Somerville Chiropractic Inc
How we got $228K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 38% 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 |
|---|---|---|
| SOMERVILLE CHIROPRACTIC INC this business | $361K | — |
| Don Martin Eye Center Ardmore | $990K | 0.1 mi |
| LYNCH FAMILY SERVICES LLC Ardmore · 9 employees | $1.3M | 0.2 mi |
| RAINWATER COUNSELING, LLC Ardmore · 1 employees | $271K | 0.2 mi |
| Lfs Counseling Ardmore | $990K | 0.2 mi |
| Red Earth Counseling Ardmore | $990K | 0.2 mi |
| Dai Center Ardmore | $990K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $367K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $273K |
| Estimate: the two combined (geometric mean) | $361K |
| EBITDA margin (industry, adjusted for size) | 25% |
| EBITDA = revenue × margin | $91K |
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 | $228K |
| Multiple for this size and industry | 2.5× |
| Value range | $120K – $312K |
| Revenue range | $237K – $412K |
| EBITDA range | $60K – $104K |
| Industry (NAICS) | Offices of chiropractors (621310) |
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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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 Roles are as stated there and may be out of date.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 National Bank and Trust Company of Ardmore PPP 2020 | All 457 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 | $9K | 2 |
About Somerville Chiropractic Inc
Somerville Chiropractic Inc is a chiropractors & therapists company in Ardmore, Oklahoma. Its estimated annual revenue is about $361K, with roughly $91K of EBITDA. It has about 2 employees. Its estimated business value is $228K (likely range $120K–$312K).
Common questions
- Who owns Somerville Chiropractic Inc?
- The owner of Somerville Chiropractic 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 Somerville Chiropractic Inc make?
- SeeBITDA estimates Somerville Chiropractic Inc's annual revenue at about $361K (likely between $237K and $412K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Somerville Chiropractic Inc worth?
- About $228K, roughly 2.5× its estimated EBITDA of $91K, typical for a chiropractors & therapists company its size. Likely range: $120K–$312K.
- How many employees does Somerville Chiropractic Inc have?
- About 2, as reported on its PPP loan.