SeeBITDAOklahoma

Royce Myers Art Ltd. Gallery

Museums
  • 1706 S Boston Ave, Tulsa, OK
  • Since 2003
Estimated valueMedium confidence
$461K
$242Klikely range$630K
About 2.3× its yearly profit, typical for a company this size in its industry.
Revenue
$670K
a year
Profit (EBITDA)
$200K
30% of revenue
Employees
3
reported in 2020
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $461K

Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.

3 employees × $156K each$469K
PPP payroll ÷ payroll's usual share of revenue$737K
Shown toward the top of its range×1.14
Revenue$670K
× 30% profit margin$200K
× 2.3 sale multiple = value$461K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 23 years (since 2003)

From public records and the company's website, not a statement that it's for sale.

What they do

Royce Myers Gallery is a Tulsa, Oklahoma art gallery that shows featured Oklahoma, U.S. and international artists and is open to the public and to the trade.

Markets served
the trade
Service area
Tulsa, OK

From the company's website. Industry: Museums.

Estimated value over time

▲ 12% since 2020
$0$265K$530K20202026

Today'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

BusinessEst. revenueEst. profitDistance
ROYCE MYERS ART LTD. GALLERY
this business
$670K$200K—
PHILBROOK MUSEUM OF ART
Tulsa · 93 employees
$16.7M$2.9M1.3 mi
TULSA CHILDREN'S MUSEUM
Tulsa · 46 employees
$5.2M$959K1.8 mi
HEART OF ROUTE 66 AUTO MUSEUM, INC
Tulsa · 1 employees
$248K$74K4.4 mi
OKLAHOMA CENTENNIAL BOTANICAL GARDEN INC
Tulsa · 31 employees
$4.0M$843K6.5 mi
TULSA ZOO MANAGEMENT INC
Tulsa · 155 employees
$22.8M$3.9M6.9 mi
TULSA AIR & SPACE MUSEUM &PLANETA
Tulsa · 13 employees
$3.5M$727K6.9 mi

The full calculation

Employees reported to the SBA3
Revenue from headcount (employees × revenue per employee for companies this size)$469K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$737K
Estimate: the two combined (geometric mean)$670K
EBITDA margin (industry, adjusted for size)30%
EBITDA = revenue × margin$200K

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$461K
Multiple for this size and industry2.3×
Value range$242K – $630K
Revenue range$441K – $764K
EBITDA range$132K – $228K
Industry (NAICS)Museums (712110)

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

People & advisors

Advisors

  • BankingBlue Sky 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

Blue Sky Bank
PPP 2020, PPP 2021
All 430 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$27K$27K3Blue Sky Bank
3/18/2021second$24K$25K3Blue Sky Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Royce Myers Art Ltd. Gallery

Royce Myers Art Ltd. Gallery is a museums company in Tulsa, Oklahoma, in business since 2003. Its estimated annual revenue is about $670K, with roughly $200K of EBITDA. It has about 3 employees. Its estimated business value is $461K (likely range $242K–$630K).

Common questions

Who owns Royce Myers Art Ltd. Gallery?
The owner of Royce Myers Art Ltd. Gallery 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 Royce Myers Art Ltd. Gallery make?
SeeBITDA estimates Royce Myers Art Ltd. Gallery's annual revenue at about $670K (likely between $441K and $764K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Royce Myers Art Ltd. Gallery worth?
About $461K, roughly 2.3× its estimated EBITDA of $200K, typical for a museums company its size. Likely range: $242K–$630K.
How many employees does Royce Myers Art Ltd. Gallery have?
About 3, as reported on its PPP loan.
When was Royce Myers Art Ltd. Gallery founded?
Royce Myers Art Ltd. Gallery has been in business since 2003.