Charleston's Restaurant Group, Inc
How we got $41.6M
Based on its 234 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 20% 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.
Employees over time
▲ 5985% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 234 | $44.7M |
| 2020 | Form 5500 | 7,632 | $1.46B |
| 2021 | Form 5500 | 8,185 | $1.56B |
| 2022 | Form 5500 | 8,808 | $1.68B |
| 2023 | Form 5500 | 9,497 | $1.81B |
| 2024 | Form 5500 | 14,238 | $2.72B |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CHARLESTON'S RESTAURANT GROUP, INC this business | $83.2M | — |
| CBA ROCKCREEK LLC Norman · 8 employees | $2.8M | 1.0 mi |
| PILKINGTON FINANCIAL, LLC Norman · 2 employees | $889K | 2.2 mi |
| SKF ENTERPRISES LLC Norman · 1 employees | $484K | 3.2 mi |
| SMART IMAGE SYSTEMS INC Moore · 10 employees | $2.6M | 3.7 mi |
| K.M. MANAGEMENT LLC Norman · 3 employees | $1.5M | 4.4 mi |
| BRADY TOTAL PEST MANAGEMENT LLC Oklahoma City · 3 employees | $1.2M | 7.0 mi |
The full calculation
| Employees reported to the SBA | 234 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $70.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $75.9M |
| Estimate: the two combined (geometric mean) | $83.2M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $6.4M |
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 | $41.6M |
| Multiple for this size and industry | 6.5× |
| Value range | $21.9M – $56.9M |
| Revenue range | $54.7M – $94.8M |
| EBITDA range | $4.2M – $7.3M |
| Industry (NAICS) | Office Administrative Services (561110) |
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
Leadership
- DBDavid BrauckmannSigned for the company · 2024 retirement-plan filing (Form 5500)
Advisors
- AccountingBaker Tilly Us, LLPAudits its 401(k) plan (2024 filing)
- 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 |
|---|---|---|---|
| 4/7/2020 | first | $3.7M | 234 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Charleston's Restaurant Group, Inc
Charleston's Restaurant Group, Inc is an office administrative services company in Norman, Oklahoma. Its estimated annual revenue is about $83.2M, with roughly $6.4M of EBITDA. It has about 14,238 employees. Its estimated business value is $41.6M (likely range $21.9M–$56.9M).
Common questions
- Who owns Charleston's Restaurant Group, Inc?
- The owner of Charleston's Restaurant Group, 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 Restaurant Group, Inc make?
- SeeBITDA estimates Charleston's Restaurant Group, Inc's annual revenue at about $83.2M (likely between $54.7M and $94.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Charleston's Restaurant Group, Inc worth?
- About $41.6M, roughly 6.5× its estimated EBITDA of $6.4M, typical for a office administrative services company its size. Likely range: $21.9M–$56.9M.
- How many employees does Charleston's Restaurant Group, Inc have?
- About 14,238, from its 2024 retirement-plan filing.