Around the Corner II
How we got $279K
Based on its 22 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Some signs of a sale
- In business 75 years (since 1951)
From public records and the company's website, not a statement that it's for sale.
What they do
Around the Corner Restaurant is an old-fashioned diner in downtown Edmond, Oklahoma, open since 1951, serving home-style cooking.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| AROUND THE CORNER II this business | $1.6M | — |
| FRENZY BREWING LLC Edmond · 2 employees | $327K | 0.0 mi |
| Java Dave's Coffee Shop Edmond | $1.7M | 0.0 mi |
| Summer Moon Coffee Edmond | $1.7M | 0.0 mi |
| Empire Slice House - Edmond Edmond | $1.7M | 0.0 mi |
| OTHELLOS OF EDMOND Edmond · 31 employees | $2.5M | 0.0 mi |
| The Mule Edmond Edmond | $1.7M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $155K |
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 | $279K |
| Multiple for this size and industry | 1.8× |
| Value range | $147K – $382K |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $102K – $177K |
| 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
- BankingThe Citizens Bank of EdmondPPP / 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
| The Citizens Bank of Edmond PPP 2020, PPP 2021 | All 502 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $51K | 21 |
| 1/19/2021 | second | $111K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Around the Corner II
Around the Corner II is a family-owned restaurants company in Edmond, Oklahoma, in business since 1951. Its estimated annual revenue is about $1.6M, with roughly $155K of EBITDA. It has about 22 employees. Its estimated business value is $279K (likely range $147K–$382K).
Common questions
- Who owns Around the Corner II?
- The owner of Around the Corner II 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 Around the Corner II make?
- SeeBITDA estimates Around the Corner II's annual revenue at about $1.6M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Around the Corner II worth?
- About $279K, roughly 1.8× its estimated EBITDA of $155K, typical for a restaurants company its size. Likely range: $147K–$382K.
- How many employees does Around the Corner II have?
- About 22, as reported on its PPP loan.
- When was Around the Corner II founded?
- Around the Corner II has been in business since 1951.