The Parks Assisted Living LLC
How we got $933K
Based on its 41 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
The Parke is a licensed assisted living facility in Tulsa, Oklahoma that offers seniors a safe, caring community with private residences, meals, activities and care coordination.
From the company's website. Industry: Assisted Living Facilities for the Elderly.
Estimated value over time
▲ 22% 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 PARKS ASSISTED LIVING LLC this business | $4.9M | — |
| AALL CARE LIVING SERVICES INC Tulsa · 122 employees | $12.5M | 0.3 mi |
| The Cottage At Woodland Hills Tulsa | $3.8M | 0.3 mi |
| Legend At Mingo Road Tulsa | $3.8M | 1.1 mi |
| Autumn Leaves Of Tulsa Tulsa | $3.8M | 1.2 mi |
| Colonial Oaks at Tulsa Tulsa | $3.8M | 1.2 mi |
| Brookdale Senior Living Tulsa | $3.8M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.6M |
| Estimate: the two combined (geometric mean) | $4.9M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $311K |
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 | $933K |
| Multiple for this size and industry | 3× |
| Value range | $491K – $1.3M |
| Revenue range | $3.2M – $5.6M |
| EBITDA range | $205K – $355K |
| Industry (NAICS) | Assisted Living Facilities for the Elderly (623312) |
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
People & advisors
“The Parke was built by, and is still owned by, life-long Tulsans who saw a need for safe, comfortable assisted living in the Tulsa area.”
Leadership
- MMMichayne MorrisExecutive Director · Company website · source
- BBBrett BakerDirector of Admissions and Marketing · Company website · source
- DJDr. James Meehan, MDChief Preventative & Wellness Specialist · Company website · source
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 |
|---|---|---|---|
| 4/16/2020 | first | $260K | 41 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About The Parks Assisted Living LLC
The Parks Assisted Living LLC is a family-owned assisted living facilities for the elderly company in Tulsa, Oklahoma, in business since 2018. Its estimated annual revenue is about $4.9M, with roughly $311K of EBITDA. It has about 41 employees. Its estimated business value is $933K (likely range $491K–$1.3M).
Common questions
- Who owns The Parks Assisted Living LLC?
- The owner of The Parks Assisted Living 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 Parks Assisted Living LLC make?
- SeeBITDA estimates The Parks Assisted Living LLC's annual revenue at about $4.9M (likely between $3.2M and $5.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Parks Assisted Living LLC worth?
- About $933K, roughly 3× its estimated EBITDA of $311K, typical for a assisted living facilities for the elderly company its size. Likely range: $491K–$1.3M.
- How many employees does The Parks Assisted Living LLC have?
- About 41, as reported on its PPP loan.
- When was The Parks Assisted Living LLC founded?
- The Parks Assisted Living LLC has been in business since 2018.