Theo's Marketplace Inc
How we got $746K
Based on its 12 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 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Theo's Marketplace is a Norman, OK furniture, home accessories and antiques business run by Jerry Crewson, his wife Teddie, his brother Phil and staff, providing customers with quality merchandise for their home. It is a Stickley dealer with a 16,000 square foot showroom on Bart Conner Dr.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Stickley · brand it sells or installs
- Barcalounger · brand it sells or installs
- Mayo · brand it sells or installs
- Palliser · brand it sells or installs
- Paladin · brand it sells or installs
Estimated value over time
▲ 10% 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 |
|---|---|---|
| THEO'S MARKETPLACE INC this business | $4.1M | — |
| HENRY HOME INTERIORS, LLC Norman · 5 employees | $1.7M | 1.3 mi |
| COPELIN CONTRACT, LLC Norman · 2 employees | $1.0M | 1.5 mi |
| TRIMBLE AND KOWALCZYK LLC Norman · 3 employees | $2.7M | 2.1 mi |
| MISTER ROBERT INC. Norman · 13 employees | $3.7M | 3.5 mi |
| MATTRESS DISCOUNTER LLC Oklahoma City · 2 employees | $1.3M | 6.6 mi |
| CGW ENTERPRISES LLC Norman · 2 employees | $1.0M | 7.1 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $4.1M |
| EBITDA margin (industry, adjusted for size) | 8% |
| 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 | $746K |
| Multiple for this size and industry | 2.4× |
| Value range | $393K – $1.0M |
| Revenue range | $2.7M – $4.7M |
| EBITDA range | $204K – $354K |
| Industry (NAICS) | Retail Trade (442110) |
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
“For over 50 years, Jerry Crewson, his wife Teddie, his brother Phil and the Theo's staff have been in the business of providing their customers with quality merchandise for their home.”
Advisors
- BankingArvest Bank, BOKF, National AssociationPPP / 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
| BOKF, National Association PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $51K | 12 |
| 2/6/2021 | second | $44K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Theo's Marketplace Inc
Theo's Marketplace Inc is a retail trade company in Norman, Oklahoma, in business since 2002. It is owned by Jerry Crewson. Its estimated annual revenue is about $4.1M, with roughly $311K of EBITDA. It has about 12 employees. Its estimated business value is $746K (likely range $393K–$1.0M).
Common questions
- Who owns Theo's Marketplace Inc?
- Theo's Marketplace Inc is owned by Jerry Crewson, according to public sources such as the company's website or filings.
- How much revenue does Theo's Marketplace Inc make?
- SeeBITDA estimates Theo's Marketplace Inc's annual revenue at about $4.1M (likely between $2.7M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Theo's Marketplace Inc worth?
- About $746K, roughly 2.4× its estimated EBITDA of $311K, typical for a retail trade company its size. Likely range: $393K–$1.0M.
- How many employees does Theo's Marketplace Inc have?
- About 12, as reported on its PPP loan.
- When was Theo's Marketplace Inc founded?
- Theo's Marketplace Inc has been in business since 2002.