Tulsa Eye Associates, Inc., a Professional Corporation
- Julie L. Soto, M.D.Physician · Company website
How we got $2.5M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 23% 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 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
Tulsa Eye Associates is an ophthalmology practice in Tulsa, OK, providing comprehensive eye care with board certified physicians since 1998.
From the company's website. Industry: Doctors & clinics.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TULSA EYE ASSOCIATES, INC., A PROFESSIONAL CORPORATION this business | $3.1M | — |
| ADULT GASTROENTEROLOGY ASSOCIATES, INC. Tulsa · 54 employees | $14.8M | 0.0 mi |
| CHILD NEUROLOGY OF TULSA, PC Tulsa · 8 employees | $2.1M | 0.0 mi |
| FRANZ MONCADA MD INC Tulsa · 7 employees | $1.6M | 0.0 mi |
| G PETE DOSSER MD INC. Tulsa · 3 employees | $1.4M | 0.0 mi |
| HEART RHYTHM INSTITUTE OF OKLAHOMA STRATEGIC SUPPORT LLC Tulsa · 5 employees | $1.5M | 0.0 mi |
| MARY C. KIRK, MD, PLLC Tulsa · 7 employees | $2.0M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $606K |
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 | $2.5M |
| Multiple for this size and industry | 4.1× |
| Value range | $1.3M – $3.4M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $399K – $691K |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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
“Tulsa Eye Associates has been providing state of the art eye care in Tulsa since 1998.”
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 |
|---|---|---|---|
| 4/29/2020 | first | $117K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tulsa Eye Associates, Inc., a Professional Corporation
Tulsa Eye Associates, Inc., a Professional Corporation is a doctors & clinics company in Tulsa, Oklahoma, in business since 1998. It is owned by James Ronk (Owner/President). Its estimated annual revenue is about $3.1M, with roughly $606K of EBITDA. It has about 13 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M).
Common questions
- Who owns Tulsa Eye Associates, Inc., a Professional Corporation?
- Tulsa Eye Associates, Inc., a Professional Corporation is owned by James Ronk (Owner/President), according to public sources such as the company's website or filings.
- How much revenue does Tulsa Eye Associates, Inc., a Professional Corporation make?
- SeeBITDA estimates Tulsa Eye Associates, Inc., a Professional Corporation's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tulsa Eye Associates, Inc., a Professional Corporation worth?
- About $2.5M, roughly 4.1× its estimated EBITDA of $606K, typical for a doctors & clinics company its size. Likely range: $1.3M–$3.4M.
- How many employees does Tulsa Eye Associates, Inc., a Professional Corporation have?
- About 13, as reported on its PPP loan.
- When was Tulsa Eye Associates, Inc., a Professional Corporation founded?
- Tulsa Eye Associates, Inc., a Professional Corporation has been in business since 1998.