Cattlemen's Steakhouse, Inc.
- David EganDirector of Operations · Company website
How we got $4.7M
Based on its 170 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Likely to sell
- In business 116 years (since 1910)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Cattlemen's Steakhouse is a historic restaurant in Oklahoma City's Stockyards City, known for steaks, breakfasts and its own brewed beers, serving diners including cowboys, ranchers and cattle haulers.
From the company's website. Industry: Restaurants.
Customers & suppliers
Suppliers & brands
- Krebs Brewing · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LAZY J ARENA, LLC · Stillwater, 48 mi · $30.7M
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 0 mi · $30.1M
- EXPRESS RANCHES INC · Yukon, 13 mi · $18.0M
- LANCE RHODES · Fairview, 82 mi · $10.9M
- CASTLE ROCK HEF, LLC · Oklahoma City, 11 mi · $10.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CATTLEMEN'S STEAKHOUSE, INC. this business | $20.1M | — |
| Stockyards Sarsaparilla Oklahoma City | $1.7M | 0.0 mi |
| Country Fare Oklahoma City | $1.7M | 0.0 mi |
| McClintock Saloon & Chop House Oklahoma City | $1.7M | 0.1 mi |
| MC STOCKYARD CITY LLC Oklahoma City · 35 employees | $3.7M | 0.1 mi |
| HEATHER'S STOCKYARD CAFE LLC Oklahoma City · 3 employees | $786K | 0.1 mi |
| Pana Deria La Herradura Oklahoma City | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 170 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $20.6M |
| Estimate: the two combined (geometric mean) | $20.1M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.5M |
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 | $4.7M |
| Multiple for this size and industry | 3.2× |
| Value range | $2.5M – $6.5M |
| Revenue range | $13.2M – $22.9M |
| EBITDA range | $974K – $1.7M |
| 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
“Cattlemen's Cafe opened its doors to hungry cowboys, ranchers, cattle haulers and the like in 1910.”
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $921K | 170 |
| 1/28/2021 | second | $1.3M | 137 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cattlemen's Steakhouse, Inc.
Cattlemen's Steakhouse, Inc. is a restaurants company in Oklahoma City, Oklahoma, in business since 1910. It is owned by Hank Fry. Its estimated annual revenue is about $20.1M, with roughly $1.5M of EBITDA. It has about 170 employees. Its estimated business value is $4.7M (likely range $2.5M–$6.5M).
Common questions
- Who owns Cattlemen's Steakhouse, Inc.?
- Cattlemen's Steakhouse, Inc. is owned by Hank Fry, according to public sources such as the company's website or filings.
- How much revenue does Cattlemen's Steakhouse, Inc. make?
- SeeBITDA estimates Cattlemen's Steakhouse, Inc.'s annual revenue at about $20.1M (likely between $13.2M and $22.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cattlemen's Steakhouse, Inc. worth?
- About $4.7M, roughly 3.2× its estimated EBITDA of $1.5M, typical for a restaurants company its size. Likely range: $2.5M–$6.5M.
- How many employees does Cattlemen's Steakhouse, Inc. have?
- About 170, as reported on its PPP loan.
- When was Cattlemen's Steakhouse, Inc. founded?
- Cattlemen's Steakhouse, Inc. has been in business since 1910.
- Is Cattlemen's Steakhouse, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 116 years (since 1910); no family successor named on its website.