Florence's Restaurant LLC
How we got $128K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Florence's Restaurant is a Southern soul food restaurant in Oklahoma City that also hosts parties and does catering. It was established in 1952 and serves its menu of country-style food.
From the company's website. Industry: Restaurants.
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 |
|---|---|---|
| FLORENCE'S RESTAURANT LLC this business | $555K | — |
| Church's Chicken Oklahoma City | $1.7M | 0.0 mi |
| Louisiana Cook House Oklahoma City | $1.7M | 0.1 mi |
| El Metate Authentic Mexican Food OKC Oklahoma City | $1.7M | 0.1 mi |
| 23rd Street Nutrition Oklahoma City | $1.7M | 0.1 mi |
| Cheddars Oklahoma City | $1.7M | 0.2 mi |
| Swajjur's BBQ and More Oklahoma City | $1.7M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $414K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $571K |
| Estimate: the two combined (geometric mean) | $555K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $71K |
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 | $128K |
| Multiple for this size and industry | 1.8× |
| Value range | $67K – $175K |
| Revenue range | $365K – $632K |
| EBITDA range | $47K – $81K |
| 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
People & advisors
Advisors
- BankingJPMorgan Chase Bank, National AssociationPPP / 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
| JPMorgan Chase Bank, National Association PPP 2020 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $15K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Florence's Restaurant LLC
Florence's Restaurant LLC is a restaurants company in Oklahoma City, Oklahoma, in business since 2021. Its estimated annual revenue is about $555K, with roughly $71K of EBITDA. It has about 3 employees. Its estimated business value is $128K (likely range $67K–$175K).
Common questions
- Who owns Florence's Restaurant LLC?
- The owner of Florence'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 Florence's Restaurant LLC make?
- SeeBITDA estimates Florence's Restaurant LLC's annual revenue at about $555K (likely between $365K and $632K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Florence's Restaurant LLC worth?
- About $128K, roughly 1.8× its estimated EBITDA of $71K, typical for a restaurants company its size. Likely range: $67K–$175K.
- How many employees does Florence's Restaurant LLC have?
- About 3, as reported on its PPP loan.
- When was Florence's Restaurant LLC founded?
- Florence's Restaurant LLC has been in business since 2021.