Cities Ice Cream LLC
How we got $363K
Based on 22 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| CITIES ICE CREAM LLC this business | $2.0M | — |
| HOTT WINGS LLC Edmond · 25 employees | $2.3M | 0.0 mi |
| OAK CITY PIZZA CO LLC Edmond · 13 employees | $928K | 0.0 mi |
| OLIVE TREE II Edmond · 16 employees | $1.3M | 0.0 mi |
| RAILYARD TACOS, LLC Edmond · 12 employees | $1.3M | 0.0 mi |
| Remix Ramen Edmond | $1.7M | 0.0 mi |
| No Cow Bakery and Cafe Edmond | $1.7M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Industry revenue per employee | $60K |
| Revenue = employees × revenue per employee | $2.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $202K |
| Cross-check: revenue implied by PPP payroll | $416K |
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 | $363K |
| Multiple for this size and industry | 1.8× |
| Value range | $172K – $516K |
| Revenue range | $1.2M – $2.4M |
| EBITDA range | $119K – $239K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Advisors
- BankingValliance 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 Roles are as stated there and may be out of date.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
| Valliance Bank PPP 2020, PPP 2021 | All 439 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 | $19K | 14 |
| 1/20/2021 | second | $27K | 22 |
About Cities Ice Cream LLC
Cities Ice Cream LLC is a restaurants company in Edmond, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $202K of EBITDA. It has about 22 employees. Its estimated business value is $363K (likely range $172K–$516K).
Common questions
- Who owns Cities Ice Cream LLC?
- The owner of Cities Ice Cream 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 Cities Ice Cream LLC make?
- SeeBITDA estimates Cities Ice Cream LLC's annual revenue at about $2.0M (likely between $1.2M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cities Ice Cream LLC worth?
- About $363K, roughly 1.8× its estimated EBITDA of $202K, typical for a restaurants company its size. Likely range: $172K–$516K.
- How many employees does Cities Ice Cream LLC have?
- About 22, as reported on its PPP loan.