Smith & Smith Optometrist Inc
How we got $773K
Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 16% since 2021Today'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 & SMITH OPTOMETRIST INC this business | $1.2M | — |
| SMITH & SMITH OPTOMETRISTS, INC Alva · 5 employees | $1.2M | 0.0 mi |
| Alva Vision Clinic Alva | $1.0M | 0.0 mi |
| Ignite Physical Therapy and Sports Rehab Alva | $1.0M | 0.1 mi |
| Northwest Family Services Inc Alva | $965K | 0.1 mi |
| JORDAN CHIROPRACTIC P.C. Alva · 2 employees | $536K | 0.2 mi |
| KIMBR ENTERPRISES, LLC Alva · 2 employees | $430K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $861K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $258K |
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 | $773K |
| Multiple for this size and industry | 3× |
| Value range | $407K – $1.1M |
| Revenue range | $787K – $1.4M |
| EBITDA range | $169K – $294K |
| Industry (NAICS) | Offices of Optometrists (621320) |
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
- BankingAlva State Bank & Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| Alva State Bank & Trust Company PPP 2021 | All 172 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2021 | second | $46K | 5 |
About Smith & Smith Optometrist Inc
Smith & Smith Optometrist Inc is an offices of optometrists company in Alva, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $258K of EBITDA. It has about 5 employees. Its estimated business value is $773K (likely range $407K–$1.1M).
Common questions
- Who owns Smith & Smith Optometrist Inc?
- The owner of Smith & Smith Optometrist 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 Smith & Smith Optometrist Inc make?
- SeeBITDA estimates Smith & Smith Optometrist Inc's annual revenue at about $1.2M (likely between $787K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smith & Smith Optometrist Inc worth?
- About $773K, roughly 3× its estimated EBITDA of $258K, typical for a offices of optometrists company its size. Likely range: $407K–$1.1M.
- How many employees does Smith & Smith Optometrist Inc have?
- About 5, as reported on its PPP loan.