2 Manatees, LLC
How we got $839K
Based on its 54 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 26% since 2020Today'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 |
|---|---|---|
| 2 MANATEES, LLC this business | $4.4M | — |
| BROOKSIDE BY DAY, INC. Tulsa · 19 employees | $2.6M | 0.0 mi |
| THE BROOK RESTAURANT AND BAR LIMITED PARTNERSHIP Tulsa · 59 employees | $4.6M | 0.0 mi |
| Antoinette's Baking Company Tulsa | $1.7M | 0.1 mi |
| EN Fuego Tulsa | $1.7M | 0.1 mi |
| The Donut Hole Tulsa | $1.7M | 0.1 mi |
| BG3 CAPITAL GROUP, LLC Tulsa · 48 employees | $4.6M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 54 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.6M |
| Estimate: the two combined (geometric mean) | $4.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $400K |
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 | $839K |
| Multiple for this size and industry | 2.1× |
| Value range | $442K – $1.1M |
| Revenue range | $2.9M – $5.1M |
| EBITDA range | $263K – $456K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
History & advisors
Advisors
- BankingVast Bank, National Association, American Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| American Bank and Trust Company PPP 2021 | All 117 borrowers → |
| Vast Bank, National Association PPP 2020 | All 359 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $165K | 54 |
| 1/20/2021 | second | $265K | 54 |
About 2 Manatees, LLC
2 Manatees, LLC is a restaurants company in Tulsa, Oklahoma. Its estimated annual revenue is about $4.4M, with roughly $400K of EBITDA. It has about 54 employees. Its estimated business value is $839K (likely range $442K–$1.1M).
Common questions
- Who owns 2 Manatees, LLC?
- The owner of 2 Manatees, 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 2 Manatees, LLC make?
- SeeBITDA estimates 2 Manatees, LLC's annual revenue at about $4.4M (likely between $2.9M and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 2 Manatees, LLC worth?
- About $839K, roughly 2.1× its estimated EBITDA of $400K, typical for a restaurants company its size. Likely range: $442K–$1.1M.
- How many employees does 2 Manatees, LLC have?
- About 54, as reported on its PPP loan.