Fr Enterprises, LLC
How we got $393K
Based on its 24 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 |
|---|---|---|
| FR ENTERPRISES, LLC this business | $2.2M | — |
| Casey's Altus | $1.7M | 0.0 mi |
| Salt Fork Drafthouse Altus | $1.7M | 0.4 mi |
| Luigi's Pizzeria Altus | $1.7M | 0.5 mi |
| Altus Donuts & Fried Rice Altus | $1.7M | 0.9 mi |
| Pizza Hut Altus | $1.7M | 1.0 mi |
| GRIFFIN LEGACY & CO. INC. Altus | $1.2M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $218K |
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 | $393K |
| Multiple for this size and industry | 1.8× |
| Value range | $207K – $538K |
| Revenue range | $1.5M – $2.5M |
| EBITDA range | $144K – $249K |
| 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
- BankingSpiritBankPPP / 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 Roles are as stated there and may be out of date.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
| SpiritBank PPP 2020, PPP 2021 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $92K | 24 |
| 1/29/2021 | second | $129K | 24 |
About Fr Enterprises, LLC
Fr Enterprises, LLC is a restaurants company in Altus, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $218K of EBITDA. It has about 24 employees. Its estimated business value is $393K (likely range $207K–$538K).
Common questions
- Who owns Fr Enterprises, LLC?
- The owner of Fr Enterprises, 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 Fr Enterprises, LLC make?
- SeeBITDA estimates Fr Enterprises, LLC's annual revenue at about $2.2M (likely between $1.5M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fr Enterprises, LLC worth?
- About $393K, roughly 1.8× its estimated EBITDA of $218K, typical for a restaurants company its size. Likely range: $207K–$538K.
- How many employees does Fr Enterprises, LLC have?
- About 24, as reported on its PPP loan.