SeeBITDAOklahoma

The Eye Institute, Inc.

Offices of Optometrists
  • 2000 S Wheeling Ave Suite 500, Tulsa, OK
  • 2 locations
  • NAICS 621320
Estimated valueMedium confidence
$13.3M
$7.0Mlikely range$18.2M
About 5.5× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$16.6M
a year
EBITDA
$2.4M
15% of revenue
Employees
68
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $13.3M

Based on its 68 employees and its payroll, both reported for PPP in 2020 and brought up to date.

68 employees × $189K each$12.8M
PPP payroll ÷ payroll's usual share of revenue$16.5M
Shown toward the top of its range×1.14
Revenue$16.6M
× 15% EBITDA margin$2.4M
× 5.5 sale multiple = value$13.3M

Own this business? Correct these figures

Estimated value over time

▲ 22% since 2020
$0$10.5M$20.9M2020202120222023202420252026

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

▲ 34% since 2020
01002002020202120222023202420256891
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan68$9.1M$1.3M
2020Form 550061$8.1M$1.2M
2021Form 550067$8.9M$1.3M
2022Form 550072$9.6M$1.4M
2023Form 550078$10.4M$1.5M
2024Form 550085$11.3M$1.7M
2025Form 550091$12.1M$1.8M

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, 2025
No reported financials
No website found
Owner not found
2 locations found

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
THE EYE INSTITUTE, INC.
this business
$16.6M$2.4M—
TULSA OPTHALMOLOGY INC.
Tulsa · 1 employees
$278K$70K0.0 mi
Rachel Mathew, APRN, CNP
Tulsa
$1.5M$328K0.0 mi
CENTER FOR MEN'S HEALTH, INC
Tulsa · 7 employees
$1.9M$372K0.0 mi
Marcella Strickland, AUD
Tulsa
$1.5M$328K0.1 mi
Bernsen Inpatient Rehab
Tulsa
$991K$213K0.1 mi
Ascension St. John Chapman Outpatient Rehabilitation
Tulsa
$991K$213K0.1 mi

Ranges & sources

Revenue range$10.9M – $18.9M
EBITDA range$1.6M – $2.8M
Industry (NAICS)Offices of Optometrists (621320)
Value range$7.0M – $18.2M

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

  • BankingMabrey 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

Mabrey Bank
PPP 2020, PPP 2021
All 851 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/27/2020first$682K$687K68Mabrey Bank
2/7/2021second$682K$687K68Mabrey Bank

2 locations

2000 S Wheeling Ave Suite 500TulsaThis listing
7171 S Yale Ave Ste 101TulsaView

Revenue, EBITDA and value are for the whole company.

About The Eye Institute, Inc.

The Eye Institute, Inc. is an offices of optometrists company in Tulsa, Oklahoma. Its estimated annual revenue is about $16.6M, with roughly $2.4M of EBITDA. It has about 91 employees. Its estimated business value is $13.3M (likely range $7.0M–$18.2M). It has 2 locations.

Common questions

Who owns The Eye Institute, Inc.?
The owner of The Eye Institute, 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 The Eye Institute, Inc. make?
SeeBITDA estimates The Eye Institute, Inc.'s annual revenue at about $16.6M (likely between $10.9M and $18.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is The Eye Institute, Inc. worth?
About $13.3M, roughly 5.5× its estimated EBITDA of $2.4M, typical for a offices of optometrists company its size. Likely range: $7.0M–$18.2M.
How many employees does The Eye Institute, Inc. have?
About 91, from its 2025 retirement-plan filing.