Spot Lite Magic & Costumes, Inc.
How we got $402K
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 16% 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 |
|---|---|---|
| SPOT LITE MAGIC & COSTUMES, INC. this business | $1.6M | — |
| HOBBY TOWN USA Tulsa · 11 employees | $3.4M | 0.0 mi |
| FLYING JUPITER MANAGMENT LLC Tulsa · 1 employees | $974K | 0.5 mi |
| YAHN ENTERPRISES INC Tulsa · 5 employees | $1.3M | 1.1 mi |
| JOANN'S TAILOR SHOP LLC Tulsa · 5 employees | $1.6M | 1.2 mi |
| MIDWEST RACQUETBALL AND SPORTING GOODS DISTRIBUTION, INC. Tulsa · 40 employees | $26.7M | 1.7 mi |
| MIDWEST RAQUETBALL AND SPORTING GOODS DIST. INC. Tulsa · 41 employees | $27.0M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $300K |
| Revenue = employees × revenue per employee | $1.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $201K |
| Cross-check: revenue implied by PPP payroll | $182K |
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 | $402K |
| Multiple for this size and industry | 2× |
| Value range | $190K – $571K |
| Revenue range | $968K – $1.9M |
| EBITDA range | $119K – $238K |
| Industry (NAICS) | Retail Trade (451120) |
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: 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
Advisors
- BankingAVB 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 Roles are as stated there and may be out of date.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
| AVB Bank PPP 2020, PPP 2021 | All 309 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/11/2020 | first | $2K | 2 |
| 1/20/2021 | second | $12K | 3 |
3 locations
| 6808 S MEMORIAL DR | Tulsa | This listing |
| 404 W Will Rogers Blvd | Claremore | View |
| 4946 E 21st St | Tulsa | 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 Spot Lite Magic & Costumes, Inc.
Spot Lite Magic & Costumes, Inc. is a retail trade company in Tulsa, Oklahoma, in business since 2000. Its estimated annual revenue is about $1.6M, with roughly $201K of EBITDA. It has about 3 employees. Its estimated business value is $402K (likely range $190K–$571K). It has 3 locations.
Common questions
- Who owns Spot Lite Magic & Costumes, Inc.?
- The owner of Spot Lite Magic & Costumes, 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 Spot Lite Magic & Costumes, Inc. make?
- SeeBITDA estimates Spot Lite Magic & Costumes, Inc.'s annual revenue at about $1.6M (likely between $968K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spot Lite Magic & Costumes, Inc. worth?
- About $402K, roughly 2× its estimated EBITDA of $201K, typical for a retail trade company its size. Likely range: $190K–$571K.
- How many employees does Spot Lite Magic & Costumes, Inc. have?
- About 3, as reported on its PPP loan.
- When was Spot Lite Magic & Costumes, Inc. founded?
- Spot Lite Magic & Costumes, Inc. has been in business since 2000.