Rogers Drug Company Inc
- Ronald W. NicholasPrevious owner and president-emeritus · Company website
- Colby L.S. GreuelDoctor of Pharmacy · Company website
- Traci MossPharmacy Technician · Company website
- Tommie NealPharmacy Technician · Company website
How we got $2.4M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 26% 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 131 years (since 1895)
- Family in the business (Ronald W. Nicholas, Previous owner and president-emeritus)
From public records and the company's website, not a statement that it's for sale.
What they do
Rogers Drug Company is a local pharmacy in Wagoner, OK, offering prescription, medication and medical equipment services plus over-the-counter and gift items. It describes itself as a family owned pharmacy serving its local community.
From the company's website. Industry: Drugs and Druggists' Sundries Merchant Wholesalers.
Ownership & transactions
- Acquired by Steve Nicholas · Nov 2008Steve Nicholas, Ron's son, acquired the Rogers Drug Company pharmacy in Wagoner in November 2008.Source
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ROGERS DRUG COMPANY INC this business | $16.2M | — |
| PITCHFORD & ASSOCIATES SALES CO INC Wagoner · 1 employees | $5.4M | 5.3 mi |
| LIQUID ASSETS, INC. Broken Arrow · 2 employees | $10.8M | 27.2 mi |
| CRATE AND TRANSPORT SERVICES INC. Tulsa · 2 employees | $10.8M | 30.3 mi |
| ZYDOT UNLIMITED INC. Tulsa · 3 employees | $11.9M | 30.4 mi |
| McKesson Corp Tulsa | $1.3M | 31.7 mi |
| OKLAHOMA SKINNY WRAP GIRLS, INC. Owasso · 2 employees | $10.8M | 35.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $22.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.9M |
| Estimate: the two combined (geometric mean) | $16.2M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $678K |
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 | $2.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.3M – $3.3M |
| Revenue range | $10.6M – $18.5M |
| EBITDA range | $446K – $773K |
| Industry (NAICS) | Drugs and Druggists' Sundries Merchant Wholesalers (424210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingMabrey 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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $50K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rogers Drug Company Inc
Rogers Drug Company Inc is a drugs and druggists' sundries merchant wholesalers company in Wagoner, Oklahoma, in business since 1895. It is owned by Stephen P. Nicholas (Owner and President). Its estimated annual revenue is about $16.2M, with roughly $678K of EBITDA. It has about 5 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns Rogers Drug Company Inc?
- Rogers Drug Company Inc is owned by Stephen P. Nicholas (Owner and President), according to public sources such as the company's website or filings.
- How much revenue does Rogers Drug Company Inc make?
- SeeBITDA estimates Rogers Drug Company Inc's annual revenue at about $16.2M (likely between $10.6M and $18.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rogers Drug Company Inc worth?
- About $2.4M, roughly 3.6× its estimated EBITDA of $678K, typical for a drugs and druggists' sundries merchant wholesalers company its size. Likely range: $1.3M–$3.3M.
- How many employees does Rogers Drug Company Inc have?
- About 5, as reported on its PPP loan.
- When was Rogers Drug Company Inc founded?
- Rogers Drug Company Inc has been in business since 1895.