Flips Restaurant Inc
How we got $654K
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| FLIPS RESTAURANT INC this business | $3.2M | — |
| Flip's Wine Bar & Trattoria Oklahoma City | $1.7M | 0.0 mi |
| CAFE 501 CLASSEN CURVE OKC, LLC Oklahoma City · 54 employees | $4.8M | 0.1 mi |
| Chef Curry To Go Oklahoma City | $1.7M | 0.1 mi |
| THE UPPER CRUST, LLC Oklahoma City · 38 employees | $4.2M | 0.1 mi |
| Sonic Drive In Oklahoma City | $1.7M | 0.1 mi |
| Allegro Coffee Company Oklahoma City | $1.7M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $312K |
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 | $654K |
| Multiple for this size and industry | 2.1× |
| Value range | $344K – $895K |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $205K – $355K |
| 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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $161K | 28 |
| 2/8/2021 | second | $225K | 28 |
About Flips Restaurant Inc
Flips Restaurant Inc is a restaurants company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $3.2M, with roughly $312K of EBITDA. It has about 28 employees. Its estimated business value is $654K (likely range $344K–$895K).
Common questions
- Who owns Flips Restaurant Inc?
- The owner of Flips Restaurant 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 Flips Restaurant Inc make?
- SeeBITDA estimates Flips Restaurant Inc's annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Flips Restaurant Inc worth?
- About $654K, roughly 2.1× its estimated EBITDA of $312K, typical for a restaurants company its size. Likely range: $344K–$895K.
- How many employees does Flips Restaurant Inc have?
- About 28, as reported on its PPP loan.