The Enchanted Door
How we got $423K
Based on its 8 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 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
What they do
The Enchanted Door is a gift and decorative accessory store in Altus, Oklahoma, selling magical goods, open since 1993. It offers gifts for everyone, including products for the home, men, kids, and bath and body items.
From the company's website. Industry: Retail Trade.
Estimated value over time
▲ 17% 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 |
|---|---|---|
| THE ENCHANTED DOOR this business | $2.3M | — |
| SAKURA STEAKHOUSE, LLC Altus · 10 employees | $4.1M | 0.2 mi |
| ALTUS WHOLESALE, INC. Altus · 1 employees | $764K | 0.3 mi |
| JZ'S BODY SHOP LLC Altus · 1 employees | $731K | 0.8 mi |
| THOMPSON POOLS OF ALTUS, INC Altus · 8 employees | $4.1M | 1.5 mi |
| SOLIS DESIGN COMPANY LLC Altus · 6 employees | $1.7M | 2.1 mi |
| BLAIR TREASURE CHEST, L.L.C. Blair · 4 employees | $2.6M | 9.8 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $211K |
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 | $423K |
| Multiple for this size and industry | 2× |
| Value range | $222K – $578K |
| Revenue range | $1.5M – $2.7M |
| EBITDA range | $139K – $241K |
| Industry (NAICS) | Retail Trade (453998) |
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
Leadership
- LWLisa Worrellstore owner · Company website · source
Advisors
- BankingNBC OklahomaPPP / 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
| NBC Oklahoma PPP 2020 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $19K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About The Enchanted Door
The Enchanted Door is a retail trade company in Altus, Oklahoma, in business since 2009. It is owned by Sidney Tyner (store owner). Its estimated annual revenue is about $2.3M, with roughly $211K of EBITDA. It has about 8 employees. Its estimated business value is $423K (likely range $222K–$578K).
Common questions
- Who owns The Enchanted Door?
- The Enchanted Door is owned by Sidney Tyner (store owner), according to public sources such as the company's website or filings.
- How much revenue does The Enchanted Door make?
- SeeBITDA estimates The Enchanted Door's annual revenue at about $2.3M (likely between $1.5M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Enchanted Door worth?
- About $423K, roughly 2× its estimated EBITDA of $211K, typical for a retail trade company its size. Likely range: $222K–$578K.
- How many employees does The Enchanted Door have?
- About 8, as reported on its PPP loan.
- When was The Enchanted Door founded?
- The Enchanted Door has been in business since 2009.