Reese Chiropractic and Wellness PC
- Heath ReeseChiropractor · Company website
- Ashton N. SheltonChiropractor · Company website
How we got $796K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 38% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
- Family in the business (Heath Reese, Chiropractor)
From public records and the company's website, not a statement that it's for sale.
What they do
Reese Chiropractic and Wellness PC is a chiropractic practice in Stillwater, Oklahoma, serving the community since 2006 with chiropractic and wellness care for patients of all ages, including newborns to grandparents.
From the company's website. Industry: Chiropractors & therapists.
Customers & suppliers
Customers
- Oklahoma State University · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| REESE CHIROPRACTIC AND WELLNESS PC this business | $1.4M | — |
| Burks Linda Stillwater | $990K | 1.0 mi |
| BRENDA THOMPSON, LPC, LMFT, PLC Stillwater · 1 employees | $247K | 1.2 mi |
| Green Wellness Center Stillwater | $990K | 1.2 mi |
| Alcoholics Anonymous Stillwater | $990K | 1.2 mi |
| Gentle Path Wellness Center Stillwater | $990K | 1.2 mi |
| Stephen R. Martin, MD Stillwater | $990K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $857K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $265K |
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 | $796K |
| Multiple for this size and industry | 3× |
| Value range | $419K – $1.1M |
| Revenue range | $896K – $1.6M |
| EBITDA range | $174K – $302K |
| Industry (NAICS) | Offices of chiropractors (621310) |
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
History & advisors
Advisors
- BankingSimmons 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
| Simmons Bank PPP 2020 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $69K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Reese Chiropractic and Wellness PC
Reese Chiropractic and Wellness PC is a chiropractors & therapists company in Stillwater, Oklahoma, in business since 2007. It is owned by Dr. Reese. Its estimated annual revenue is about $1.4M, with roughly $265K of EBITDA. It has about 6 employees. Its estimated business value is $796K (likely range $419K–$1.1M).
Common questions
- Who owns Reese Chiropractic and Wellness PC?
- Reese Chiropractic and Wellness PC is owned by Dr. Reese, according to public sources such as the company's website or filings.
- How much revenue does Reese Chiropractic and Wellness PC make?
- SeeBITDA estimates Reese Chiropractic and Wellness PC's annual revenue at about $1.4M (likely between $896K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Reese Chiropractic and Wellness PC worth?
- About $796K, roughly 3× its estimated EBITDA of $265K, typical for a chiropractors & therapists company its size. Likely range: $419K–$1.1M.
- How many employees does Reese Chiropractic and Wellness PC have?
- About 6, as reported on its PPP loan.
- When was Reese Chiropractic and Wellness PC founded?
- Reese Chiropractic and Wellness PC has been in business since 2007.