Richard L Gray & Associates PC
How we got $1.5M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 10% 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 |
|---|---|---|
| RICHARD L GRAY & ASSOCIATES PC this business | $4.4M | — |
| COOPER ENTERPRISES, INC Muskogee · 8 employees | $3.3M | 13.1 mi |
| MCCLAIN FURNITURE Muskogee · 3 employees | $2.3M | 15.2 mi |
| HOME DCOR INTERNATIONAL, INC. Broken Arrow · 6 employees | $2.6M | 22.4 mi |
| STOW'S FURNITURE TULSA, LLC Broken Arrow · 4 employees | $2.9M | 24.1 mi |
| FRED TAYLOR FURNITURE LLC Broken Arrow · 2 employees | $829K | 24.1 mi |
| CASUAL FURNITURE CO. Tulsa · 25 employees | $15.2M | 27.8 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $4.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $517K |
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 | $1.5M |
| Multiple for this size and industry | 3× |
| Value range | $816K – $2.1M |
| Revenue range | $2.9M – $5.0M |
| EBITDA range | $340K – $589K |
| Industry (NAICS) | Retail Trade (442110) |
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
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 Roles are as stated there and may be out of date.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 | 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 |
|---|---|---|---|
| 4/8/2020 | first | $41K | 4 |
2 locations
| 322 E Cherokee | Wagoner | This listing |
| 322 E Cherokee St | Wagoner | View |
Revenue, profit and value are for the whole company.
About Richard L Gray & Associates PC
Richard L Gray & Associates PC is a retail trade company in Wagoner, Oklahoma. Its estimated annual revenue is about $4.4M, with roughly $517K of EBITDA. It has about 8 employees. Its estimated business value is $1.5M (likely range $816K–$2.1M). It has 2 locations.
Common questions
- Who owns Richard L Gray & Associates PC?
- The owner of Richard L Gray & Associates PC 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 Richard L Gray & Associates PC make?
- SeeBITDA estimates Richard L Gray & Associates PC's annual revenue at about $4.4M (likely between $2.9M and $5.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Richard L Gray & Associates PC worth?
- About $1.5M, roughly 3× its estimated EBITDA of $517K, typical for a retail trade company its size. Likely range: $816K–$2.1M.
- How many employees does Richard L Gray & Associates PC have?
- About 8, as reported on its PPP loan.