SeeBITDAOklahoma

Saied Music Co

Retail Trade
Estimated valueMedium confidence
$9.6M
$5.1Mlikely range$13.1M
About 4.4× its yearly profit, typical for a company this size in its industry.
Revenue
$26.2M
a year
Profit (EBITDA)
$2.2M
8% of revenue
Employees
56
reported in 2020
Leadership
Bob Saied
CEO · source · confirmed by 2 sources
Likely to sell
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $9.6M

Based on its 56 employees and its payroll, both reported for PPP in 2020 and brought up to date.

56 employees × $418K each$23.4M
PPP payroll ÷ payroll's usual share of revenue$22.7M
Shown toward the top of its range×1.14
Revenue$26.2M
× 8% profit margin$2.2M
× 4.4 sale multiple = value$9.6M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 80 years (since 1946)
  • No family successor named on its website

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

What they do

Saied Music Company sells new and used band and orchestra instruments, accessories, and piano and music services, operating retail locations in Arkansas and Texas; it describes itself as "Everything Musical Since 1946!"

Products & services
Band & Orchestra InstrumentsBand & Orchestra AccessoriesSaied Reed ClubRent OnlineLessonsHomeschool Music AcademyChurch OrgansPianos/Digital PianosUsed PianosPrint MusicInstrument RepairPiano Tuning
Service area
FayettevilleFort SmithNorth Little RockTulsa MidtownTulsa SouthSherman, TX

From the company's website. Industry: Retail Trade.

Customers & suppliers

Suppliers & brands

  • Amadeus · brand it sells or installs
  • Bundy Selmer · brand it sells or installs
  • Gemeinhardt · brand it sells or installs
  • Jupiter · brand it sells or installs
  • Mio · brand it sells or installs
  • Yamaha · brand it sells or installs
  • Accent · brand it sells or installs
  • Leblanc · brand it sells or installs
  • Selmer · brand it sells or installs
  • Cannonball · brand it sells or installs
  • King · brand it sells or installs
  • Selmer Paris · brand it sells or installs
  • Adams · brand it sells or installs
  • Bach · brand it sells or installs
  • Conn · brand it sells or installs

Estimated value over time

▲ 25% since 2020
$0$5.9M$11.7M202020212022202320242026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 5% since 2020
050100202020212022202320245653
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan56$16.8M$1.4M
2020Form 550048$14.4M$1.2M
2021Form 550045$13.5M$1.1M
2022Form 550052$15.6M$1.3M
2023Form 550063$18.9M$1.6M
2024Form 550053$15.9M$1.3M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
SAIED MUSIC CO
this business
$26.2M$2.2M—
THE GAME ROOM INC
Tulsa · 2 employees
$832K$102K0.7 mi
TOTALLY TENNIS INC
Tulsa · 2 employees
$1.2M$146K0.8 mi
DRAGONSLAYER GAMES LLC
Tulsa · 4 employees
$2.2M$243K0.8 mi
DOYLESON LLC
Tulsa · 11 employees
$3.4M$379K1.1 mi
OIL CAPITAL VINYL
Tulsa · 1 employees
$423K$61K2.2 mi
EMILY TIDWELL
Tulsa · 1 employees
$546K$79K2.2 mi

The full calculation

Employees reported to the SBA56
Revenue from headcount (employees × revenue per employee for companies this size)$23.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$22.7M
Estimate: the two combined (geometric mean)$26.2M
EBITDA margin (industry, adjusted for size)8%
EBITDA = revenue × margin$2.2M

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$9.6M
Multiple for this size and industry4.4×
Value range$5.1M – $13.1M
Revenue range$17.3M – $29.9M
EBITDA range$1.4M – $2.5M
Industry (NAICS)Retail Trade (451140)

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

Founded 1946
“Since 1946, Saied Music Company has been offering the most respected brands and the best selection for your piano, keyboard, organ, band, orchestra, guitar, combo, and print music needs.”

Advisors

  • BankingMidFirst 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

MidFirst Bank
PPP 2020
All 2,403 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$457K$460K56MidFirst Bank

Public records

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

About Saied Music Co

Saied Music Co is a retail trade company in Tulsa, Oklahoma, in business since 1946. It is owned by Bob Saied (CEO). Its estimated annual revenue is about $26.2M, with roughly $2.2M of EBITDA. It has about 53 employees. Its estimated business value is $9.6M (likely range $5.1M–$13.1M).

Common questions

Who owns Saied Music Co?
Saied Music Co is owned by Bob Saied (CEO), according to public sources such as the company's website or filings.
How much revenue does Saied Music Co make?
SeeBITDA estimates Saied Music Co's annual revenue at about $26.2M (likely between $17.3M and $29.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Saied Music Co worth?
About $9.6M, roughly 4.4× its estimated EBITDA of $2.2M, typical for a retail trade company its size. Likely range: $5.1M–$13.1M.
How many employees does Saied Music Co have?
About 53, from its 2024 retirement-plan filing.
When was Saied Music Co founded?
Saied Music Co has been in business since 1946.
Is Saied Music Co for sale?
There's no public listing, but it shows signs that often come before a sale: in business 80 years (since 1946); no family successor named on its website.