SeeBITDAOklahoma

Stillwater Dental Associates

Estimated valueMedium confidence
$2.8M
$1.5Mlikely range$3.8M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$3.2M
a year
Profit (EBITDA)
$615K
19% of revenue
Employees
13
reported in 2020
Leadership
Dr. Zach McNickle
Founder · source
Likely to sell

How we got $2.8M

Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.

13 employees × $208K each$2.7M
PPP payroll ÷ payroll's usual share of revenue$2.8M
Shown toward the top of its range×1.14
Revenue$3.2M
× 19% profit margin$615K
× 4.5 sale multiple = value$2.8M

· Own this business? Correct these figures

Estimated value over time

▲ 31% since 2020
$0$1.7M$3.4M2020202120222026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 23% since 2020
010202020202120221316
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan13$2.1M$400K
2020Form 550014$2.2M$431K
2021Form 550015$2.4M$462K
2022Form 550016$2.5M$492K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2022
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 48 years (since 1978)
  • Founder still runs it after 48 years

From public records and the company's website, not a statement that it's for sale.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
STILLWATER DENTAL ASSOCIATES
this business
$3.2M$615K—
ROBERT L MOORE DDS INC.
Stillwater · 4 employees
$1.4M$281K0.3 mi
SCHUESSLER ORTHODONTICS PC
Stillwater · 12 employees
$2.4M$469K0.3 mi
ROSE ROCK FAMILY DENTISTRY, PLLC
Stillwater · 6 employees
$1.6M$310K0.4 mi
Sara Bassett Dds
Stillwater
$1.9M$364K0.4 mi
Alan Plaxico Dds
Stillwater
$1.9M$364K0.4 mi
Smile Studio - Stillwater
Stillwater
$1.9M$364K0.4 mi

The full calculation

Employees reported to the SBA13
Revenue from headcount (employees × revenue per employee for companies this size)$2.7M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.8M
Estimate: the two combined (geometric mean)$3.2M
EBITDA margin (industry, adjusted for size)19%
EBITDA = revenue × margin$615K

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$2.8M
Multiple for this size and industry4.5×
Value range$1.5M – $3.8M
Revenue range$2.1M – $3.6M
EBITDA range$405K – $701K
Industry (NAICS)Offices of Dentists (621210)

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

Founded 1978
“Our Stillwater family dentistry was opened in 1978 at the location of Dr. Jungers’ childhood dentist on Washington Street, which is also known by many as the “Strip” and home of the infamous Streaker’s Nights held in the 1970’s!”

Advisors

  • BankingSecurity 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

Security Bank
PPP 2020, PPP 2021
All 617 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/3/2020first$131K$132K13Security Bank
1/17/2021second$131K$131K13Security Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Stillwater Dental Associates

Stillwater Dental Associates is a dentists company in Stillwater, Oklahoma, in business since 1978. It is owned by Dr. Zach McNickle (Founder). Its estimated annual revenue is about $3.2M, with roughly $615K of EBITDA. It has about 16 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).

Common questions

Who owns Stillwater Dental Associates?
Stillwater Dental Associates is owned by Dr. Zach McNickle (Founder), according to public sources such as the company's website or filings.
How much revenue does Stillwater Dental Associates make?
SeeBITDA estimates Stillwater Dental Associates's annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Stillwater Dental Associates worth?
About $2.8M, roughly 4.5× its estimated EBITDA of $615K, typical for a dentists company its size. Likely range: $1.5M–$3.8M.
How many employees does Stillwater Dental Associates have?
About 16, from its 2022 retirement-plan filing.
When was Stillwater Dental Associates founded?
Stillwater Dental Associates has been in business since 1978.
Is Stillwater Dental Associates for sale?
There's no public listing, but it shows signs that often come before a sale: in business 48 years (since 1978); founder still runs it after 48 years.