Rings Etc. LLC
How we got $439K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 15% 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 Some signs of a sale
- In business 47 years (since 1979)
From public records and the company's website, not a statement that it's for sale.
What they do
Rings Etc. is a family-owned fine jewelry business in Edmond, Oklahoma, offering custom one-of-a-kind jewelry creation, repair services, and jewelry buying and appraisal since 1979.
From the company's website. Industry: Retail Trade.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RINGS ETC. LLC this business | $2.3M | — |
| FIELDS JEWELRY, INC. Edmond · 6 employees | $2.6M | 0.2 mi |
| ZFK QUAIL LLC Oklahoma City · 3 employees | $1.7M | 5.2 mi |
| VALERIE NAIFEH FINE JEWELRY LLC Nichols Hills · 15 employees | $11.3M | 8.4 mi |
| MITCHENER FARRAND FINE JEWELRY, INC. Oklahoma City · 9 employees | $6.1M | 8.4 mi |
| PHOENIX INDUSTRIES LLC Oklahoma City · 3 employees | $1.8M | 9.2 mi |
| R & R MANUFACTURING, INC Oklahoma City · 3 employees | $1.6M | 9.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $220K |
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 | $439K |
| Multiple for this size and industry | 2× |
| Value range | $231K – $601K |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $145K – $250K |
| Industry (NAICS) | Retail Trade (448310) |
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
- BankingLegacy 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
| Legacy Bank PPP 2020 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $24K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rings Etc. LLC
Rings Etc. LLC is a family-owned retail trade company in Edmond, Oklahoma, in business since 1979. It is owned by Roger Boulware. Its estimated annual revenue is about $2.3M, with roughly $220K of EBITDA. It has about 4 employees. Its estimated business value is $439K (likely range $231K–$601K).
Common questions
- Who owns Rings Etc. LLC?
- Rings Etc. LLC is owned by Roger Boulware, according to public sources such as the company's website or filings.
- How much revenue does Rings Etc. LLC make?
- SeeBITDA estimates Rings Etc. LLC's annual revenue at about $2.3M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rings Etc. LLC worth?
- About $439K, roughly 2× its estimated EBITDA of $220K, typical for a retail trade company its size. Likely range: $231K–$601K.
- How many employees does Rings Etc. LLC have?
- About 4, as reported on its PPP loan.
- When was Rings Etc. LLC founded?
- Rings Etc. LLC has been in business since 1979.