SeeBITDAOklahoma

Carson & Barnes Circus, Inc

Other Performing Arts Companies
Estimated valueLow confidence
$10.2M
$5.4Mlikely range$13.9M
About 5× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$11.0M
a year
EBITDA
$2.0M
19% of revenue
Employees
54
reported in 2020
Leadership
Barbara Miller Byrd
Owner · source

How we got $10.2M

Based on its 54 employees and its payroll, both reported for PPP in 2020 and brought up to date.

54 employees × $289K each$15.6M
PPP payroll ÷ payroll's usual share of revenue$6.0M
Shown toward the top of its range×1.14
Revenue$11.0M
× 19% EBITDA margin$2.0M
× 5 sale multiple = value$10.2M

Own this business? Correct these figures

Estimated value over time

▲ 28% since 2020
$0$5.9M$11.7M20202026

Today'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

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

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
CARSON & BARNES CIRCUS, INC
this business
$11.0M$2.0M—
CULPEPPER ENTERTAINMENT LLC
Hugo · 15 employees
$3.7M$781K1.5 mi
SUSIE MCENTIRE LLC
Atoka · 1 employees
$257K$77K38.8 mi
Hester’s Theatre of Magic
Broken Bow
$1.8M$436K44.8 mi
OKLAHOMA SHAKESPEAREAN FESTIVAL
Durant · 4 employees
$239K$71K49.1 mi
Shear Madness
Durant
$436K$100K50.1 mi

Ranges & sources

Revenue range$7.2M – $12.5M
EBITDA range$1.3M – $2.3M
Industry (NAICS)Other Performing Arts Companies (711190)
Value range$5.4M – $13.9M

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. 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 First National Bank of HugoPPP / 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 Roles are as stated there and may be out of date.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 First National Bank of Hugo
PPP 2020, PPP 2021
All 43 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$149K$151K54Security First National Bank of Hugo
1/16/2021second$138K$139K30Security First National Bank of Hugo

Public records

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

About Carson & Barnes Circus, Inc

Carson & Barnes Circus, Inc is an other performing arts companies company in Hugo, Oklahoma. It is owned by Barbara Miller Byrd. Its estimated annual revenue is about $11.0M, with roughly $2.0M of EBITDA. It has about 54 employees. Its estimated business value is $10.2M (likely range $5.4M–$13.9M).

Common questions

Who owns Carson & Barnes Circus, Inc?
Carson & Barnes Circus, Inc is owned by Barbara Miller Byrd, according to public sources such as the company's website or filings.
How much revenue does Carson & Barnes Circus, Inc make?
SeeBITDA estimates Carson & Barnes Circus, Inc's annual revenue at about $11.0M (likely between $7.2M and $12.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Carson & Barnes Circus, Inc worth?
About $10.2M, roughly 5× its estimated EBITDA of $2.0M, typical for a other performing arts companies company its size. Likely range: $5.4M–$13.9M.
How many employees does Carson & Barnes Circus, Inc have?
About 54, as reported on its PPP loan.