Rath Music Group, Inc.
How we got $481K
Based on 5 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▼ 6% 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 |
|---|---|---|
| RATH MUSIC GROUP, INC. this business | $1.1M | — |
| SOUTH MANUFACTURING CO., INC. Bixby · 8 employees | $3.9M | 0.6 mi |
| KHEZRI BROTHERS, INC Tulsa · 29 employees | $5.7M | 2.2 mi |
| TULSA GOLD AND GEMS INC Tulsa · 9 employees | $4.0M | 3.8 mi |
| GRANT'S FRAMES, INC. Tulsa · 4 employees | $828K | 4.3 mi |
| UNDERWATER SERVICES LLC Broken Arrow · 1 employees | $487K | 5.3 mi |
| GARNETT CORPORATION Broken Arrow · 7 employees | $2.9M | 5.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Industry revenue per employee | $194K |
| Revenue = employees × revenue per employee | $1.1M |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $185K |
| Cross-check: revenue implied by PPP payroll | $84K |
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 | $481K |
| Multiple for this size and industry | 2.6× |
| Value range | $228K – $683K |
| Revenue range | $653K – $1.3M |
| EBITDA range | $109K – $219K |
| Industry (NAICS) | Musical Instrument Manufacturing (339992) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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. 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $3K | 5 |
| 1/27/2021 | second | $3K | 4 |
About Rath Music Group, Inc.
Rath Music Group, Inc. is a musical instrument manufacturing company in Bixby, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $185K of EBITDA. It has about 5 employees. Its estimated business value is $481K (likely range $228K–$683K).
Common questions
- Who owns Rath Music Group, Inc.?
- The owner of Rath Music Group, 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 Rath Music Group, Inc. make?
- SeeBITDA estimates Rath Music Group, Inc.'s annual revenue at about $1.1M (likely between $653K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rath Music Group, Inc. worth?
- About $481K, roughly 2.6× its estimated EBITDA of $185K, typical for a musical instrument manufacturing company its size. Likely range: $228K–$683K.
- How many employees does Rath Music Group, Inc. have?
- About 5, as reported on its PPP loan.