Hy Palace Asian Restaurant
How we got $169K
Based on its 7 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 |
|---|---|---|
| HY PALACE ASIAN RESTAURANT this business | $732K | — |
| Pho Kim Long Oklahoma City | $1.7M | 0.0 mi |
| Route 66 Oklahoma City | $1.7M | 0.0 mi |
| Teapioca Lounge Oklahoma City | $1.7M | 0.0 mi |
| JZ Seafood - OKC Oklahoma City | $1.7M | 0.0 mi |
| SS CHANTHAVONG INC Oklahoma City · 3 employees | $538K | 0.0 mi |
| LANGS BAKERY LLC Oklahoma City · 2 employees | $288K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $800K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $515K |
| Estimate: the two combined (geometric mean) | $732K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $94K |
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 | $169K |
| Multiple for this size and industry | 1.8× |
| Value range | $89K – $231K |
| Revenue range | $482K – $835K |
| EBITDA range | $62K – $107K |
| 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 National Bank of OklahomaPPP / 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 Roles are as stated there and may be out of date.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 National Bank of Oklahoma PPP 2020, PPP 2021 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $15K | 7 |
| 3/18/2021 | second | $21K | 4 |
About Hy Palace Asian Restaurant
Hy Palace Asian Restaurant is a restaurants company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $732K, with roughly $94K of EBITDA. It has about 7 employees. Its estimated business value is $169K (likely range $89K–$231K).
Common questions
- Who owns Hy Palace Asian Restaurant?
- The owner of Hy Palace Asian Restaurant 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 Hy Palace Asian Restaurant make?
- SeeBITDA estimates Hy Palace Asian Restaurant's annual revenue at about $732K (likely between $482K and $835K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hy Palace Asian Restaurant worth?
- About $169K, roughly 1.8× its estimated EBITDA of $94K, typical for a restaurants company its size. Likely range: $89K–$231K.
- How many employees does Hy Palace Asian Restaurant have?
- About 7, as reported on its PPP loan.