Zt Cigars, Inc
How we got $481K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 99% 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.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
ZT Cigars is a cigar dealer with locations in Oklahoma City and Yukon, offering fine cigars, tobacco products, and accessories for aficionados.
From the company's website. Industry: Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ZT CIGARS, INC this business | $2.9M | — |
| FRAMED.COM, LLC Oklahoma City · 3 employees | $1.3M | 0.9 mi |
| THE CURLEY FAMILY TRUST Nichols Hills · 1 employees | $1.2M | 1.6 mi |
| RAFP ENTERPRISES INC Oklahoma City · 6 employees | $3.3M | 1.9 mi |
| TRANQUIL EXHALATIONS, INC. Oklahoma City · 12 employees | $5.4M | 2.0 mi |
| AMERICAN MORTGAGE BANK LLC Oklahoma City · 24 employees | $29.1M | 2.1 mi |
| LEARNING TREE TOYS, BOOKS, GAMES, INC. Oklahoma City · 6 employees | $2.3M | 2.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $240K |
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 | $481K |
| Multiple for this size and industry | 2× |
| Value range | $253K – $658K |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $158K – $274K |
| Industry (NAICS) | Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers (459991) |
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
- BankingMidFirst 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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $35K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Zt Cigars, Inc
Zt Cigars, Inc is a tobacco, electronic cigarette, and other smoking supplies retailers company in Okc, Oklahoma, in business since 1997. Its estimated annual revenue is about $2.9M, with roughly $240K of EBITDA. It has about 7 employees. Its estimated business value is $481K (likely range $253K–$658K).
Common questions
- Who owns Zt Cigars, Inc?
- The owner of Zt Cigars, 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 Zt Cigars, Inc make?
- SeeBITDA estimates Zt Cigars, Inc's annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Zt Cigars, Inc worth?
- About $481K, roughly 2× its estimated EBITDA of $240K, typical for a tobacco, electronic cigarette, and other smoking supplies retailers company its size. Likely range: $253K–$658K.
- How many employees does Zt Cigars, Inc have?
- About 7, as reported on its PPP loan.
- When was Zt Cigars, Inc founded?
- Zt Cigars, Inc has been in business since 1997.