T-Town Bicycles Inc.
How we got $1.6M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 32% 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 |
|---|---|---|
| T-TOWN BICYCLES INC. this business | $5.2M | — |
| PAINTN PLACE STUDIO LLC Tulsa · 14 employees | $3.1M | 0.8 mi |
| COVENANT TCG, INC. Tulsa · 7 employees | $3.1M | 1.2 mi |
| CITY CYCLES LLC Jenks · 3 employees | $2.4M | 2.6 mi |
| FLEET FEET SPORTS TULSA, INC. Tulsa · 40 employees | $14.4M | 2.8 mi |
| BILL MILLER PIANO WAREHOUSE, LLC Tulsa · 1 employees | $607K | 2.9 mi |
| JSJ, INCORPORATED Tulsa · 16 employees | $8.7M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.0M |
| Estimate: the two combined (geometric mean) | $5.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $527K |
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 | $1.6M |
| Multiple for this size and industry | 3× |
| Value range | $831K – $2.2M |
| Revenue range | $3.4M – $5.9M |
| EBITDA range | $346K – $600K |
| Industry (NAICS) | Retail Trade (451110) |
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $84K | 8 |
2 locations
| 1660 e 71st street suite f | Tulsa | This listing |
| 4329 S Peoria Ave | Tulsa | View |
Revenue, profit and value are for the whole company.
About T-Town Bicycles Inc.
T-Town Bicycles Inc. is a retail trade company in Tulsa, Oklahoma. Its estimated annual revenue is about $5.2M, with roughly $527K of EBITDA. It has about 8 employees. Its estimated business value is $1.6M (likely range $831K–$2.2M). It has 2 locations.
Common questions
- Who owns T-Town Bicycles Inc.?
- The owner of T-Town Bicycles 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 T-Town Bicycles Inc. make?
- SeeBITDA estimates T-Town Bicycles Inc.'s annual revenue at about $5.2M (likely between $3.4M and $5.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is T-Town Bicycles Inc. worth?
- About $1.6M, roughly 3× its estimated EBITDA of $527K, typical for a retail trade company its size. Likely range: $831K–$2.2M.
- How many employees does T-Town Bicycles Inc. have?
- About 8, as reported on its PPP loan.