Bergen Food Enterprises, Inc
- Jessica Bergen-ElliottSigns company filings · Form 5500 (2021)
How we got $1.7M
Based on its 71 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Bergen Enterprises is a multigenerational, family-owned Oklahoma company with business lines spanning restaurants, agriculture, energy, land management, investments, and sustainable resource development. Its Bergen Food Enterprises operates restaurants that have served customers for 60 years.
From the company's website. Industry: Restaurants.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 19 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 29 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 29 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 21 mi · $711.7M
- T/J INSPECTION, INC. · Del City, 17 mi · $651.7M
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
▲ 68% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 71 | $4.3M |
| 2021 | Form 5500 | 119 | $7.1M |
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 |
|---|---|---|
| BERGEN FOOD ENTERPRISES, INC this business | $8.2M | — |
| MARTIN FOOD ENTERPRISES, INC Norman · 90 employees | $9.7M | 0.0 mi |
| PIZZA HUT OF DURANT, INC Norman · 86 employees | $8.8M | 0.0 mi |
| Champs Chicken Norman | $1.7M | 0.2 mi |
| El Taco Loco Norman | $1.7M | 0.2 mi |
| MRHUI NORMAN 998 LLC Norman · 7 employees | $841K | 0.3 mi |
| STARS AND STRIPES PIZZA OF NORMAN LLC Norman · 5 employees | $626K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 71 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.2M |
| Estimate: the two combined (geometric mean) | $8.2M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $649K |
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 | $1.7M |
| Multiple for this size and industry | 2.6× |
| Value range | $888K – $2.3M |
| Revenue range | $5.4M – $9.3M |
| EBITDA range | $427K – $740K |
| 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
- AccountingEide Bailly LLPAudits its 401(k) plan (2021 filing)
- BankingArmstrong 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
| Armstrong Bank PPP 2020, PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $426K | 61 |
| 4/28/2021 | second | $597K | 71 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bergen Food Enterprises, Inc
Bergen Food Enterprises, Inc is a family-owned restaurants company in Norman, Oklahoma, in business since 2015. Its estimated annual revenue is about $8.2M, with roughly $649K of EBITDA. It has about 119 employees. Its estimated business value is $1.7M (likely range $888K–$2.3M).
Common questions
- Who owns Bergen Food Enterprises, Inc?
- The owner of Bergen Food Enterprises, 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 Bergen Food Enterprises, Inc make?
- SeeBITDA estimates Bergen Food Enterprises, Inc's annual revenue at about $8.2M (likely between $5.4M and $9.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bergen Food Enterprises, Inc worth?
- About $1.7M, roughly 2.6× its estimated EBITDA of $649K, typical for a restaurants company its size. Likely range: $888K–$2.3M.
- How many employees does Bergen Food Enterprises, Inc have?
- About 119, from its 2021 retirement-plan filing.
- When was Bergen Food Enterprises, Inc founded?
- Bergen Food Enterprises, Inc has been in business since 2015.