B & K Alpha Inc
How we got $215K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 30 years (since 1996)
- Founder still runs it after 30 years
From public records and the company's website, not a statement that it's for sale.
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.
Employees over time
▼ 70% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 10 | $599K |
| 2020 | Form 5500 | 1 | $60K |
| 2021 | Form 5500 | 3 | $180K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| B & K ALPHA INC this business | $1.1M | — |
| Diamond Dawgs Norman | $1.7M | 0.0 mi |
| Cupbop - Korean Bbq In A Cup Norman | $1.7M | 0.0 mi |
| Triple X Chicken Norman | $1.7M | 0.0 mi |
| Pickleman's Gourmet Cafe - Norman, Ok Norman | $1.7M | 0.0 mi |
| Crooked Crust Norman | $1.7M | 0.0 mi |
| Insomnia Cookies Norman | $1.7M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $901K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.0M |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $119K |
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 | $215K |
| Multiple for this size and industry | 1.8× |
| Value range | $113K – $294K |
| Revenue range | $719K – $1.2M |
| EBITDA range | $79K – $136K |
| 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
- BankingMidFirst 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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $38K | 8 |
| 2/26/2021 | second | $37K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About B & K Alpha Inc
B & K Alpha Inc is a restaurants company in Norman, Oklahoma, in business since 1996. It is owned by Gary Mendell (Founder). Its estimated annual revenue is about $1.1M, with roughly $119K of EBITDA. It has about 3 employees. Its estimated business value is $215K (likely range $113K–$294K).
Common questions
- Who owns B & K Alpha Inc?
- B & K Alpha Inc is owned by Gary Mendell (Founder), according to public sources such as the company's website or filings.
- How much revenue does B & K Alpha Inc make?
- SeeBITDA estimates B & K Alpha Inc'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 B & K Alpha Inc worth?
- About $215K, roughly 1.8× its estimated EBITDA of $119K, typical for a restaurants company its size. Likely range: $113K–$294K.
- How many employees does B & K Alpha Inc have?
- About 3, from its 2021 retirement-plan filing.
- When was B & K Alpha Inc founded?
- B & K Alpha Inc has been in business since 1996.
- Is B & K Alpha Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 30 years (since 1996); founder still runs it after 30 years.