Drake's Restaurant, LLC
How we got $240K
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DRAKE'S RESTAURANT, LLC this business | $1.2M | — |
| GOODFELLA'S OF GROVE LLC Grove · 10 employees | $1.0M | 0.1 mi |
| RPB HOLDINGS LLC Grove · 60 employees | $3.2M | 0.1 mi |
| Made By Holley Grove | $1.7M | 0.1 mi |
| The Local Farm To Table Grove | $1.7M | 0.1 mi |
| Goodfella's Pizzeria Grove | $1.7M | 0.2 mi |
| Domino's Grove | $1.7M | 0.2 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) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $134K |
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 | $240K |
| Multiple for this size and industry | 1.8× |
| Value range | $127K – $329K |
| Revenue range | $804K – $1.4M |
| EBITDA range | $88K – $152K |
| 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
History & advisors
Advisors
- BankingBank of Grand LakePPP / 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 Roles are as stated there and may be out of date.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
| Bank of Grand Lake PPP 2020 | All 112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $40K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Drake's Restaurant, LLC
Drake's Restaurant, LLC is a restaurants company in Grove, Oklahoma, in business since 2026. Its estimated annual revenue is about $1.2M, with roughly $134K of EBITDA. It has about 12 employees. Its estimated business value is $240K (likely range $127K–$329K).
Common questions
- Who owns Drake's Restaurant, LLC?
- The owner of Drake's Restaurant, 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 Drake's Restaurant, LLC make?
- SeeBITDA estimates Drake's Restaurant, LLC's annual revenue at about $1.2M (likely between $804K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Drake's Restaurant, LLC worth?
- About $240K, roughly 1.8× its estimated EBITDA of $134K, typical for a restaurants company its size. Likely range: $127K–$329K.
- How many employees does Drake's Restaurant, LLC have?
- About 12, as reported on its PPP loan.
- When was Drake's Restaurant, LLC founded?
- Drake's Restaurant, LLC has been in business since 2026.