1st Street Bakery LLC
How we got $552K
Based on its 30 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 75% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| 1ST STREET BAKERY LLC this business | $2.9M | — |
| ANTOINETTE BAKING CO LLC Tulsa · 29 employees | $3.7M | 0.0 mi |
| BRADY TAVERN LLC Tulsa · 46 employees | $6.5M | 0.0 mi |
| Bull In The Alley Tulsa | $1.7M | 0.0 mi |
| Antoinette Bakery & Cafe Tulsa | $1.7M | 0.0 mi |
| Chimera Cafe Tulsa | $1.7M | 0.0 mi |
| Glacier Confection Tulsa | $1.7M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 30 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.3M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $263K |
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 | $552K |
| Multiple for this size and industry | 2.1× |
| Value range | $290K – $755K |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $173K – $300K |
| Industry (NAICS) | Snack and Nonalcoholic Beverage Bars (722515) |
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
People & advisors
Advisors
- BankingBOKF, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/24/2021 | first | $135K | 30 |
About 1st Street Bakery LLC
1st Street Bakery LLC is a restaurants company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.9M, with roughly $263K of EBITDA. It has about 30 employees. Its estimated business value is $552K (likely range $290K–$755K).
Common questions
- Who owns 1st Street Bakery LLC?
- The owner of 1st Street Bakery LLC 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 1st Street Bakery LLC make?
- SeeBITDA estimates 1st Street Bakery LLC'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 1st Street Bakery LLC worth?
- About $552K, roughly 2.1× its estimated EBITDA of $263K, typical for a restaurants company its size. Likely range: $290K–$755K.
- How many employees does 1st Street Bakery LLC have?
- About 30, as reported on its PPP loan.