Billy Simms Bbq, LLC
How we got $270K
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Billy Sims BBQ is a barbecue restaurant business founded by former football athlete and BBQ pitmaster Billy Sims, which cooks meats on-site daily and serves dine-in and online-order customers.
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 |
|---|---|---|
| BILLY SIMMS BBQ, LLC this business | $1.5M | — |
| Baskin-Robbins Tulsa | $1.7M | 0.0 mi |
| Great Harvest Bread Tulsa | $1.7M | 0.0 mi |
| Oishi Sushi and Ramen OK Tulsa | $1.7M | 0.0 mi |
| Helen of Troy LLC Tulsa | $1.7M | 0.0 mi |
| don’t stress meowt - Cat Cafe Tulsa | $1.7M | 0.0 mi |
| RON'S HAMBURGERS & CHILI NO 5 INC Tulsa · 10 employees | $1.0M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $150K |
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 | $270K |
| Multiple for this size and industry | 1.8× |
| Value range | $142K – $369K |
| Revenue range | $997K – $1.7M |
| EBITDA range | $99K – $171K |
| 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
“In the early 2000s, Sims met current business partner, entrepreneur and retail expert, Jeff Jackson.”
Leadership
- BSBilly SimsActive role within the company (co-founder) · Company website · source
Advisors
- BankingOklahoma Capital 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
| Oklahoma Capital Bank PPP 2020 | All 45 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $50K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Billy Simms Bbq, LLC
Billy Simms Bbq, LLC is a restaurants company in Tulsa, Oklahoma, in business since 2004. It is owned by Jeff Jackson (CEO). Its estimated annual revenue is about $1.5M, with roughly $150K of EBITDA. It has about 21 employees. Its estimated business value is $270K (likely range $142K–$369K).
Common questions
- Who owns Billy Simms Bbq, LLC?
- Billy Simms Bbq, LLC is owned by Jeff Jackson (CEO), according to public sources such as the company's website or filings.
- How much revenue does Billy Simms Bbq, LLC make?
- SeeBITDA estimates Billy Simms Bbq, LLC's annual revenue at about $1.5M (likely between $997K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Billy Simms Bbq, LLC worth?
- About $270K, roughly 1.8× its estimated EBITDA of $150K, typical for a restaurants company its size. Likely range: $142K–$369K.
- How many employees does Billy Simms Bbq, LLC have?
- About 21, as reported on its PPP loan.
- When was Billy Simms Bbq, LLC founded?
- Billy Simms Bbq, LLC has been in business since 2004.