SeeBITDAOklahoma

Gilliam Music

Retail Trade
  • 2280 W Main St, Norman, OK
  • Since 2002
  • NAICS 451
Estimated valueLow confidence
$434K
$153Klikely range$703K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$2.0M
a year
Profit (EBITDA)
$217K
11% of revenue
Employees
—
not reported
Leadership
Scott and Susan Starns
Owner · source
Unlikely to sell soon

How we got $434K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical retail trade business in Oklahoma$2.0M
Revenue$2.0M
× 11% profit margin$217K
× 2 sale multiple = value$434K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • In business 24 years (since 2002)

From public records and the company's website, not a statement that it's for sale.

What they do

Oklahoma Music Co., a family of five locally owned music stores in Edmond, Oklahoma City, Norman, Enid, and Weatherford, sells instruments and equipment and rents instruments to musicians across Oklahoma. The pages list Gilliam Music among its store names, but the site itself is for Oklahoma Music Co.

Products & services
PianosGuitarsBand & OrchestraAmplifiersAcoustic PianosElectric GuitarsAcoustic GuitarsRent an InstrumentDrums & PercussionRecording/Live SoundKeyboards and SynthesizersPre-Owned Pianos
Markets served
musiciansfamilies
Service area
OklahomaEdmondOklahoma CityNormanEnidWeatherford

From the company's website. Industry: Retail Trade.

Customers & suppliers

Suppliers & brands

  • Taylor · brand it sells or installs
  • Martin · brand it sells or installs
  • Collings · brand it sells or installs
  • Fender · brand it sells or installs
  • Gibson · brand it sells or installs
  • Steinway & Sons · brand it sells or installs
  • Kawai · brand it sells or installs
  • Yamaha · brand it sells or installs
  • Keeley Electronics · brand it sells or installs
  • Walrus Audio · brand it sells or installs
  • Aguilar · brand it sells or installs
  • AKG · brand it sells or installs
  • Alvarez · brand it sells or installs
  • Baldwin · brand it sells or installs
  • Boss · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Gilliam Music
this business
$2.0M$217K—
K&N Furniture Consignment
Norman
$2.1M$187K0.0 mi
Phat Tire Bike Shop
Norman
$8.2M$936K0.0 mi
Hastings
Norman
$2.0M$217K0.0 mi
HobbyTown
Norman
$2.0M$217K0.0 mi
Thunder Discount Drug
Norman
$4.6M$350K0.1 mi
FED CASH GOLD BUYERS
Norman
$2.1M$187K0.1 mi

The full calculation

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$434K
Multiple for this size and industry2×
Value range$153K – $703K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Retail Trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (11%). Treat these as a rough guide.

Revenue range$859K – $2.6M
EBITDA range$95K – $293K
Industry (NAICS)Retail Trade (451)

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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

Public records

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

About Gilliam Music

Gilliam Music is a retail trade company in Norman, Oklahoma, in business since 2002. It is owned by Scott and Susan Starns. Its estimated annual revenue is about $2.0M, with roughly $217K of EBITDA. Its estimated business value is $434K (likely range $153K–$703K).

Common questions

Who owns Gilliam Music?
Gilliam Music is owned by Scott and Susan Starns, according to public sources such as the company's website or filings.
How much revenue does Gilliam Music make?
SeeBITDA estimates Gilliam Music's annual revenue at about $2.0M (likely between $859K and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Gilliam Music worth?
About $434K, roughly 2× its estimated EBITDA of $217K, typical for a retail trade company its size. Likely range: $153K–$703K.
When was Gilliam Music founded?
Gilliam Music has been in business since 2002.