Abels Mexican Restaurant LLC
How we got $665K
Based on its 29 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Abel's Mexican Restaurant is a family Mexican restaurant in Warr Acres, OK (northwest Oklahoma City) serving traditional Mexican food, Agua Fresca drinks, and fresh fruit and homemade goodies to go.
From the company's website. Industry: Restaurants.
Estimated value over time
▲ 20% 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 |
|---|---|---|
| ABELS MEXICAN RESTAURANT LLC this business | $3.2M | — |
| ABEL'S MEXICAN RESTAURANT LLC Oklahoma City · 29 employees | $3.2M | 0.0 mi |
| Nina’s Family Restaurant Warr Acres | $1.7M | 0.1 mi |
| Casa Maya Warr Acres | $1.7M | 0.1 mi |
| Travel By Taste Deli and Market Warr Acres | $1.7M | 0.1 mi |
| Restaurante Guatemalteco El Quetzal Warr Acres | $1.7M | 0.1 mi |
| Charm Thai Cuisine Warr Acres | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $317K |
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 | $665K |
| Multiple for this size and industry | 2.1× |
| Value range | $350K – $910K |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $208K – $361K |
| 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
People & advisors
Advisors
- BankingF & M BankPPP / 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
| F & M Bank PPP 2021 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/21/2021 | second | $225K | 29 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Abels Mexican Restaurant LLC
Abels Mexican Restaurant LLC is a family-owned restaurants company in Warr Acres, Oklahoma, in business since 2008. It is owned by Abel Ramos. Its estimated annual revenue is about $3.2M, with roughly $317K of EBITDA. It has about 29 employees. Its estimated business value is $665K (likely range $350K–$910K).
Common questions
- Who owns Abels Mexican Restaurant LLC?
- Abels Mexican Restaurant LLC is owned by Abel Ramos, according to public sources such as the company's website or filings.
- How much revenue does Abels Mexican Restaurant LLC make?
- SeeBITDA estimates Abels Mexican Restaurant LLC's annual revenue at about $3.2M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Abels Mexican Restaurant LLC worth?
- About $665K, roughly 2.1× its estimated EBITDA of $317K, typical for a restaurants company its size. Likely range: $350K–$910K.
- How many employees does Abels Mexican Restaurant LLC have?
- About 29, as reported on its PPP loan.
- When was Abels Mexican Restaurant LLC founded?
- Abels Mexican Restaurant LLC has been in business since 2008.