Spoon Drug, Inc
How we got $2.9M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 27 years (since 1999)
- Family in the business (Brent Pritchard, Co-owner and manager)
From public records and the company's website, not a statement that it's for sale.
What they do
Spoon Drug is a locally owned pharmacy in Sand Springs, Oklahoma, with Plaza Court and South locations, offering prescriptions, durable medical equipment, compounding, immunizations and home delivery.
From the company's website. Industry: Pharmacies.
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 |
|---|---|---|
| SPOON DRUG, INC this business | $14.6M | — |
| TRIBEX LTC, LLC Sand Springs · 32 employees | $19.2M | 0.7 mi |
| SUCCESS VISION EXPRESS OF SAND SPRINGS, LLC Sand Springs · 7 employees | $2.5M | 1.0 mi |
| BASQUEZ INC Tulsa · 2 employees | $1.7M | 3.8 mi |
| QUALITY FIRST PHARMACY Tulsa · 35 employees | $17.4M | 7.1 mi |
| DOLCE SALON, LLC Tulsa · 1 employees | $597K | 7.3 mi |
| TULSA HILLS PHARMACY LLC Tulsa · 9 employees | $5.5M | 7.6 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.0M |
| Estimate: the two combined (geometric mean) | $14.6M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $973K |
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 | $2.9M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $4.0M |
| Revenue range | $9.6M – $16.7M |
| EBITDA range | $640K – $1.1M |
| Industry (NAICS) | Retail Trade (446110) |
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
- BPBrent PritchardCo-owner and manager · Company website · source
- BCBrock ChancePharmacist · Company website · source
- MLMatt LeePharmacist · Company website · source
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 |
|---|---|---|---|
| 4/7/2020 | first | $239K | 23 |
2 locations
| 540 Plaza Ct | Sand Springs | This listing |
| 540 Plaza Ct | Sand Springs | 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 Spoon Drug, Inc
Spoon Drug, Inc is a pharmacies company in Sand Springs, Oklahoma, in business since 1999. It is owned by Josh Pritchard (Co-owner and manager). Its estimated annual revenue is about $14.6M, with roughly $973K of EBITDA. It has about 23 employees. Its estimated business value is $2.9M (likely range $1.5M–$4.0M). It has 2 locations.
Common questions
- Who owns Spoon Drug, Inc?
- Spoon Drug, Inc is owned by Josh Pritchard (Co-owner and manager), according to public sources such as the company's website or filings.
- How much revenue does Spoon Drug, Inc make?
- SeeBITDA estimates Spoon Drug, Inc's annual revenue at about $14.6M (likely between $9.6M and $16.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spoon Drug, Inc worth?
- About $2.9M, roughly 3× its estimated EBITDA of $973K, typical for a pharmacies company its size. Likely range: $1.5M–$4.0M.
- How many employees does Spoon Drug, Inc have?
- About 23, as reported on its PPP loan.
- When was Spoon Drug, Inc founded?
- Spoon Drug, Inc has been in business since 1999.