Poage Eyecare, P.C.
How we got $885K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Poage Eyecare, P.C. is an eye care practice in Mustang, Oklahoma that says it provides family eye care with a personal touch.
From the company's website. Industry: Offices of Optometrists.
Estimated value over time
▲ 22% 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 |
|---|---|---|
| POAGE EYECARE, P.C. this business | $1.4M | — |
| ACTION CHIROPRACTIC, PLLC Mustang · 4 employees | $722K | 0.2 mi |
| GLENN E. PARTIN OD PC Mustang · 8 employees | $1.6M | 0.2 mi |
| PARTIN EYECARE P.C. Mustang · 1 employees | $228K | 0.2 mi |
| Partin Physical Therapy Mustang | $1.0M | 0.2 mi |
| Partin Eye Care Mustang | $1.0M | 0.2 mi |
| Canadian Valley Speech Therapy Mustang | $1.0M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $295K |
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 | $885K |
| Multiple for this size and industry | 3× |
| Value range | $466K – $1.2M |
| Revenue range | $901K – $1.6M |
| EBITDA range | $194K – $336K |
| Industry (NAICS) | Offices of Optometrists (621320) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingBank 7PPP / 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
| Bank 7 PPP 2020 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $50K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Poage Eyecare, P.C.
Poage Eyecare, P.C. is an offices of optometrists company in Mustang, Oklahoma, in business since 2005. Its estimated annual revenue is about $1.4M, with roughly $295K of EBITDA. It has about 6 employees. Its estimated business value is $885K (likely range $466K–$1.2M).
Common questions
- Who owns Poage Eyecare, P.C.?
- The owner of Poage Eyecare, P.C. 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 Poage Eyecare, P.C. make?
- SeeBITDA estimates Poage Eyecare, P.C.'s annual revenue at about $1.4M (likely between $901K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Poage Eyecare, P.C. worth?
- About $885K, roughly 3× its estimated EBITDA of $295K, typical for a offices of optometrists company its size. Likely range: $466K–$1.2M.
- How many employees does Poage Eyecare, P.C. have?
- About 6, as reported on its PPP loan.
- When was Poage Eyecare, P.C. founded?
- Poage Eyecare, P.C. has been in business since 2005.