Rumors Salon and Spa, Inc
How we got $68K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 42% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RUMORS SALON AND SPA, INC this business | $141K | — |
| PS Artistry Hair Lounge Edmond | $436K | 0.1 mi |
| Ps Aesthetics Wellness + Skinbar Edmond | $436K | 0.1 mi |
| Slate Aesthetic Lounge Edmond | $436K | 0.1 mi |
| Wax and Wane Esthetics Edmond | $436K | 0.1 mi |
| Edmond Esthetics + Acne Clinic LLC Edmond | $436K | 0.1 mi |
| South Seas Glow Spray Tanning Edmond | $436K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $123K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $124K |
| Estimate: the two combined (geometric mean) | $141K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $32K |
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 | $68K |
| Multiple for this size and industry | 2.1× |
| Value range | $36K – $93K |
| Revenue range | $93K – $161K |
| EBITDA range | $21K – $37K |
| Industry (NAICS) | Beauty Salons (812112) |
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
- BankingThe Citizens Bank of EdmondPPP / 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 Roles are as stated there and may be out of date.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
| The Citizens Bank of Edmond PPP 2020 | All 502 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $5K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rumors Salon and Spa, Inc
Rumors Salon and Spa, Inc is a hair & beauty salons company in Edmond, Oklahoma, in business since 2018. Its estimated annual revenue is about $141K, with roughly $32K of EBITDA. It has about 1 employees. Its estimated business value is $68K (likely range $36K–$93K).
Common questions
- Who owns Rumors Salon and Spa, Inc?
- The owner of Rumors Salon and Spa, Inc 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 Rumors Salon and Spa, Inc make?
- SeeBITDA estimates Rumors Salon and Spa, Inc's annual revenue at about $141K (likely between $93K and $161K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rumors Salon and Spa, Inc worth?
- About $68K, roughly 2.1× its estimated EBITDA of $32K, typical for a hair & beauty salons company its size. Likely range: $36K–$93K.
- How many employees does Rumors Salon and Spa, Inc have?
- About 1, as reported on its PPP loan.
- When was Rumors Salon and Spa, Inc founded?
- Rumors Salon and Spa, Inc has been in business since 2018.