SeeBITDAOklahoma

The Hot 93.7

Information
  • 408 E Thomas Ave, Stillwater, OK
  • Since 2006
  • NAICS 51
Estimated valueLow confidence
$1.3M
$355Klikely range$2.5M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$1.8M
a year
Profit (EBITDA)
$436K
24% of revenue
Employees
—
not reported
Leadership
Bob Bone
Co-Founder · source
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $1.3M

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

A typical information business in Oklahoma$1.8M
Revenue$1.8M
× 24% profit margin$436K
× 3 sale multiple = value$1.3M

· 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 20 years (since 2006)

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

What they do

Stillwater Radio is a Stillwater, Oklahoma radio company that runs several stations (93.7 KSPI-FM, 780/94.3 KSPI-AM, 105.5 KGFY-FM, 101.1 KVRO-FM) and publishes local news and community event listings for the area.

Products & services
Listen LivePodcastsCommunity NewsConcert CalendarEvent CalendarLocal EventsAdvertisingSports
Service area
Stillwater

From the company's website. Industry: Information.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
The Hot 93.7
this business
$1.8M$436K—
Cowboy Country 105.5
Stillwater
$1.8M$436K0.0 mi
Kvro
Stillwater
$1.8M$436K0.0 mi
Stillwater Radio
Stillwater
$1.8M$436K0.0 mi
AMC
Stillwater
$1.7M$323K1.0 mi
Theater 7
Stillwater
$1.7M$323K1.0 mi
Oakcreek Community Homeowners Association
Stillwater
$1.8M$436K1.0 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$1.3M
Multiple for this size and industry3×
Value range$355K – $2.5M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Information businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (24%). Treat these as a rough guide.

Revenue range$618K – $2.9M
EBITDA range$148K – $683K
Industry (NAICS)Information (51)

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. 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 The Hot 93.7

The Hot 93.7 is an information company in Stillwater, Oklahoma, in business since 2006. It is owned by Bob Bone (Co-Founder). Its estimated annual revenue is about $1.8M, with roughly $436K of EBITDA. Its estimated business value is $1.3M (likely range $355K–$2.5M).

Common questions

Who owns The Hot 93.7?
The Hot 93.7 is owned by Bob Bone (Co-Founder), according to public sources such as the company's website or filings.
How much revenue does The Hot 93.7 make?
SeeBITDA estimates The Hot 93.7's annual revenue at about $1.8M (likely between $618K and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is The Hot 93.7 worth?
About $1.3M, roughly 3× its estimated EBITDA of $436K, typical for a information company its size. Likely range: $355K–$2.5M.
When was The Hot 93.7 founded?
The Hot 93.7 has been in business since 2006.