Charleston's of Meridian, Inc.
How we got $1.7M
Based on its 63 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 |
|---|---|---|
| CHARLESTON'S OF MERIDIAN, INC. this business | $7.4M | — |
| Charleston's Restaurant Oklahoma City | $1.7M | 0.0 mi |
| Subway Oklahoma City | $1.7M | 0.0 mi |
| Off The Hook Seafood South Oklahoma City | $1.7M | 0.1 mi |
| DKSUB 28831 INC. Oklahoma City · 6 employees | $727K | 0.1 mi |
| Shorty Smalls Oklahoma City | $1.7M | 0.1 mi |
| SONIC DRIVE-IN, 1900 SOUTH MERIDIAN, A LIMITED PARTNERSHIP Oklahoma City · 18 employees | $1.5M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 63 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.4M |
| Estimate: the two combined (geometric mean) | $7.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $664K |
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 | $1.7M |
| Multiple for this size and industry | 2.6× |
| Value range | $908K – $2.4M |
| Revenue range | $4.8M – $8.4M |
| EBITDA range | $437K – $757K |
| 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
- 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 Roles are as stated there and may be out of date.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 2020 | 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 |
|---|---|---|---|
| 4/8/2020 | first | $389K | 63 |
About Charleston's of Meridian, Inc.
Charleston's of Meridian, Inc. is a restaurants company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $7.4M, with roughly $664K of EBITDA. It has about 63 employees. Its estimated business value is $1.7M (likely range $908K–$2.4M).
Common questions
- Who owns Charleston's of Meridian, Inc.?
- The owner of Charleston's of Meridian, 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 Charleston's of Meridian, Inc. make?
- SeeBITDA estimates Charleston's of Meridian, Inc.'s annual revenue at about $7.4M (likely between $4.8M and $8.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Charleston's of Meridian, Inc. worth?
- About $1.7M, roughly 2.6× its estimated EBITDA of $664K, typical for a restaurants company its size. Likely range: $908K–$2.4M.
- How many employees does Charleston's of Meridian, Inc. have?
- About 63, as reported on its PPP loan.