SeeBITDAOklahoma

Tulsa Vision Clinic, Inc.

Offices of Optometrists
Estimated valueMedium confidence
$591K
$311Klikely range$809K
About 2.5× its yearly profit, typical for a company this size in its industry.
Revenue
$1.1M
a year
Profit (EBITDA)
$236K
22% of revenue
Employees
4
reported in 2020
Leadership
Brian Cheatham
Optometrist · source
Unlikely to sell soon
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $591K

Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.

4 employees × $235K each$939K
PPP payroll ÷ payroll's usual share of revenue$988K
Shown toward the top of its range×1.14
Revenue$1.1M
× 22% profit margin$236K
× 2.5 sale multiple = value$591K

· Own this business? Correct these figures

What we know

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

Signs of a sale Unlikely to sell soon

  • In business 20 years (since 2006)

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

What they do

Tulsa Vision Clinic is a family eye care optometry practice in Tulsa, OK, offering eye exams, eyewear, contact lenses and treatment of eye disease for patients in the Tulsa area.

Products & services
complete eye examscontact lenseseyeglassestreatment of eye diseasered eye treatmentspecialty contact lensesEye EmergenciesComprehensive Eye ExamsAdult Eye ExamsChildren Eye ExamsContact Lens ExamsDiabetic Eye Exams
Markets served
family eye care
Service area
TulsaTulsa areaTulsa, OK

From the company's website. Industry: Offices of Optometrists.

Customers & suppliers

Suppliers & brands

  • Lumenis · brand it sells or installs

Estimated value over time

▲ 22% since 2020
$0$340K$680K20202026

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
TULSA VISION CLINIC, INC.
this business
$1.1M$236K—
DR SARAH WASHATKA PLLC
Tulsa · 2 employees
$434K$110K0.0 mi
MANAGEMENT WORLDWIDE, LLC
Tulsa · 21 employees
$5.4M$848K0.0 mi
SHATKA ENTERPRISES LLC
Tulsa · 1 employees
$333K$84K0.0 mi
STRATEGIC CORPORATE MANAGEMENT LLC
Tulsa · 1 employees
$283K$71K0.0 mi
Dr. Richard E. Mills, Do
Tulsa
$990K$213K0.1 mi
Retina Vitreous Affiliates
Tulsa
$990K$213K0.1 mi

The full calculation

Employees reported to the SBA4
Revenue from headcount (employees × revenue per employee for companies this size)$939K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$988K
Estimate: the two combined (geometric mean)$1.1M
EBITDA margin (industry, adjusted for size)22%
EBITDA = revenue × margin$236K

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$591K
Multiple for this size and industry2.5×
Value range$311K – $809K
Revenue range$722K – $1.3M
EBITDA range$156K – $270K
Industry (NAICS)Offices of Optometrists (621320)

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

  • BankingRegent 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

Regent Bank
PPP 2020
All 726 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/15/2020first$29K$29K4Regent Bank

Public records

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

About Tulsa Vision Clinic, Inc.

Tulsa Vision Clinic, Inc. is an offices of optometrists company in Tulsa, Oklahoma, in business since 2006. It is owned by Brian Cheatham (Optometrist). Its estimated annual revenue is about $1.1M, with roughly $236K of EBITDA. It has about 4 employees. Its estimated business value is $591K (likely range $311K–$809K).

Common questions

Who owns Tulsa Vision Clinic, Inc.?
Tulsa Vision Clinic, Inc. is owned by Brian Cheatham (Optometrist), according to public sources such as the company's website or filings.
How much revenue does Tulsa Vision Clinic, Inc. make?
SeeBITDA estimates Tulsa Vision Clinic, Inc.'s annual revenue at about $1.1M (likely between $722K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Tulsa Vision Clinic, Inc. worth?
About $591K, roughly 2.5× its estimated EBITDA of $236K, typical for a offices of optometrists company its size. Likely range: $311K–$809K.
How many employees does Tulsa Vision Clinic, Inc. have?
About 4, as reported on its PPP loan.
When was Tulsa Vision Clinic, Inc. founded?
Tulsa Vision Clinic, Inc. has been in business since 2006.