Rhodes Chiropractic, P.C.
How we got $278K
Based on its 2 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 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RHODES CHIROPRACTIC, P.C. this business | $440K | — |
| TABOR EYE CLINIC LLC Davis · 6 employees | $1.3M | 0.0 mi |
| Physical Therapy Central Davis | $990K | 0.1 mi |
| ARBUCKLE FAMILY HEALTH, APRN-CNP, LLC Davis · 3 employees | $985K | 0.3 mi |
| Rhodes James P Dc Davis | $990K | 0.4 mi |
| Davis Chiropractic Clinic Davis | $990K | 0.4 mi |
| Southeastern Oklahoma Family Services Sulphur | $1.6M | 6.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $367K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $407K |
| Estimate: the two combined (geometric mean) | $440K |
| EBITDA margin (industry, adjusted for size) | 25% |
| EBITDA = revenue × margin | $111K |
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 | $278K |
| Multiple for this size and industry | 2.5× |
| Value range | $146K – $380K |
| Revenue range | $290K – $502K |
| EBITDA range | $73K – $127K |
| 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
- BankingVision 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 Roles are as stated there and may be out of date.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
| Vision Bank 504 2020, PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $13K | 2 |
Public records
| Oct 2019 | 504 | $132K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rhodes Chiropractic, P.C.
Rhodes Chiropractic, P.C. is a chiropractors & therapists company in Davis, Oklahoma, in business since 2011. Its estimated annual revenue is about $440K, with roughly $111K of EBITDA. It has about 2 employees. Its estimated business value is $278K (likely range $146K–$380K).
Common questions
- Who owns Rhodes Chiropractic, P.C.?
- The owner of Rhodes Chiropractic, P.C. 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 Rhodes Chiropractic, P.C. make?
- SeeBITDA estimates Rhodes Chiropractic, P.C.'s annual revenue at about $440K (likely between $290K and $502K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rhodes Chiropractic, P.C. worth?
- About $278K, roughly 2.5× its estimated EBITDA of $111K, typical for a chiropractors & therapists company its size. Likely range: $146K–$380K.
- How many employees does Rhodes Chiropractic, P.C. have?
- About 2, as reported on its PPP loan.
- When was Rhodes Chiropractic, P.C. founded?
- Rhodes Chiropractic, P.C. has been in business since 2011.