Toast Design Studio
How we got $388K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 20% 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 |
|---|---|---|
| TOAST DESIGN STUDIO this business | $667K | — |
| Quite Right Studio Norman | $1.0M | 0.2 mi |
| STUBBLE INC Norman · 2 employees | $766K | 0.5 mi |
| Grace Consulting, Llc Norman | $1.0M | 0.9 mi |
| Prime Architects Norman | $1.0M | 1.0 mi |
| FASTSIGNS Norman | $1.0M | 1.1 mi |
| Glover Architects Pc Norman | $1.0M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $893K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $384K |
| Estimate: the two combined (geometric mean) | $667K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $155K |
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 | $388K |
| Multiple for this size and industry | 2.5× |
| Value range | $204K – $531K |
| Revenue range | $439K – $761K |
| EBITDA range | $102K – $177K |
| Industry (NAICS) | Graphic Design Services (541430) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/28/2020 | first | $11K | 4 |
About Toast Design Studio
Toast Design Studio is a graphic design services company in Norman, Oklahoma. Its estimated annual revenue is about $667K, with roughly $155K of EBITDA. It has about 4 employees. Its estimated business value is $388K (likely range $204K–$531K).
Common questions
- Who owns Toast Design Studio?
- The owner of Toast Design Studio 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 Toast Design Studio make?
- SeeBITDA estimates Toast Design Studio's annual revenue at about $667K (likely between $439K and $761K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Toast Design Studio worth?
- About $388K, roughly 2.5× its estimated EBITDA of $155K, typical for a graphic design services company its size. Likely range: $204K–$531K.
- How many employees does Toast Design Studio have?
- About 4, as reported on its PPP loan.