Alteration Station
How we got $576K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 34 years (since 1992)
- 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
Alteration Station is a clothing and household item alteration shop in Portland, serving local customers with tailoring and alteration work. The page says it has been previously located at Lloyd Center.
From the company's website. Industry: Specialty Trade Contractors.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Alteration Station this business | $2.0M | — |
| Newcomb Tony Sportswear Edmond | $2.0M | 0.0 mi |
| JDF GRACE CONSTRUCTION, INC. Edmond · 1 employees | $623K | 0.2 mi |
| Edmond Roofing Pros. Edmond | $2.2M | 0.2 mi |
| MCGUIRE PLUMBING LLC Edmond · 8 employees | $2.3M | 0.2 mi |
| Exr Construction & Restoration Edmond | $2.0M | 0.2 mi |
| Modern Whimsy Interiors Edmond | $2.0M | 0.3 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 | $576K |
| Multiple for this size and industry | 2.3× |
| Value range | $138K – $1.1M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Specialty Trade Contractors businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $586K – $3.0M |
| EBITDA range | $75K – $387K |
| Industry (NAICS) | Specialty Trade Contractors (238) |
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
People & advisors
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 Roles are as stated there and may be out of date.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 Alteration Station
Alteration Station is a specialty trade contractors company in Edmond, Oklahoma, in business since 1992. It is owned by Salim Karam. Its estimated annual revenue is about $2.0M, with roughly $250K of EBITDA. Its estimated business value is $576K (likely range $138K–$1.1M).
Common questions
- Who owns Alteration Station?
- Alteration Station is owned by Salim Karam, according to public sources such as the company's website or filings.
- How much revenue does Alteration Station make?
- SeeBITDA estimates Alteration Station's annual revenue at about $2.0M (likely between $586K and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Alteration Station worth?
- About $576K, roughly 2.3× its estimated EBITDA of $250K, typical for a specialty trade contractors company its size. Likely range: $138K–$1.1M.
- When was Alteration Station founded?
- Alteration Station has been in business since 1992.