Rags and Riches Lifestyle Boutique, Inc.
How we got $371K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 20% 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.
Employees over time
▼ 25% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $1.2M |
| 2020 | Form 5500 | 2 | $600K |
| 2021 | Form 5500 | 3 | $900K |
| 2022 | Form 5500 | 3 | $900K |
| 2023 | Form 5500 | 3 | $900K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RAGS AND RICHES LIFESTYLE BOUTIQUE, INC. this business | $2.0M | — |
| ECHO ENDEAVORS, INC Tulsa · 15 employees | $7.1M | 2.0 mi |
| TIP TOP THRIFT SHOP LLC Tulsa · 2 employees | $1.0M | 2.1 mi |
| ALYSSA'S FOR GLITTER DESIGNS Tulsa · 6 employees | $1.7M | 2.1 mi |
| C & J SCHOOL UNIFORMS Tulsa · 14 employees | $3.7M | 2.2 mi |
| C & J SCHOOL UNIFORM, INC. Tulsa · 14 employees | $3.4M | 2.2 mi |
| AMARANTH COLLECTION CORP Tulsa · 5 employees | $1.4M | 2.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $185K |
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 | $371K |
| Multiple for this size and industry | 2× |
| Value range | $195K – $507K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $122K – $211K |
| Industry (NAICS) | Retail Trade (448140) |
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
Leadership
- JWJimmie W WrightSigned for the company · 2021 retirement-plan filing (Form 5500)
Advisors
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/7/2020 | first | $16K | 4 |
| 3/20/2021 | second | $17K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rags and Riches Lifestyle Boutique, Inc.
Rags and Riches Lifestyle Boutique, Inc. is a retail trade company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $185K of EBITDA. It has about 3 employees. Its estimated business value is $371K (likely range $195K–$507K).
Common questions
- Who owns Rags and Riches Lifestyle Boutique, Inc.?
- The owner of Rags and Riches Lifestyle Boutique, 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 Rags and Riches Lifestyle Boutique, Inc. make?
- SeeBITDA estimates Rags and Riches Lifestyle Boutique, Inc.'s annual revenue at about $2.0M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rags and Riches Lifestyle Boutique, Inc. worth?
- About $371K, roughly 2× its estimated EBITDA of $185K, typical for a retail trade company its size. Likely range: $195K–$507K.
- How many employees does Rags and Riches Lifestyle Boutique, Inc. have?
- About 3, from its 2023 retirement-plan filing.