Paradise Cove Marina, Inc
How we got $1.9M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Paradise Cove Marina is a marina on Lake Fort Gibson in Hulbert, Oklahoma, offering boat slips, boat rentals, boats for sale, and a gas dock and ship store for boaters.
From the company's website. Industry: Marinas.
Estimated value over time
▲ 25% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PARADISE COVE MARINA, INC this business | $3.1M | — |
| Sequoyah Golf Course Hulbert | $793K | 0.7 mi |
| Wagoner Bowl Wagoner | $793K | 1.6 mi |
| Pelican Point Marina and Hotel Resort Wagoner | $793K | 1.6 mi |
| Sequoyah Riding Stables Hulbert | $793K | 1.9 mi |
| Cypress Cove Marina & Cabins Wagoner | $793K | 2.4 mi |
| Tsa-La-Gi Yacht club Okay | $793K | 2.5 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $567K |
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 | $1.9M |
| Multiple for this size and industry | 3.4× |
| Value range | $1.0M – $2.6M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $373K – $646K |
| Industry (NAICS) | Marinas (713930) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingBancFirstPPP / SBA lender
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.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $76K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Paradise Cove Marina, Inc
Paradise Cove Marina, Inc is a marinas company in Hulbert, Oklahoma, in business since 2001. Its estimated annual revenue is about $3.1M, with roughly $567K of EBITDA. It has about 9 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns Paradise Cove Marina, Inc?
- The owner of Paradise Cove Marina, Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Paradise Cove Marina, Inc make?
- SeeBITDA estimates Paradise Cove Marina, Inc's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Paradise Cove Marina, Inc worth?
- About $1.9M, roughly 3.4× its estimated EBITDA of $567K, typical for a marinas company its size. Likely range: $1.0M–$2.6M.
- How many employees does Paradise Cove Marina, Inc have?
- About 9, as reported on its PPP loan.
- When was Paradise Cove Marina, Inc founded?
- Paradise Cove Marina, Inc has been in business since 2001.