Precision Optical of OK Inc.
How we got $92K
Based on its 1 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 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Precision Optical of OK is an optical shop in Broken Arrow, Oklahoma, selling and repairing prescription eyeglasses and sunglasses for the entire family. It serves Broken Arrow and Tulsa customers, including those with hard prescriptions and mid to high-end preferences.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Maui Jim · brand it sells or installs
- Wiley X · brand it sells or installs
- Seiko · brand it sells or installs
- Transitions · brand it sells or installs
- Line Art Charmant · brand it sells or installs
- Ted Baker · brand it sells or installs
- Silhouette · brand it sells or installs
- Brendel · brand it sells or installs
- Lamborghini · brand it sells or installs
- Lu Lu Guinness · brand it sells or installs
- Kenneth Cole · brand it sells or installs
- Candies · brand it sells or installs
- Airlock · brand it sells or installs
- Coco Song · brand it sells or installs
- Vera Wang · brand it sells or installs
Estimated value over time
▲ 19% 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 |
|---|---|---|
| PRECISION OPTICAL OF OK INC. this business | $429K | — |
| CRAZY GOOD SKINCARE LLC Broken Arrow · 1 employees | $655K | 0.6 mi |
| NEW SPRING PHARMACY, LLC Broken Arrow · 4 employees | $3.6M | 0.9 mi |
| SAFETY FIRST SUPPLY COMPANY LLC Broken Arrow · 6 employees | $5.2M | 1.1 mi |
| TANGYS WELLNESS Broken Arrow · 1 employees | $323K | 1.6 mi |
| SHEAR ELEGANCE INC. Broken Arrow · 1 employees | $663K | 2.0 mi |
| CAREFIRST PHARMACY, INC Broken Arrow · 26 employees | $19.6M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $485K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $292K |
| Estimate: the two combined (geometric mean) | $429K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $46K |
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 | $92K |
| Multiple for this size and industry | 2× |
| Value range | $48K – $126K |
| Revenue range | $282K – $489K |
| EBITDA range | $30K – $53K |
| Industry (NAICS) | Retail Trade (446130) |
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
Advisors
- BankingThe First National Bank and Trust Company of Broken ArrowPPP / 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 First National Bank and Trust Company of Broken Arrow PPP 2020 | All 149 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 7/13/2020 | first | $6K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Precision Optical of OK Inc.
Precision Optical of OK Inc. is a retail trade company in Broken Arrow, Oklahoma, in business since 2008. It is owned by George Dakil. Its estimated annual revenue is about $429K, with roughly $46K of EBITDA. It has about 1 employees. Its estimated business value is $92K (likely range $48K–$126K).
Common questions
- Who owns Precision Optical of OK Inc.?
- Precision Optical of OK Inc. is owned by George Dakil, according to public sources such as the company's website or filings.
- How much revenue does Precision Optical of OK Inc. make?
- SeeBITDA estimates Precision Optical of OK Inc.'s annual revenue at about $429K (likely between $282K and $489K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Precision Optical of OK Inc. worth?
- About $92K, roughly 2× its estimated EBITDA of $46K, typical for a retail trade company its size. Likely range: $48K–$126K.
- How many employees does Precision Optical of OK Inc. have?
- About 1, as reported on its PPP loan.
- When was Precision Optical of OK Inc. founded?
- Precision Optical of OK Inc. has been in business since 2008.