Wells Hibbets PC PLLC
How we got $531K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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
▲ 150% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $534K |
| 2020 | Form 5500 | 4 | $534K |
| 2021 | Form 5500 | 4 | $534K |
| 2022 | Form 5500 | 5 | $667K |
| 2023 | Form 5500 | 10 | $1.3M |
| 2024 | Form 5500 | 10 | $1.3M |
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 |
|---|---|---|
| WELLS HIBBETS PC PLLC this business | $987K | — |
| SCOTT M. HIBBETS OD PC CORP Broken Arrow · 1 employees | $455K | 0.0 mi |
| Stonewood Vision Source Broken Arrow | $2.0M | 0.0 mi |
| RESTORATION FOOT & ANKLE PLLC Broken Arrow · 7 employees | $1.6M | 0.4 mi |
| Ascension St. John Physical Therapy & Sports Rehabilitation Broken Arrow | $1.0M | 0.4 mi |
| CannaCards Broken Arrow | $1.0M | 0.4 mi |
| American Shaman Broken Arrow Broken Arrow | $1.0M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $938K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $798K |
| Estimate: the two combined (geometric mean) | $987K |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $212K |
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 | $531K |
| Multiple for this size and industry | 2.5× |
| Value range | $279K – $727K |
| Revenue range | $649K – $1.1M |
| EBITDA range | $140K – $242K |
| 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
- BankingSecurity 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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $24K | 4 |
About Wells Hibbets PC PLLC
Wells Hibbets PC PLLC is an offices of optometrists company in Broken Arrow, Oklahoma. Its estimated annual revenue is about $987K, with roughly $212K of EBITDA. It has about 10 employees. Its estimated business value is $531K (likely range $279K–$727K).
Common questions
- Who owns Wells Hibbets PC PLLC?
- The owner of Wells Hibbets PC PLLC 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 Wells Hibbets PC PLLC make?
- SeeBITDA estimates Wells Hibbets PC PLLC's annual revenue at about $987K (likely between $649K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wells Hibbets PC PLLC worth?
- About $531K, roughly 2.5× its estimated EBITDA of $212K, typical for a offices of optometrists company its size. Likely range: $279K–$727K.
- How many employees does Wells Hibbets PC PLLC have?
- About 10, from its 2024 retirement-plan filing.