Sorrell Custom Boots
How we got $70K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Sorrell Custom Boots, run by bespoke boot maker Lisa Sorrell in Guthrie, OK, makes custom cowboy boots by hand in her shop, with prices beginning at $10,000. Lisa also owns Sorrell Notions and Findings, a source for boot and shoe making tools, leather, and supplies.
From the company's website. Industry: Footwear Manufacturing.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SORRELL CUSTOM BOOTS this business | $244K | — |
| Sorrell Notions and Findings Guthrie | $3.0M | 0.0 mi |
| Guthrie Brewing Company Guthrie | $3.5M | 0.2 mi |
| Oklahoma Mini Mill Guthrie | $3.0M | 0.9 mi |
| 89erblacksmith Guthrie | $3.0M | 1.2 mi |
| Zivko Aeronautics Inc Guthrie | $3.0M | 1.8 mi |
| Newby-Vance Mobility North OKC Guthrie | $3.0M | 3.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $349K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $132K |
| Estimate: the two combined (geometric mean) | $244K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $28K |
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 | $70K |
| Multiple for this size and industry | 2.5× |
| Value range | $37K – $95K |
| Revenue range | $161K – $278K |
| EBITDA range | $18K – $32K |
| Industry (NAICS) | Footwear Manufacturing (316210) |
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
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 2020 | 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 |
|---|---|---|---|
| 4/16/2020 | first | $3K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sorrell Custom Boots
Sorrell Custom Boots is a footwear manufacturing company in Guthrie, Oklahoma, in business since 2018. It is owned by Lisa Sorrell. Its estimated annual revenue is about $244K, with roughly $28K of EBITDA. It has about 1 employees. Its estimated business value is $70K (likely range $37K–$95K).
Common questions
- Who owns Sorrell Custom Boots?
- Sorrell Custom Boots is owned by Lisa Sorrell, according to public sources such as the company's website or filings.
- How much revenue does Sorrell Custom Boots make?
- SeeBITDA estimates Sorrell Custom Boots's annual revenue at about $244K (likely between $161K and $278K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sorrell Custom Boots worth?
- About $70K, roughly 2.5× its estimated EBITDA of $28K, typical for a footwear manufacturing company its size. Likely range: $37K–$95K.
- How many employees does Sorrell Custom Boots have?
- About 1, as reported on its PPP loan.
- When was Sorrell Custom Boots founded?
- Sorrell Custom Boots has been in business since 2018.