Rhea Health LLC
How we got $558K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 9% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RHEA HEALTH LLC this business | $885K | — |
| HORIZON MEDICAL LLC Bethany · 3 employees | $1.1M | 3.1 mi |
| CARESOURCE LLC Oklahoma City · 46 employees | $6.7M | 3.2 mi |
| MEDICAL TRANSPORTATION OF OKLAHOMA Oklahoma City · 3 employees | $1.2M | 3.2 mi |
| AZURDIA HEALTH PLLC Yukon · 1 employees | $293K | 4.1 mi |
| OKLAHOMA HEALING, INC. Yukon · 1 employees | $369K | 4.9 mi |
| Octapharma Plasma Oklahoma City | $3.0M | 5.9 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $767K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $785K |
| Estimate: the two combined (geometric mean) | $885K |
| EBITDA margin (industry, adjusted for size) | 25% |
| EBITDA = revenue × margin | $223K |
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 | $558K |
| Multiple for this size and industry | 2.5× |
| Value range | $294K – $764K |
| Revenue range | $582K – $1.0M |
| EBITDA range | $147K – $255K |
| Industry (NAICS) | Ambulance Services (621910) |
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
- BankingIsabella 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 Roles are as stated there and may be out of date.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
| Isabella Bank PPP 2020, PPP 2021 | View → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $28K | 3 |
| 1/26/2021 | second | $28K | 5 |
2 locations
| 1421 S COUNCIL RD | Oklahoma City | This listing |
| 10429 W Reno Ave Ste 100 | Oklahoma City | View |
Revenue, profit and value are for the whole company.
About Rhea Health LLC
Rhea Health LLC is an ambulance services company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $885K, with roughly $223K of EBITDA. It has about 5 employees. Its estimated business value is $558K (likely range $294K–$764K). It has 2 locations.
Common questions
- Who owns Rhea Health LLC?
- The owner of Rhea Health LLC 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 Rhea Health LLC make?
- SeeBITDA estimates Rhea Health LLC's annual revenue at about $885K (likely between $582K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rhea Health LLC worth?
- About $558K, roughly 2.5× its estimated EBITDA of $223K, typical for a ambulance services company its size. Likely range: $294K–$764K.
- How many employees does Rhea Health LLC have?
- About 5, as reported on its PPP loan.