El Patio of Elk City, LLC
How we got $418K
Based on its 24 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
Signs of a sale Likely to sell
- In business 26 years (since 2000)
- Founder still runs it after 26 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
El Patio is a Mexican restaurant, bar and grill with locations in Enid, Ponca City and Weatherford, Oklahoma, serving fresh Mexican food and margaritas.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EL PATIO OF ELK CITY, LLC this business | $2.4M | — |
| Huddle House Elk City | $1.7M | 0.3 mi |
| EL ZARAPE LLC Elk City · 14 employees | $1.5M | 0.3 mi |
| Rockin' Rooster Elk City | $1.7M | 0.7 mi |
| Roma's Restaurant Elk City | $1.7M | 0.8 mi |
| CHUCKS LLC Elk City · 3 employees | $342K | 1.0 mi |
| Aimee Donuts Elk City | $1.7M | 1.0 mi |
Ranges & sources
| Revenue range | $1.5M – $2.7M |
| EBITDA range | $153K – $265K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
| Value range | $220K – $572K |
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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020 | All 1,690 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 | $104K | 24 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About El Patio of Elk City, LLC
El Patio of Elk City, LLC is a restaurants company in Elk City, Oklahoma, in business since 2000. It is owned by Noel Melendez Sr (Founder). Its estimated annual revenue is about $2.4M, with roughly $232K of EBITDA. It has about 24 employees. Its estimated business value is $418K (likely range $220K–$572K).
Common questions
- Who owns El Patio of Elk City, LLC?
- El Patio of Elk City, LLC is owned by Noel Melendez Sr (Founder), according to public sources such as the company's website or filings.
- How much revenue does El Patio of Elk City, LLC make?
- SeeBITDA estimates El Patio of Elk City, LLC's annual revenue at about $2.4M (likely between $1.5M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is El Patio of Elk City, LLC worth?
- About $418K, roughly 1.8× its estimated EBITDA of $232K, typical for a restaurants company its size. Likely range: $220K–$572K.
- How many employees does El Patio of Elk City, LLC have?
- About 24, as reported on its PPP loan.
- When was El Patio of Elk City, LLC founded?
- El Patio of Elk City, LLC has been in business since 2000.
- Is El Patio of Elk City, LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 26 years (since 2000); founder still runs it after 26 years; no family successor named on its website.