Skulls Unlimited International
How we got $9.4M
Based on its 48 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 40 years (since 1986)
From public records and the company's website, not a statement that it's for sale.
What they do
Skulls Unlimited International sells real and replica skulls and skeletons, and says it provides legally and ethically obtained osteological specimens to the educational, medical and research communities. It also cleans skulls for hunters, professionals and educators, and runs a museum in Oklahoma City.
From the company's website. Industry: All Other Miscellaneous Manufacturing.
Estimated value over time
▲ 326% 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.
Employees over time
▼ 52% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 48 | $14.2M |
| 2020 | Form 5500 | 15 | $4.4M |
| 2021 | Form 5500 | 19 | $5.6M |
| 2022 | Form 5500 | 17 | $5.0M |
| 2023 | Form 5500 | 18 | $5.3M |
| 2024 | Form 5500 | 27 | $8.0M |
| 2025 | Form 5500 | 23 | $6.8M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| SKULLS UNLIMITED INTERNATIONAL this business | $14.7M | — |
| BACK SPIN ENTERPRISES INC Moore · 3 employees | $1.0M | 1.6 mi |
| BACKSPIN ENTERPRISES, INC Moore · 3 employees | $1.0M | 1.6 mi |
| TRAP SPELLING BEE LLC. Oklahoma City · 1 employees | $566K | 2.6 mi |
| QB JOHNSON MANUFACTURING INC Oklahoma City | $19.4M | 2.6 mi |
| JOHNSON CRATING SERVICE L.L.C. Oklahoma City · 14 employees | $5.3M | 2.8 mi |
| AMERICAN LOGO AND SIGN, INC. Moore · 7 employees | $1.6M | 3.0 mi |
The full calculation
| Employees reported to the SBA | 48 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.0M |
| Estimate: the two combined (geometric mean) | $14.7M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $2.0M |
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 | $9.4M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.9M – $12.8M |
| Revenue range | $9.7M – $16.7M |
| EBITDA range | $1.3M – $2.3M |
| Industry (NAICS) | All Other Miscellaneous Manufacturing (339999) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/21/2021 | second | $235K | 21 |
2 locations
| 10313 S Sunnylane Rd | Moore | This listing |
| 10301 S Sunnylane Rd | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Skulls Unlimited International
Skulls Unlimited International is an all other miscellaneous manufacturing company in Moore, Oklahoma, in business since 1986. Its estimated annual revenue is about $14.7M, with roughly $2.0M of EBITDA. It has about 23 employees. Its estimated business value is $9.4M (likely range $4.9M–$12.8M). It has 2 locations.
Common questions
- Who owns Skulls Unlimited International?
- The owner of Skulls Unlimited International 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 Skulls Unlimited International make?
- SeeBITDA estimates Skulls Unlimited International's annual revenue at about $14.7M (likely between $9.7M and $16.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Skulls Unlimited International worth?
- About $9.4M, roughly 4.7× its estimated EBITDA of $2.0M, typical for a all other miscellaneous manufacturing company its size. Likely range: $4.9M–$12.8M.
- How many employees does Skulls Unlimited International have?
- About 23, from its 2025 retirement-plan filing.
- When was Skulls Unlimited International founded?
- Skulls Unlimited International has been in business since 1986.