Charleston's-Tulsa, LLC
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
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
Charleston's is a casual, upbeat restaurant with a modestly priced menu of traditional American classics prepared from scratch daily. It is part of the Hal Smith Restaurants group.
From the company's website. Industry: Restaurants.
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-TULSA, LLC this business | $7.1M | — |
| CHARLESTONS- TULSA II L.L.C. Tulsa · 47 employees | $7.2M | 0.0 mi |
| Fuji Tulsa | $1.7M | 0.0 mi |
| Five Guys Tulsa | $1.7M | 0.0 mi |
| The Pop House Tulsa | $1.7M | 0.0 mi |
| HANA FUSION, LLC Tulsa · 15 employees | $2.0M | 0.0 mi |
| Josh's Sno Cone Shack Tulsa | $1.7M | 0.0 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) | $7.9M |
| Estimate: the two combined (geometric mean) | $7.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $641K |
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 | $877K – $2.3M |
| Revenue range | $4.7M – $8.1M |
| EBITDA range | $422K – $731K |
| 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 |
|---|---|---|---|
| 4/9/2020 | first | $363K | 63 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Charleston's-Tulsa, LLC
Charleston's-Tulsa, LLC is a restaurants company in Tulsa, Oklahoma, in business since 1998. Its estimated annual revenue is about $7.1M, with roughly $641K of EBITDA. It has about 63 employees. Its estimated business value is $1.7M (likely range $877K–$2.3M).
Common questions
- Who owns Charleston's-Tulsa, LLC?
- The owner of Charleston's-Tulsa, 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 Charleston's-Tulsa, LLC make?
- SeeBITDA estimates Charleston's-Tulsa, LLC's annual revenue at about $7.1M (likely between $4.7M and $8.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Charleston's-Tulsa, LLC worth?
- About $1.7M, roughly 2.6× its estimated EBITDA of $641K, typical for a restaurants company its size. Likely range: $877K–$2.3M.
- How many employees does Charleston's-Tulsa, LLC have?
- About 63, as reported on its PPP loan.
- When was Charleston's-Tulsa, LLC founded?
- Charleston's-Tulsa, LLC has been in business since 1998.