Blue Spruce Enterprises, LLC
How we got $111K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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 |
|---|---|---|
| BLUE SPRUCE ENTERPRISES, LLC this business | $480K | — |
| Stillwater Sweets Bakery Stillwater | $1.7M | 0.0 mi |
| Louie's Grill & Bar Stillwater | $1.7M | 0.0 mi |
| SIMPLICITY AND CO. TEA HOUSE LLC Stillwater · 5 employees | $681K | 0.0 mi |
| LOUIE'S-STILLWATER, LLC Stillwater · 30 employees | $3.9M | 0.0 mi |
| LOUIES- STILLWATER L.L.C. Stillwater · 22 employees | $2.8M | 0.0 mi |
| Rocky Mountain Chocolate Factory Stillwater | $1.7M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $576K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $308K |
| Estimate: the two combined (geometric mean) | $480K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $61K |
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 | $111K |
| Multiple for this size and industry | 1.8× |
| Value range | $58K – $151K |
| Revenue range | $316K – $547K |
| EBITDA range | $40K – $70K |
| Industry (NAICS) | Limited-Service Restaurants (722513) |
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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $8K | 5 |
| 4/22/2021 | second | $12K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Blue Spruce Enterprises, LLC
Blue Spruce Enterprises, LLC is a restaurants company in Stillwater, Oklahoma, in business since 2012. Its estimated annual revenue is about $480K, with roughly $61K of EBITDA. It has about 5 employees. Its estimated business value is $111K (likely range $58K–$151K).
Common questions
- Who owns Blue Spruce Enterprises, LLC?
- The owner of Blue Spruce Enterprises, 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 Blue Spruce Enterprises, LLC make?
- SeeBITDA estimates Blue Spruce Enterprises, LLC's annual revenue at about $480K (likely between $316K and $547K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Blue Spruce Enterprises, LLC worth?
- About $111K, roughly 1.8× its estimated EBITDA of $61K, typical for a restaurants company its size. Likely range: $58K–$151K.
- How many employees does Blue Spruce Enterprises, LLC have?
- About 5, as reported on its PPP loan.
- When was Blue Spruce Enterprises, LLC founded?
- Blue Spruce Enterprises, LLC has been in business since 2012.