We Relax, Inc.
How we got $2.0M
Based on 40 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 27% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WE RELAX, INC. this business | $3.9M | — |
| Christian Ray Oklahoma City | $440K | 0.0 mi |
| Abby Lashes Me Oklahoma City | $440K | 0.1 mi |
| Mirer Mirer Oklahoma City | $440K | 0.1 mi |
| Get Wax'd Oklahoma City | $440K | 0.1 mi |
| Tease Lashes LLC Oklahoma City | $440K | 0.1 mi |
| Megan Stokes - Licensed Massage Therapist Edmond | $440K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 40 |
| Industry revenue per employee | $78K |
| Revenue = employees × revenue per employee | $3.9M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $639K |
| Cross-check: revenue implied by PPP payroll | $347K |
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 | $2.0M |
| Multiple for this size and industry | 3.2× |
| Value range | $967K – $2.9M |
| Revenue range | $2.3M – $4.7M |
| EBITDA range | $378K – $756K |
| Industry (NAICS) | Other Personal Care Services (812199) |
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
Advisors
- BankingJPMorgan Chase Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| JPMorgan Chase Bank, National Association PPP 2020 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $18K | 40 |
About We Relax, Inc.
We Relax, Inc. is a hair & beauty salons company in Edmond, Oklahoma. Its estimated annual revenue is about $3.9M, with roughly $639K of EBITDA. It has about 40 employees. Its estimated business value is $2.0M (likely range $967K–$2.9M).
Common questions
- Who owns We Relax, Inc.?
- The owner of We Relax, 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 We Relax, Inc. make?
- SeeBITDA estimates We Relax, Inc.'s annual revenue at about $3.9M (likely between $2.3M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is We Relax, Inc. worth?
- About $2.0M, roughly 3.2× its estimated EBITDA of $639K, typical for a hair & beauty salons company its size. Likely range: $967K–$2.9M.
- How many employees does We Relax, Inc. have?
- About 40, as reported on its PPP loan.