Vision Source of Hugo Inc
How we got $952K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Vision Source of Hugo is an optometry practice in Hugo, OK offering eye exams and eye care services for patients and families. It has served the community since 1992.
From the company's website. Industry: Offices of Optometrists.
Customers & suppliers
Suppliers & brands
- Ray-Ban Meta Glasses · brand it sells or installs
- Nuance Audio Glasses · brand it sells or installs
- Stellest Lenses · brand it sells or installs
- EnChroma Lens Technology · brand it sells or installs
Estimated value over time
▲ 22% 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.
Employees over time
▼ 40% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 5 | $667K |
| 2020 | Form 5500 | 4 | $534K |
| 2021 | Form 5500 | 4 | $534K |
| 2022 | Form 5500 | 3 | $400K |
| 2023 | Form 5500 | 3 | $400K |
| 2024 | Form 5500 | 3 | $400K |
| 2025 | Form 5500 | 3 | $400K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| VISION SOURCE OF HUGO INC this business | $1.5M | — |
| CURTIS VISION CENTER Hugo · 5 employees | $1.1M | 0.2 mi |
| RED RIVER COUNSELING CENTER Hugo · 9 employees | $2.1M | 0.2 mi |
| Paris Chiropractic Center Hugo | $1.0M | 0.2 mi |
| Hugo Natural Health Center Hugo | $1.0M | 0.5 mi |
| Pathways Counseling Center of Oklahoma Hugo | $1.0M | 0.6 mi |
| Physical Therapy Clinic of Paris & Hugo Clinic Hugo | $1.0M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $861K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $317K |
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 | $952K |
| Multiple for this size and industry | 3× |
| Value range | $501K – $1.3M |
| Revenue range | $970K – $1.7M |
| EBITDA range | $209K – $362K |
| Industry (NAICS) | Offices of Optometrists (621320) |
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
People & advisors
Leadership
- VRVicki RyallSigned for the company · 2025 retirement-plan filing (Form 5500)
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $69K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Vision Source of Hugo Inc
Vision Source of Hugo Inc is an offices of optometrists company in Hugo, Oklahoma, in business since 2001. Its estimated annual revenue is about $1.5M, with roughly $317K of EBITDA. It has about 3 employees. Its estimated business value is $952K (likely range $501K–$1.3M).
Common questions
- Who owns Vision Source of Hugo Inc?
- The owner of Vision Source of Hugo Inc 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 Vision Source of Hugo Inc make?
- SeeBITDA estimates Vision Source of Hugo Inc's annual revenue at about $1.5M (likely between $970K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Vision Source of Hugo Inc worth?
- About $952K, roughly 3× its estimated EBITDA of $317K, typical for a offices of optometrists company its size. Likely range: $501K–$1.3M.
- How many employees does Vision Source of Hugo Inc have?
- About 3, from its 2025 retirement-plan filing.
- When was Vision Source of Hugo Inc founded?
- Vision Source of Hugo Inc has been in business since 2001.