Studio D Photography Inc.
How we got $349K
Based on its 4 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 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Studio D is a locally owned photo lab and media digitization business in Broken Arrow, Oklahoma, serving Tulsa and the surrounding area. It offers photo scanning, restoration and printing, video transfers, and film digitization for individuals preserving family memories.
From the company's website. Industry: Photography Studios, Portrait.
Estimated value over time
▲ 11% 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 |
|---|---|---|
| STUDIO D PHOTOGRAPHY INC. this business | $600K | — |
| AERIAL DATA SERVICE, INC. Tulsa · 39 employees | $12.5M | 0.7 mi |
| THE FIGGINS GROUP LTD Tulsa · 1 employees | $436K | 0.8 mi |
| SIGNAL COMMUNCIATIONS INC Tulsa | $3.1M | 1.0 mi |
| GROVES FAMILY & COSMETIC DENTISTRY, PLLC Tulsa · 12 employees | $3.0M | 1.2 mi |
| SPEARS AND ASSOCIATES, INC. Tulsa · 7 employees | $3.4M | 1.2 mi |
| DAVIS BROKERAGE INC Tulsa · 6 employees | $1.8M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $892K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $310K |
| Estimate: the two combined (geometric mean) | $600K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $139K |
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 | $349K |
| Multiple for this size and industry | 2.5× |
| Value range | $184K – $477K |
| Revenue range | $395K – $684K |
| EBITDA range | $92K – $159K |
| Industry (NAICS) | Photography Studios, Portrait (541921) |
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
History & 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 | All 309 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $9K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Studio D Photography Inc.
Studio D Photography Inc. is a photography studios, portrait company in Tulsa, Oklahoma, in business since 2008. Its estimated annual revenue is about $600K, with roughly $139K of EBITDA. It has about 4 employees. Its estimated business value is $349K (likely range $184K–$477K).
Common questions
- Who owns Studio D Photography Inc.?
- The owner of Studio D Photography 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 Studio D Photography Inc. make?
- SeeBITDA estimates Studio D Photography Inc.'s annual revenue at about $600K (likely between $395K and $684K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Studio D Photography Inc. worth?
- About $349K, roughly 2.5× its estimated EBITDA of $139K, typical for a photography studios, portrait company its size. Likely range: $184K–$477K.
- How many employees does Studio D Photography Inc. have?
- About 4, as reported on its PPP loan.
- When was Studio D Photography Inc. founded?
- Studio D Photography Inc. has been in business since 2008.