Palen Music Center
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
What they do
Palen Music is a family-owned and operated music store founded by brothers Dan and Bill Palen, offering instruments, instrument rental, repair, lessons, and financing. The pages describe it as a music store serving the Midwest.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Suppliers & brands
- Yamaha · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Palen Music Center this business | $3.9M | — |
| Design Resources Oklahoma City | $2.0M | 0.0 mi |
| HIPPO DEALS INC Oklahoma City · 5 employees | $3.8M | 0.1 mi |
| Patterson Dental Oklahoma City | $4.2M | 0.1 mi |
| Juniper Designs Oklahoma City | $2.1M | 0.2 mi |
| TBS SERVICE AND VENDING LLC Oklahoma City · 4 employees | $1.8M | 0.3 mi |
| Archer Office Products Inc Oklahoma City | $2.1M | 0.3 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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $364K – $1.7M |
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 | $1.7M – $5.4M |
| EBITDA range | $189K – $599K |
| 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
2 locations
| 7701 Broadway Ext | Oklahoma City | This listing |
| 929 N Elm Pl | Broken Arrow | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Palen Music Center
Palen Music Center is a retail trade company in Oklahoma City, Oklahoma, in business since 2000. It is owned by Dan Palen Sr. (Sole Owner). Its estimated annual revenue is about $3.9M, with roughly $438K of EBITDA. Its estimated business value is $1.1M (likely range $364K–$1.7M). It has 2 locations.
Common questions
- Who owns Palen Music Center?
- Palen Music Center is owned by Dan Palen Sr. (Sole Owner), according to public sources such as the company's website or filings.
- How much revenue does Palen Music Center make?
- SeeBITDA estimates Palen Music Center's annual revenue at about $3.9M (likely between $1.7M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Palen Music Center worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $438K, typical for a retail trade company its size. Likely range: $364K–$1.7M.
- When was Palen Music Center founded?
- Palen Music Center has been in business since 2000.