Golden India Palace Inc.
How we got $326K
Based on its 13 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GOLDEN INDIA PALACE INC. this business | $1.8M | — |
| Your Pie Tulsa | $1.7M | 0.0 mi |
| Krab Kingz Seafood Tulsa Tulsa | $1.7M | 0.0 mi |
| Dunkin' Tulsa | $1.7M | 0.0 mi |
| Best Asian Buffet Tulsa | $1.7M | 0.0 mi |
| Panera Bread Tulsa | $1.7M | 0.0 mi |
| Church's Texas Chicken Tulsa | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $181K |
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 | $326K |
| Multiple for this size and industry | 1.8× |
| Value range | $171K – $446K |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $119K – $206K |
| 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
- BankingGrand 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 Roles are as stated there and may be out of date.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
| Grand Bank PPP 2020, PPP 2021 | All 407 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $82K | 11 |
| 1/19/2021 | second | $132K | 13 |
About Golden India Palace Inc.
Golden India Palace Inc. is a restaurants company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $181K of EBITDA. It has about 13 employees. Its estimated business value is $326K (likely range $171K–$446K).
Common questions
- Who owns Golden India Palace Inc.?
- The owner of Golden India Palace 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 Golden India Palace Inc. make?
- SeeBITDA estimates Golden India Palace Inc.'s annual revenue at about $1.8M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Golden India Palace Inc. worth?
- About $326K, roughly 1.8× its estimated EBITDA of $181K, typical for a restaurants company its size. Likely range: $171K–$446K.
- How many employees does Golden India Palace Inc. have?
- About 13, as reported on its PPP loan.