Simpleton Goods LLC
How we got $77K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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 |
|---|---|---|
| SIMPLETON GOODS LLC this business | $269K | — |
| Chelsy's Cakes Oklahoma City | $1.7M | 0.7 mi |
| Mammoth Clay Company Oklahoma City | $3.0M | 0.8 mi |
| Hardware Factory Store Okc Oklahoma City | $3.0M | 0.9 mi |
| Leap Coffee Roasters Oklahoma City | $1.7M | 0.9 mi |
| VINYARD FRUIT & VEGETABLE COMPANY Oklahoma City · 115 employees | $68.0M | 1.0 mi |
| Kimray Oklahoma City | $3.0M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $352K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $158K |
| Estimate: the two combined (geometric mean) | $269K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $31K |
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 | $77K |
| Multiple for this size and industry | 2.5× |
| Value range | $40K – $105K |
| Revenue range | $177K – $307K |
| EBITDA range | $20K – $35K |
| Industry (NAICS) | Leather and hide tanning and finishing (316110) |
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. 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
- BankingFirst Fidelity 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 Roles are as stated there and may be out of date.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
| First Fidelity Bank PPP 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/12/2020 | first | $4K | 1 |
About Simpleton Goods LLC
Simpleton Goods LLC is a leather and hide tanning and finishing company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $269K, with roughly $31K of EBITDA. It has about 1 employees. Its estimated business value is $77K (likely range $40K–$105K).
Common questions
- Who owns Simpleton Goods LLC?
- The owner of Simpleton Goods LLC 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 Simpleton Goods LLC make?
- SeeBITDA estimates Simpleton Goods LLC's annual revenue at about $269K (likely between $177K and $307K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Simpleton Goods LLC worth?
- About $77K, roughly 2.5× its estimated EBITDA of $31K, typical for a leather and hide tanning and finishing company its size. Likely range: $40K–$105K.
- How many employees does Simpleton Goods LLC have?
- About 1, as reported on its PPP loan.