Smith Home Furnishings, Ltd.
How we got $2.1M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 105 years (since 1921)
From public records and the company's website, not a statement that it's for sale.
What they do
Smith Home Furnishings is a locally owned and operated furniture store in Ponca City, Oklahoma, serving the community for almost 100 years. It aims to be the best furniture store in Northern Oklahoma and Southern Kansas.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Amish Essentials · brand it sells or installs
- Archbold Furniture, Co · brand it sells or installs
- Ashley Furniture · brand it sells or installs
- baselogic · brand it sells or installs
- Bedgear · brand it sells or installs
- Benchcraft · brand it sells or installs
- Hammary Furniture · brand it sells or installs
- La-Z-Boy Furniture · brand it sells or installs
- Mattress 1st · brand it sells or installs
- Millennium by Ashley · brand it sells or installs
- Sealy · brand it sells or installs
- Serta · brand it sells or installs
- Sierra Sleep by Ashley · brand it sells or installs
- Signature Design by Ashley · brand it sells or installs
- Stearns & Foster · brand it sells or installs
Estimated value over time
▼ 9% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SMITH HOME FURNISHINGS, LTD. this business | $11.7M | — |
| JKN, INC. Ponca City · 2 employees | $1.4M | 0.6 mi |
| ANDERSON CARPET INC Ponca City · 5 employees | $3.6M | 1.9 mi |
| BILL MOCK FASHION FLOORS AND INTERIORS, INC. Ponca City · 5 employees | $2.3M | 2.3 mi |
| SALT CREEK MARKETPLACE LLC Pawhuska · 5 employees | $2.3M | 40.6 mi |
| MCCOLLOMS, INC. Stillwater · 12 employees | $6.0M | 42.1 mi |
| TYPO, LLC Stillwater · 3 employees | $981K | 42.9 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.6M |
| Estimate: the two combined (geometric mean) | $11.7M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $706K |
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 | $2.1M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $2.9M |
| Revenue range | $7.7M – $13.3M |
| EBITDA range | $464K – $805K |
| Industry (NAICS) | Retail Trade (442299) |
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
People & advisors
Leadership
- LSLarry SmithSignatory of letter from the Smith family (no stated role) · Company website · source
Advisors
- BankingRCB 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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $199K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Smith Home Furnishings, Ltd.
Smith Home Furnishings, Ltd. is a family-owned retail trade company in Ponca City, Oklahoma, in business since 1921. Its estimated annual revenue is about $11.7M, with roughly $706K of EBITDA. It has about 21 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Smith Home Furnishings, Ltd.?
- The owner of Smith Home Furnishings, Ltd. 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 Smith Home Furnishings, Ltd. make?
- SeeBITDA estimates Smith Home Furnishings, Ltd.'s annual revenue at about $11.7M (likely between $7.7M and $13.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smith Home Furnishings, Ltd. worth?
- About $2.1M, roughly 3× its estimated EBITDA of $706K, typical for a retail trade company its size. Likely range: $1.1M–$2.9M.
- How many employees does Smith Home Furnishings, Ltd. have?
- About 21, as reported on its PPP loan.
- When was Smith Home Furnishings, Ltd. founded?
- Smith Home Furnishings, Ltd. has been in business since 1921.