SeeBITDAOklahoma

Tulsa Gold and Gems Inc

Jewelry and Silverware Manufacturing
Estimated valueMedium confidence
$904K
$543Klikely range$1.4M
About 3.2× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$1.9M
a year
EBITDA
$283K
15% of revenue
Employees
9
reported in 2020
Leadership
Spencer Fisher
Bossman · source · confirmed by 2 sources
Some signs of a sale

How we got $904K

Based on 9 employees reported for PPP in 2020, grown 8% a year since.

9 employees (PPP loan, 2020)9
× 1.63 growth (8% a year since 2020)15 today
× $127K revenue per employee (jewelry and silverware manufacturing)$1.9M
× 15% EBITDA margin$283K
× 3.2 sale multiple = value$904K

Own this business? Correct these figures

Estimated value over time

▲ 103% since 2020
$0$520K$1.0M20202026

Today'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

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

Signs of a sale Some signs of a sale

  • In business 42 years (since 1984)
  • Family in the business (Becky Fisher, Assistant)

From public records and the company's website, not a statement that it's for sale.

What they do

Tulsa Gold & Gems buys and sells gold, silver, platinum, diamonds and fine watches, and offers collateral loans against them, serving retail customers from its single Tulsa location.

Products & services
Sell gold & silver coins and bullion0% gold loansGold Mail-In
Markets served
retail customers
Service area
Tulsa, OK
Certifications
PawnBroker License Number PB000770Precious Metal License Number PM001553Certified diamond buyers

From the company's website. Industry: Jewelry and Silverware Manufacturing.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
TULSA GOLD AND GEMS INC
this business
$1.9M$283K—
GRANT'S FRAMES, INC.
Tulsa · 4 employees
$956K$160K1.5 mi
BIG SHOT LLC
Tulsa · 3 employees
$1.5M$221K2.6 mi
SOUTH MANUFACTURING CO., INC.
Bixby · 8 employees
$3.8M$533K3.2 mi
KHEZRI BROTHERS, INC
Tulsa · 29 employees
$6.9M$844K3.3 mi
RATH MUSIC GROUP, INC.
Bixby · 5 employees
$1.6M$240K3.8 mi
RUSTIC CUFF LLC
Tulsa · 90 employees
$18.6M$2.1M3.9 mi

Ranges & sources

Revenue range$1.4M – $2.4M
EBITDA range$212K – $367K
Industry (NAICS)Jewelry and Silverware Manufacturing (339910)
Value range$543K – $1.4M

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

Founded 1984
“Back in 1984 we were strictly diamond wholesalers and served retailers nationwide.”

Advisors

  • BankingFirst Oklahoma 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

First Oklahoma Bank
PPP 2020
All 695 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
6/30/2020first$123K$124K9First Oklahoma Bank

Public records

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

About Tulsa Gold and Gems Inc

Tulsa Gold and Gems Inc is a jewelry and silverware manufacturing company in Tulsa, Oklahoma, in business since 1984. It is owned by Spencer Fisher (Bossman). Its estimated annual revenue is about $1.9M, with roughly $283K of EBITDA. It has about 9 employees. Its estimated business value is $904K (likely range $543K–$1.4M).

Common questions

Who owns Tulsa Gold and Gems Inc?
Tulsa Gold and Gems Inc is owned by Spencer Fisher (Bossman), according to public sources such as the company's website or filings.
How much revenue does Tulsa Gold and Gems Inc make?
SeeBITDA estimates Tulsa Gold and Gems Inc's annual revenue at about $1.9M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Tulsa Gold and Gems Inc worth?
About $904K, roughly 3.2× its estimated EBITDA of $283K, typical for a jewelry and silverware manufacturing company its size. Likely range: $543K–$1.4M.
How many employees does Tulsa Gold and Gems Inc have?
About 9, as reported on its PPP loan.
When was Tulsa Gold and Gems Inc founded?
Tulsa Gold and Gems Inc has been in business since 1984.