SeeBITDAOklahoma

Classic 50's Inc

  • 1521 W LINDSEY ST, Norman, OK
Estimated valueMedium confidence
$238K
$125Klikely range$326K
About 1.8× its yearly profit, typical for a company this size in its industry.
Revenue
$1.2M
a year
Profit (EBITDA)
$132K
11% of revenue
Employees
10
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $238K

Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.

10 employees × $89K each$887K
PPP payroll ÷ payroll's usual share of revenue$1.3M
Shown toward the top of its range×1.14
Revenue$1.2M
× 11% profit margin$132K
× 1.8 sale multiple = value$238K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Estimated value over time

▲ 29% since 2020
$0$137K$274K20202026

Today'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

BusinessEst. revenueEst. profitDistance
CLASSIC 50'S INC
this business
$1.2M$132K—
McDonald's
Norman
$1.7M$184K0.1 mi
Commonspace Game Cafe
Norman
$1.7M$184K0.1 mi
Mr Hui
Norman
$1.7M$184K0.1 mi
Sonic Drive In
Norman
$1.7M$184K0.1 mi
BIG WILL, LLC
Norman · 15 employees
$1.8M$174K0.1 mi
Ray's Bbq
Norman
$1.7M$184K0.1 mi

The full calculation

Employees reported to the SBA10
Revenue from headcount (employees × revenue per employee for companies this size)$887K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.3M
Estimate: the two combined (geometric mean)$1.2M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$132K

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$238K
Multiple for this size and industry1.8×
Value range$125K – $326K
Revenue range$798K – $1.4M
EBITDA range$87K – $151K
Industry (NAICS)Limited-Service Restaurants (722513)

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

  • BankingArmstrong 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

Armstrong Bank
PPP 2020
All 1,355 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$43K$44K10Armstrong Bank

About Classic 50's Inc

Classic 50's Inc is a restaurants company in Norman, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $132K of EBITDA. It has about 10 employees. Its estimated business value is $238K (likely range $125K–$326K).

Common questions

Who owns Classic 50's Inc?
The owner of Classic 50's 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 Classic 50's Inc make?
SeeBITDA estimates Classic 50's Inc's annual revenue at about $1.2M (likely between $798K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Classic 50's Inc worth?
About $238K, roughly 1.8× its estimated EBITDA of $132K, typical for a restaurants company its size. Likely range: $125K–$326K.
How many employees does Classic 50's Inc have?
About 10, as reported on its PPP loan.