Freeway Cafe Inc
How we got $1.6M
Based on its 100 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 35 years (since 1991)
From public records and the company's website, not a statement that it's for sale.
What they do
Freeway Cafe is a family-owned Tulsa diner serving home-style breakfast, lunch and dinner at four Tulsa locations, and offers special events and catering.
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 |
|---|---|---|
| FREEWAY CAFE INC this business | $7.5M | — |
| Little Caesars Pizza Tulsa | $1.7M | 0.0 mi |
| Harden's Hamburgers Tulsa | $1.7M | 0.1 mi |
| Sugar Ruth Bakery Tulsa | $1.7M | 0.2 mi |
| LEONS SMOKE SHACK BBQ Tulsa · 5 employees | $382K | 0.2 mi |
| Two 2's Pi House Tulsa | $1.7M | 0.3 mi |
| Sabor Centroamericano Tulsa | $1.7M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 100 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.0M |
| Estimate: the two combined (geometric mean) | $7.5M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $599K |
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 | $1.6M |
| Multiple for this size and industry | 2.6× |
| Value range | $820K – $2.1M |
| Revenue range | $5.0M – $8.6M |
| EBITDA range | $394K – $683K |
| 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
“Freeway Café was founded in 1991 with a simple vision: to serve delicious homestyle meals in a warm, welcoming atmosphere where every guest feels like family.”
Advisors
- BankingFirst Bank of OwassoPPP / 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
| First Bank of Owasso PPP 2020, PPP 2021 | All 426 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $222K | 99 |
| 1/16/2021 | second | $355K | 100 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Freeway Cafe Inc
Freeway Cafe Inc is a family-owned restaurants company in Tulsa, Oklahoma, in business since 1991. Its estimated annual revenue is about $7.5M, with roughly $599K of EBITDA. It has about 100 employees. Its estimated business value is $1.6M (likely range $820K–$2.1M).
Common questions
- Who owns Freeway Cafe Inc?
- The owner of Freeway Cafe 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 Freeway Cafe Inc make?
- SeeBITDA estimates Freeway Cafe Inc's annual revenue at about $7.5M (likely between $5.0M and $8.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Freeway Cafe Inc worth?
- About $1.6M, roughly 2.6× its estimated EBITDA of $599K, typical for a restaurants company its size. Likely range: $820K–$2.1M.
- How many employees does Freeway Cafe Inc have?
- About 100, as reported on its PPP loan.
- When was Freeway Cafe Inc founded?
- Freeway Cafe Inc has been in business since 1991.