Boomarang Bethany LLC
How we got $257K
Based on its 12 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 23% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Boomarang Diner is a family-owned diner chain serving classic, home-style food in Oklahoma, with over 60 locations in the Tulsa and Oklahoma City metro areas, Enid and Lawton.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BOOMARANG BETHANY LLC this business | $1.4M | — |
| Ding asian fusion sushi bar Bethany | $1.7M | 0.1 mi |
| DING DONG INC Bethany · 11 employees | $966K | 0.1 mi |
| The MEAT STOP 26 Oklahoma City | $1.7M | 0.1 mi |
| Chabil, Kathmandu Warr Acres | $1.7M | 0.2 mi |
| Not Cho Cheesecake Bethany | $1.7M | 0.2 mi |
| Pho 3Nine Bethany | $1.7M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $143K |
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 | $257K |
| Multiple for this size and industry | 1.8× |
| Value range | $135K – $352K |
| Revenue range | $952K – $1.6M |
| EBITDA range | $94K – $163K |
| 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
History & advisors
“The first Boomarang Diner was founded over 25 years ago as the East Side Diner in Muskogee, Oklahoma.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/22/2021 | second | $72K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Boomarang Bethany LLC
Boomarang Bethany LLC is a family-owned restaurants company in Bethany, Oklahoma, in business since 2007. Its estimated annual revenue is about $1.4M, with roughly $143K of EBITDA. It has about 12 employees. Its estimated business value is $257K (likely range $135K–$352K).
Common questions
- Who owns Boomarang Bethany LLC?
- The owner of Boomarang Bethany 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 Boomarang Bethany LLC make?
- SeeBITDA estimates Boomarang Bethany LLC's annual revenue at about $1.4M (likely between $952K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Boomarang Bethany LLC worth?
- About $257K, roughly 1.8× its estimated EBITDA of $143K, typical for a restaurants company its size. Likely range: $135K–$352K.
- How many employees does Boomarang Bethany LLC have?
- About 12, as reported on its PPP loan.
- When was Boomarang Bethany LLC founded?
- Boomarang Bethany LLC has been in business since 2007.