Perkins Drug Inc.
How we got $1.1M
Based on its 10 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 49 years (since 1977)
From public records and the company's website, not a statement that it's for sale.
What they do
Perkins Drug is a family-owned hometown pharmacy in Perkins, Oklahoma, serving the surrounding community since 1977 with prescription filling, medication support, compliance packaging, immunizations, and a gift shop.
From the company's website. Industry: Pharmacies.
Estimated value over time
▲ 24% 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 |
|---|---|---|
| PERKINS DRUG INC. this business | $5.9M | — |
| CLINESMITH ENTERPRISES, INC. Stillwater · 1 employees | $917K | 9.1 mi |
| CDL CENTRAL DRUG, INC. Stillwater · 10 employees | $6.3M | 9.2 mi |
| KNIGHT MEDICAL SUPPLY, LLC Stillwater · 6 employees | $3.4M | 9.2 mi |
| RAZOOKS PHARMACY LLC Stillwater · 23 employees | $10.9M | 9.4 mi |
| TIGER DRUG COMPANY INC Stillwater · 15 employees | $10.5M | 9.4 mi |
| CHARLIE'S DISCOUNT DRUG INC. Stillwater · 8 employees | $6.9M | 9.5 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.6M |
| Estimate: the two combined (geometric mean) | $5.9M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $443K |
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $559K – $1.5M |
| Revenue range | $3.9M – $6.7M |
| EBITDA range | $291K – $505K |
| Industry (NAICS) | Retail Trade (446110) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Perkins Drug opened its doors in 1977, and we have been caring for our neighbors ever since.”
Advisors
- BankingThe Payne County BankPPP / 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
| The Payne County Bank PPP 2020 | All 82 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $65K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Perkins Drug Inc.
Perkins Drug Inc. is a pharmacies company in Perkins, Oklahoma, in business since 1977. Its estimated annual revenue is about $5.9M, with roughly $443K of EBITDA. It has about 10 employees. Its estimated business value is $1.1M (likely range $559K–$1.5M).
Common questions
- Who owns Perkins Drug Inc.?
- The owner of Perkins Drug 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 Perkins Drug Inc. make?
- SeeBITDA estimates Perkins Drug Inc.'s annual revenue at about $5.9M (likely between $3.9M and $6.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Perkins Drug Inc. worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $443K, typical for a pharmacies company its size. Likely range: $559K–$1.5M.
- How many employees does Perkins Drug Inc. have?
- About 10, as reported on its PPP loan.
- When was Perkins Drug Inc. founded?
- Perkins Drug Inc. has been in business since 1977.