Tri-State Veterinary Hospital, PC
How we got $515K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 44% 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
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TRI-STATE VETERINARY HOSPITAL, PC this business | $1.0M | — |
| WOODWARD DRUG & ALCOHOL TESTING LLC Woodward · 2 employees | $759K | 0.4 mi |
| H.O.G. PRODUCTION LLC Woodward · 1 employees | $195K | 0.8 mi |
| WOODWARD ANIMAL HOSPITAL, INC. Woodward · 11 employees | $1.9M | 3.4 mi |
| ELLIS COUNTY ANIMAL HOSPITAL INC. Shattuck · 9 employees | $2.1M | 25.6 mi |
| TNT SERVICES LLC Mutual · 5 employees | $1.9M | 26.0 mi |
| BUFFALO VETERINARY CLINIC PC Buffalo · 8 employees | $2.2M | 29.9 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $823K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $206K |
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 | $515K |
| Multiple for this size and industry | 2.5× |
| Value range | $271K – $704K |
| Revenue range | $683K – $1.2M |
| EBITDA range | $135K – $235K |
| Industry (NAICS) | Veterinary Services (541940) |
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
- BankingThe Stock Exchange 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
| The Stock Exchange Bank PPP 2020 | All 200 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $27K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tri-State Veterinary Hospital, PC
Tri-State Veterinary Hospital, PC is a veterinarians company in Woodward, Oklahoma, in business since 1996. Its estimated annual revenue is about $1.0M, with roughly $206K of EBITDA. It has about 6 employees. Its estimated business value is $515K (likely range $271K–$704K).
Common questions
- Who owns Tri-State Veterinary Hospital, PC?
- The owner of Tri-State Veterinary Hospital, PC 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 Tri-State Veterinary Hospital, PC make?
- SeeBITDA estimates Tri-State Veterinary Hospital, PC's annual revenue at about $1.0M (likely between $683K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tri-State Veterinary Hospital, PC worth?
- About $515K, roughly 2.5× its estimated EBITDA of $206K, typical for a veterinarians company its size. Likely range: $271K–$704K.
- How many employees does Tri-State Veterinary Hospital, PC have?
- About 6, as reported on its PPP loan.
- When was Tri-State Veterinary Hospital, PC founded?
- Tri-State Veterinary Hospital, PC has been in business since 1996.