Alberta Creek Resort, Inc.
How we got $656K
Based on its 48 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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
Alberta Creek is a resort on Lake Texoma in Kingston, OK, in operation since 1954, offering vacation options for a range of budgets. Its pages mention lake homes, boat rentals, lodging, an RV park, activities, events, a cafe and a fishing guide.
From the company's website. Industry: Restaurants.
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 |
|---|---|---|
| ALBERTA CREEK RESORT, INC. this business | $3.2M | — |
| The Lake House Bar and Grill Kingston | $1.7M | 0.0 mi |
| Crown Chicken Ranch Kingston | $1.7M | 1.9 mi |
| The Boat Yard Mead | $1.7M | 3.4 mi |
| Champs Chicken Kingston | $1.7M | 5.2 mi |
| Hangar 54 Pizza Mead | $1.7M | 5.2 mi |
| Champs Chicken Mead | $1.7M | 5.2 mi |
The full calculation
| Employees reported to the SBA | 48 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $312K |
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 | $656K |
| Multiple for this size and industry | 2.1× |
| Value range | $345K – $897K |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $205K – $356K |
| 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
- BankingFirst United 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $94K | 48 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Alberta Creek Resort, Inc.
Alberta Creek Resort, Inc. is a restaurants company in Kingston, Oklahoma, in business since 2000. Its estimated annual revenue is about $3.2M, with roughly $312K of EBITDA. It has about 48 employees. Its estimated business value is $656K (likely range $345K–$897K).
Common questions
- Who owns Alberta Creek Resort, Inc.?
- The owner of Alberta Creek Resort, Inc. 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 Alberta Creek Resort, Inc. make?
- SeeBITDA estimates Alberta Creek Resort, Inc.'s annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Alberta Creek Resort, Inc. worth?
- About $656K, roughly 2.1× its estimated EBITDA of $312K, typical for a restaurants company its size. Likely range: $345K–$897K.
- How many employees does Alberta Creek Resort, Inc. have?
- About 48, as reported on its PPP loan.
- When was Alberta Creek Resort, Inc. founded?
- Alberta Creek Resort, Inc. has been in business since 2000.