Bwitched Inc.
How we got $226K
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| BWITCHED INC. this business | $1.1M | — |
| VICTORIA'S - THE PASTA SHOP Norman · 36 employees | $3.1M | 0.0 mi |
| Apple Tree Chocolate Norman | $1.7M | 0.0 mi |
| JORDAN CAPITAL INVESTMENTS Norman · 10 employees | $594K | 0.0 mi |
| DAS BOOT CAMP, LLC Norman · 18 employees | $1.8M | 0.0 mi |
| Rosa Mezcal Norman | $1.7M | 0.0 mi |
| Nashbird Norman | $1.7M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $752K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $126K |
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 | $226K |
| Multiple for this size and industry | 1.8× |
| Value range | $119K – $309K |
| Revenue range | $756K – $1.3M |
| EBITDA range | $83K – $143K |
| 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
Advisors
- BankingFirst Fidelity Bank, Armstrong 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 Roles are as stated there and may be out of date.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 2021 | All 1,355 borrowers → |
| First Fidelity Bank PPP 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $28K | 15 |
| 1/25/2021 | second | $39K | 15 |
About Bwitched Inc.
Bwitched Inc. is a restaurants company in Norman, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $126K of EBITDA. It has about 15 employees. Its estimated business value is $226K (likely range $119K–$309K).
Common questions
- Who owns Bwitched Inc.?
- The owner of Bwitched 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 Bwitched Inc. make?
- SeeBITDA estimates Bwitched Inc.'s annual revenue at about $1.1M (likely between $756K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bwitched Inc. worth?
- About $226K, roughly 1.8× its estimated EBITDA of $126K, typical for a restaurants company its size. Likely range: $119K–$309K.
- How many employees does Bwitched Inc. have?
- About 15, as reported on its PPP loan.