells or installs
  • Heartstring Samplery · brand it sells or installs
  • Annie Beez · brand it sells or installs
  • Serenita di Campagna · brand it sells or installs
  • Puntini Puntini! · brand it sells or installs
  • Quaint Rose Needlearts · brand it sells or installs
  • Lola Crow! · brand it sells or installs
  • Needle and Moss! · brand it sells or installs
  • Pansy Patch Quilts! · brand it sells or installs
  • Front Porch Peddler · brand it sells or installs
  • Jumpseat Therapy · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Silver Needle
this business
$2.0M$217K—
Edwin Watts Golf
Tulsa
$2.0M$217K0.0 mi
JOANN'S TAILOR SHOP LLC
Tulsa · 5 employees
$1.6M$172K0.1 mi
Fan Fortress
Tulsa
$2.1M$187K0.1 mi
Shadow Mountain Comics
Tulsa
$2.0M$217K0.1 mi
Serendipity
Tulsa
$2.0M$217K0.1 mi
StreetCats, Inc.
Tulsa
$2.1M$187K0.1 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$434K
Multiple for this size and industry2×
Value range$153K – $703K

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$859K – $2.6M
EBITDA range$95K – $293K
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

Public records

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

About Silver Needle

Silver Needle is a retail trade company in Tulsa, Oklahoma, in business since 1999. It is owned by Jeannette Douglas. Its estimated annual revenue is about $2.0M, with roughly $217K of EBITDA. Its estimated business value is $434K (likely range $153K–$703K).

Common questions

Who owns Silver Needle?
Silver Needle is owned by Jeannette Douglas, according to public sources such as the company's website or filings.
How much revenue does Silver Needle make?
SeeBITDA estimates Silver Needle's annual revenue at about $2.0M (likely between $859K and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Silver Needle worth?
About $434K, roughly 2× its estimated EBITDA of $217K, typical for a retail trade company its size. Likely range: $153K–$703K.
When was Silver Needle founded?
Silver Needle has been in business since 1999.