The Formal Niche, LLC
How we got $120K
Based on 2 employees reported for PPP in 2020, grown 8% a year since.
Estimated value over time
▲ 103% 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
What they do
The Formal Niche is a locally owned bridal boutique in Oklahoma City that sells alternative, traditional and contemporary off-the-rack wedding dresses, and also offers alterations and formalwear for brides and their wedding parties.
From the company's website. Industry: Clothing and Clothing Accessories Retailers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| THE FORMAL NICHE, LLC this business | $489K | — |
| Lookin' Fab-YOU-lous Boutique Yukon | $1.7M | 2.4 mi |
| ONE FAITH BOUTIQUE LLC Yukon · 22 employees | $5.4M | 2.6 mi |
| Victoria's Secret & PINK Oklahoma City | $6.7M | 4.9 mi |
| Levi’s Outlet Store Oklahoma City | $1.7M | 5.3 mi |
| Papa's Leather Bethany | $22.5M | 6.7 mi |
| The Formal Niche Bridal and Prom Warr Acres | $1.7M | 7.7 mi |
Ranges & sources
| Revenue range | $366K – $635K |
| EBITDA range | $45K – $78K |
| Industry (NAICS) | Clothing and Clothing Accessories Retailers (458110) |
| Value range | $72K – $187K |
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
“The Formal Niche has spent more than a decade helping brides and formalwear customers throughout Oklahoma find something that makes them feel incredible.”
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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/15/2020 | first | $4K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About The Formal Niche, LLC
The Formal Niche, LLC is a clothing and clothing accessories retailers company in Yukon, Oklahoma, in business since 2013. Its estimated annual revenue is about $489K, with roughly $60K of EBITDA. It has about 2 employees. Its estimated business value is $120K (likely range $72K–$187K).
Common questions
- Who owns The Formal Niche, LLC?
- The owner of The Formal Niche, LLC 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 Formal Niche, LLC make?
- SeeBITDA estimates The Formal Niche, LLC's annual revenue at about $489K (likely between $366K and $635K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Formal Niche, LLC worth?
- About $120K, roughly 2× its estimated EBITDA of $60K, typical for a clothing and clothing accessories retailers company its size. Likely range: $72K–$187K.
- How many employees does The Formal Niche, LLC have?
- About 2, as reported on its PPP loan.
- When was The Formal Niche, LLC founded?
- The Formal Niche, LLC has been in business since 2013.