Classic Drive Ins., Inc.
How we got $417K
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 35% 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
▼ 83% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 12 | $1.2M |
| 2020 | Form 5500 | 2 | $198K |
| 2021 | Form 5500 | 2 | $198K |
| 2022 | Form 5500 | 2 | $198K |
| 2023 | Form 5500 | 2 | $198K |
| 2024 | Form 5500 | 2 | $198K |
| 2025 | Form 5500 | 2 | $198K |
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 |
|---|---|---|
| CLASSIC DRIVE INS., INC. this business | $780K | — |
| CLOUD NINE PRODUCTIONS, INC. Tulsa · 3 employees | $1.6M | 0.6 mi |
| RED DIRT COMMUNICATIONS INC Tulsa · 1 employees | $736K | 0.9 mi |
| Eton Square 6 Cinema Tulsa | $1.6M | 1.1 mi |
| FOUR STAR ENTERTAINMENT, LLC Tulsa · 14 employees | $1.7M | 1.1 mi |
| FOURSTAR ENTERTAINMENT LLC Tulsa · 14 employees | $1.8M | 1.1 mi |
| FULL CREDIT MEDIA LLC Tulsa · 4 employees | $3.1M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $416K |
| Estimate: the two combined (geometric mean) | $780K |
| EBITDA margin (industry, adjusted for size) | 21% |
| EBITDA = revenue × margin | $167K |
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 | $417K |
| Multiple for this size and industry | 2.5× |
| Value range | $219K – $570K |
| Revenue range | $513K – $889K |
| EBITDA range | $110K – $190K |
| Industry (NAICS) | Drive-in motion picture theaters (512132) |
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. 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
- BankingSecurity 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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $9K | 12 |
About Classic Drive Ins., Inc.
Classic Drive Ins., Inc. is a drive-in motion picture theaters company in Tulsa, Oklahoma. Its estimated annual revenue is about $780K, with roughly $167K of EBITDA. It has about 2 employees. Its estimated business value is $417K (likely range $219K–$570K).
Common questions
- Who owns Classic Drive Ins., Inc.?
- The owner of Classic Drive Ins., 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 Drive Ins., Inc. make?
- SeeBITDA estimates Classic Drive Ins., Inc.'s annual revenue at about $780K (likely between $513K and $889K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Classic Drive Ins., Inc. worth?
- About $417K, roughly 2.5× its estimated EBITDA of $167K, typical for a drive-in motion picture theaters company its size. Likely range: $219K–$570K.
- How many employees does Classic Drive Ins., Inc. have?
- About 2, from its 2025 retirement-plan filing.