Backdoor Steakhouse Inc
How we got $231K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
The Backdoor Steakhouse is a restaurant in Blair, OK that has served Southwest Oklahoma for over 15 years, featuring certified Angus beef, appetizers, Southern American favorites, and a full bar.
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 |
|---|---|---|
| BACKDOOR STEAKHOUSE INC this business | $1.2M | — |
| RIVERSIDE CAFE OF MEDICINE PARK INC. Altus · 19 employees | $3.3M | 0.0 mi |
| SK EMPLOYMENT SERVICE LLC Altus · 40 employees | $3.1M | 0.0 mi |
| SK EMPLOYMENT SERVICES LLC Altus · 35 employees | $2.9M | 0.0 mi |
| WHITE BUFFALO COFFEE BAR, LLC Altus · 37 employees | $2.6M | 0.2 mi |
| FRED'S FAMOUS FISH & STEAKHOUSE, INC. Altus · 45 employees | $3.6M | 0.2 mi |
| Jersey Mike's Altus | $1.7M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $686K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $128K |
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 | $231K |
| Multiple for this size and industry | 1.8× |
| Value range | $121K – $316K |
| Revenue range | $773K – $1.3M |
| EBITDA range | $84K – $146K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingLiberty National 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
| Liberty National Bank PPP 2020, PPP 2021 | All 430 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 | $44K | 6 |
| 3/13/2021 | second | $44K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Backdoor Steakhouse Inc
Backdoor Steakhouse Inc is a restaurants company in Altus, Oklahoma, in business since 2022. Its estimated annual revenue is about $1.2M, with roughly $128K of EBITDA. It has about 6 employees. Its estimated business value is $231K (likely range $121K–$316K).
Common questions
- Who owns Backdoor Steakhouse Inc?
- The owner of Backdoor Steakhouse 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 Backdoor Steakhouse Inc make?
- SeeBITDA estimates Backdoor Steakhouse Inc's annual revenue at about $1.2M (likely between $773K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Backdoor Steakhouse Inc worth?
- About $231K, roughly 1.8× its estimated EBITDA of $128K, typical for a restaurants company its size. Likely range: $121K–$316K.
- How many employees does Backdoor Steakhouse Inc have?
- About 6, as reported on its PPP loan.
- When was Backdoor Steakhouse Inc founded?
- Backdoor Steakhouse Inc has been in business since 2022.