Pioneer Hearing Aid Centers, Inc.
How we got $1.0M
Based on its 11 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 52 years (since 1974)
From public records and the company's website, not a statement that it's for sale.
What they do
Pioneer Hearing Aid Centers, Inc. is a family-owned hearing aid provider in Oklahoma, offering hearing evaluations, hearing aids, and related services to patients across Oklahoma.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Starkey Hearing Technologies · brand it sells or installs
- Phonak · brand it sells or installs
- Widex · brand it sells or installs
- ReSound · brand it sells or installs
Estimated value over time
▲ 54% 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 |
|---|---|---|
| PIONEER HEARING AID CENTERS, INC. this business | $5.6M | — |
| STATE BEAUTY SUPPLY OF NORMAN LLC Norman · 8 employees | $4.2M | 0.7 mi |
| DAVE'S HEALTHMART PHARMACY, INC. Norman · 8 employees | $6.9M | 0.8 mi |
| PSOK PHARMACY INC Norman · 5 employees | $4.8M | 0.9 mi |
| HULIN PHARMACY INC Norman · 14 employees | $10.7M | 1.2 mi |
| SOONER DISCOUNT PHARMACY, LLC Norman · 8 employees | $5.4M | 1.4 mi |
| AD-LIBS ADVERTISING INC. Norman · 5 employees | $1.9M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.0M |
| Estimate: the two combined (geometric mean) | $5.6M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $427K |
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 | $1.0M |
| Multiple for this size and industry | 2.4× |
| Value range | $539K – $1.4M |
| Revenue range | $3.7M – $6.4M |
| EBITDA range | $281K – $487K |
| Industry (NAICS) | Retail Trade (446199) |
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
History & advisors
“Since 1974, our family owned and operated practice has been dedicated to helping Oklahomans achieve better hearing through personalized care and professional experience.”
Advisors
- BankingFirst Fidelity 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
| First Fidelity Bank PPP 2020, PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $113K | 11 |
| 1/22/2021 | second | $114K | 11 |
2 locations
| 515 W GRAY ST | Norman | This listing |
| 1305 Jenkins Ave | Norman | View |
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 Pioneer Hearing Aid Centers, Inc.
Pioneer Hearing Aid Centers, Inc. is a family-owned retail trade company in Norman, Oklahoma, in business since 1974. Its estimated annual revenue is about $5.6M, with roughly $427K of EBITDA. It has about 11 employees. Its estimated business value is $1.0M (likely range $539K–$1.4M). It has 2 locations.
Common questions
- Who owns Pioneer Hearing Aid Centers, Inc.?
- The owner of Pioneer Hearing Aid Centers, 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 Pioneer Hearing Aid Centers, Inc. make?
- SeeBITDA estimates Pioneer Hearing Aid Centers, Inc.'s annual revenue at about $5.6M (likely between $3.7M and $6.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pioneer Hearing Aid Centers, Inc. worth?
- About $1.0M, roughly 2.4× its estimated EBITDA of $427K, typical for a retail trade company its size. Likely range: $539K–$1.4M.
- How many employees does Pioneer Hearing Aid Centers, Inc. have?
- About 11, as reported on its PPP loan.
- When was Pioneer Hearing Aid Centers, Inc. founded?
- Pioneer Hearing Aid Centers, Inc. has been in business since 1974.