Downtown South Enterprises, Inc
How we got $150K
Based on 6 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Downtown Tulsa Partnership is a nonprofit that advocates for and manages improvement services in Downtown Tulsa, including cleaning, beautification, events, and marketing, for property owners, businesses, residents and visitors.
From the company's website. Industry: Bars.
Customers & suppliers
Customers
- Bank of Oklahoma · named on its website
- Helmerich Payne · named on its website
- McNellie's Group · named on its website
- ONEOK · named on its website
- Williams · named on its website
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 |
|---|---|---|
| DOWNTOWN SOUTH ENTERPRISES, INC this business | $618K | — |
| MAX RETROPUB, LLC Tulsa · 5 employees | $734K | 0.0 mi |
| THE MAX RETROPUB LLC Tulsa · 11 employees | $958K | 0.0 mi |
| Ripley's Bar and Grill Tulsa | $760K | 0.0 mi |
| SIERRA 65, LLC Tulsa · 13 employees | $1.1M | 0.0 mi |
| Vintage Wine Bar Tulsa | $760K | 0.0 mi |
| Woody's Corner Bar Tulsa | $760K | 0.0 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Industry revenue per employee | $65K |
| Revenue = employees × revenue per employee | $618K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $79K |
| Cross-check: revenue implied by PPP payroll | $7K |
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 | $150K |
| Multiple for this size and industry | 1.9× |
| Value range | $71K – $213K |
| Revenue range | $366K – $731K |
| EBITDA range | $47K – $94K |
| Industry (NAICS) | Drinking Places (Alcoholic Beverages) (722410) |
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
People & advisors
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $250 | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Downtown South Enterprises, Inc
Downtown South Enterprises, Inc is a bars company in Tulsa, Oklahoma, in business since 2011. Its estimated annual revenue is about $618K, with roughly $79K of EBITDA. It has about 6 employees. Its estimated business value is $150K (likely range $71K–$213K).
Common questions
- Who owns Downtown South Enterprises, Inc?
- The owner of Downtown South Enterprises, 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 Downtown South Enterprises, Inc make?
- SeeBITDA estimates Downtown South Enterprises, Inc's annual revenue at about $618K (likely between $366K and $731K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Downtown South Enterprises, Inc worth?
- About $150K, roughly 1.9× its estimated EBITDA of $79K, typical for a bars company its size. Likely range: $71K–$213K.
- How many employees does Downtown South Enterprises, Inc have?
- About 6, as reported on its PPP loan.
- When was Downtown South Enterprises, Inc founded?
- Downtown South Enterprises, Inc has been in business since 2011.