Studio 22
How we got $550K
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 37% 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
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Studio 22 is the art studio of Kristin FitzGerrell, who makes mixed media, collage, assemblage and custom commissioned artwork and functional art from salvaged and recycled materials. It serves clients such as restaurants, residential customers and families.
From the company's website. Industry: Independent Artists, Writers, and Performers.
Customers & suppliers
Customers
- Local, Lyons · named on its website
- Dish Gourmet, Boulder · named on its website
- Pica's, Boulder · named on its website
- Stout Street Social, Denver · named on its website
- Makerie · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SANTIAGO-BRENNAN'S MCDONALD'S INC. · Edmond, 59 mi · $74.6M
- OZARK PIZZA COMPANY, LLC · Oklahoma City, 59 mi · $67.8M
- CB RESTAURANTS, INC. · Oklahoma City, 58 mi · $53.9M
- MAGNUM FOODS, INC. · Oklahoma City, 64 mi · $43.1M
- O&M TB, LLC · Oklahoma City, 64 mi · $39.1M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| STUDIO 22 this business | $939K | — |
| Studio 22 Enid | $436K | 1.7 mi |
| CLOVER, INC Guthrie · 2 employees | $1.9M | 45.6 mi |
| SILVER PHOENIX LLC Guthrie · 11 employees | $4.5M | 46.1 mi |
| BRANDON REESE ART LLC Stillwater · 1 employees | $939K | 49.4 mi |
| RTO PRODUCTIONS L.L.C. Stillwater · 1 employees | $709K | 51.0 mi |
| J BRYANT CREATIVE LLC Piedmont · 1 employees | $594K | 51.4 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $109K |
| Revenue = employees × revenue per employee | $939K |
| EBITDA margin (industry, adjusted for size) | 26% |
| EBITDA = revenue × margin | $239K |
| Cross-check: revenue implied by PPP payroll | $104K |
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 | $550K |
| Multiple for this size and industry | 2.3× |
| Value range | $261K – $782K |
| Revenue range | $555K – $1.1M |
| EBITDA range | $142K – $283K |
| Industry (NAICS) | Independent Artists, Writers, and Performers (711510) |
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, 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
- BankingBMO Bank National AssociationPPP / 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
| BMO Bank National Association PPP 2020 | All 119 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $4K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Studio 22
Studio 22 is an independent artists, writers, and performers company in Enid, Oklahoma, in business since 2008. Its estimated annual revenue is about $939K, with roughly $239K of EBITDA. It has about 1 employees. Its estimated business value is $550K (likely range $261K–$782K).
Common questions
- Who owns Studio 22?
- The owner of Studio 22 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 Studio 22 make?
- SeeBITDA estimates Studio 22's annual revenue at about $939K (likely between $555K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Studio 22 worth?
- About $550K, roughly 2.3× its estimated EBITDA of $239K, typical for a independent artists, writers, and performers company its size. Likely range: $261K–$782K.
- How many employees does Studio 22 have?
- About 1, as reported on its PPP loan.
- When was Studio 22 founded?
- Studio 22 has been in business since 2008.