How we got $194K
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 84% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ASPENHEADS LLC this business | $1.1M | — |
| ESKIMO JOE'S INC Stillwater · 137 employees | $14.1M | 0.1 mi |
| QDOBA Mexican Eats Stillwater | $1.7M | 0.1 mi |
| CAFE 88 LLC Stillwater · 16 employees | $1.2M | 0.1 mi |
| Nilima's Authentic Food of India Stillwater | $1.7M | 0.2 mi |
| The Garage Burgers & Beer Stillwater | $1.7M | 0.2 mi |
| Marble Slab Creamery Stillwater | $1.7M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $773K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $108K |
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 | $194K |
| Multiple for this size and industry | 1.8× |
| Value range | $102K – $266K |
| Revenue range | $719K – $1.2M |
| EBITDA range | $71K – $123K |
| Industry (NAICS) | Snack and Nonalcoholic Beverage Bars (722515) |
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank 7(a) 2024, PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $29K | 18 |
Public records
| Jun 2024 | 7(a) | $373K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Aspenheads LLC
Aspenheads LLC is a restaurants company in Stillwater, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $108K of EBITDA. It has about 18 employees. Its estimated business value is $194K (likely range $102K–$266K).
Common questions
- Who owns Aspenheads LLC?
- The owner of Aspenheads 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 Aspenheads LLC make?
- SeeBITDA estimates Aspenheads LLC's annual revenue at about $1.1M (likely between $719K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Aspenheads LLC worth?
- About $194K, roughly 1.8× its estimated EBITDA of $108K, typical for a restaurants company its size. Likely range: $102K–$266K.
- How many employees does Aspenheads LLC have?
- About 18, as reported on its PPP loan.