SeeBITDAOklahoma

Thrifty Pharmacy Co III, Inc.

Pharmacies
  • 10904 N. MAY AVE ste L, Oklahoma City, OK
  • Since 2017
  • NAICS 446110
Estimated valueMedium confidence
$2.6M
$1.3Mlikely range$3.5M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$12.8M
a year
Profit (EBITDA)
$851K
7% of revenue
Employees
26
reported in 2020
Leadership
Dani Colston
President Owner · source
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.
thriftypharmacyokc.comLinkedIn
Contact
Find Dani Colston on RocketReach Request removal or correction

How we got $2.6M

Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.

26 employees × $510K each$13.3M
PPP payroll ÷ payroll's usual share of revenue$9.5M
Shown toward the top of its range×1.14
Revenue$12.8M
× 7% profit margin$851K
× 3 sale multiple = value$2.6M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

What they do

Thrifty Pharmacy is a neighborhood pharmacy serving Edmond and North OKC families for over 40 years, offering prescriptions, compounding, vaccinations and home medical equipment.

Products & services
PrescriptionsPediatric & Pet FlavoringCompoundingVaccinations & ClinicsHome Medical EquipmentSenior Living ServicesConvenient delivery servicesOrder online, in our app, or by phoneEasy RefillsMobility aids, diabetic supplies, and home health solutions
Markets served
FamiliesKids and pets
Service area
EdmondNorth OKCOKC

From the company's website. Industry: Pharmacies.

Estimated value over time

▲ 24% since 2020
$0$1.5M$2.9M20202026

Today'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

BusinessEst. revenueEst. profitDistance
THRIFTY PHARMACY CO III, INC.
this business
$12.8M$851K—
SOOO LILLY EXCLUSIVE COSMETICS
Oklahoma City · 2 employees
$1.3M$109K0.8 mi
TGD, LLC
Oklahoma City · 73 employees
$30.0M$1.9M0.9 mi
MERIDIAN PHARMACY MANAGEMENT, INC.
Oklahoma City · 10 employees
$8.3M$552K1.0 mi
EBONY BEAUTY SUPPLY,INC.
Oklahoma City · 13 employees
$7.5M$499K1.8 mi
HEAR AGAIN HEARING AID LAB, LLC
Oklahoma City · 5 employees
$2.2M$181K1.8 mi
SNJ ENTERPRISES LLC
Oklahoma City · 3 employees
$1.4M$117K2.1 mi

The full calculation

Employees reported to the SBA26
Revenue from headcount (employees × revenue per employee for companies this size)$13.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$9.5M
Estimate: the two combined (geometric mean)$12.8M
EBITDA margin (industry, adjusted for size)7%
EBITDA = revenue × margin$851K

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$2.6M
Multiple for this size and industry3×
Value range$1.3M – $3.5M
Revenue range$8.4M – $14.6M
EBITDA range$560K – $971K
Industry (NAICS)Retail Trade (446110)

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

History & advisors

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

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$162K$163K26NBC Oklahoma

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Thrifty Pharmacy Co III, Inc.

Thrifty Pharmacy Co III, Inc. is a pharmacies company in Oklahoma City, Oklahoma, in business since 2017. It is owned by Dani Colston (President Owner). Its estimated annual revenue is about $12.8M, with roughly $851K of EBITDA. It has about 26 employees. Its estimated business value is $2.6M (likely range $1.3M–$3.5M).

Common questions

Who owns Thrifty Pharmacy Co III, Inc.?
Thrifty Pharmacy Co III, Inc. is owned by Dani Colston (President Owner), according to public sources such as the company's website or filings.
How much revenue does Thrifty Pharmacy Co III, Inc. make?
SeeBITDA estimates Thrifty Pharmacy Co III, Inc.'s annual revenue at about $12.8M (likely between $8.4M and $14.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Thrifty Pharmacy Co III, Inc. worth?
About $2.6M, roughly 3× its estimated EBITDA of $851K, typical for a pharmacies company its size. Likely range: $1.3M–$3.5M.
How many employees does Thrifty Pharmacy Co III, Inc. have?
About 26, as reported on its PPP loan.
When was Thrifty Pharmacy Co III, Inc. founded?
Thrifty Pharmacy Co III, Inc. has been in business since 2017.