Gore's Sonic, LLC
How we got $8.4M
Based on 279 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| GORE'S SONIC, LLC this business | $29.2M | — |
| Delizioso Bistro & Coffee Bar Seiling | $1.7M | 0.1 mi |
| GORE'S COFFEE, LLC Seiling · 279 employees | $29.2M | 0.1 mi |
| Sonic Drive-In Chester | $1.7M | 0.1 mi |
| CROOKED ARROW CAFE, LLC. Seiling · 23 employees | $1.2M | 2.4 mi |
| Oklahoma Hills Cafe Seiling | $1.7M | 2.4 mi |
| Subway Seiling | $1.7M | 2.4 mi |
The full calculation
| Employees reported to the SBA | 279 |
| Industry revenue per employee | $60K |
| Revenue = employees × revenue per employee | $29.2M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $2.2M |
| Cross-check: revenue implied by PPP payroll | $2.8M |
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 | $8.4M |
| Multiple for this size and industry | 3.9× |
| Value range | $4.0M – $11.9M |
| Revenue range | $17.2M – $34.5M |
| EBITDA range | $1.3M – $2.5M |
| Industry (NAICS) | Full-Service Restaurants (722511) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingAlva State Bank & Trust Company, The Seiling State 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 Roles are as stated there and may be out of date.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
| Alva State Bank & Trust Company PPP 2020 | All 172 borrowers → |
| The Seiling State Bank PPP 2021 | All 48 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $127K | 28 |
| 3/2/2021 | second | $143K | 279 |
About Gore's Sonic, LLC
Gore's Sonic, LLC is a restaurants company in Seiling, Oklahoma. Its estimated annual revenue is about $29.2M, with roughly $2.2M of EBITDA. It has about 279 employees. Its estimated business value is $8.4M (likely range $4.0M–$11.9M).
Common questions
- Who owns Gore's Sonic, LLC?
- The owner of Gore's Sonic, 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 Gore's Sonic, LLC make?
- SeeBITDA estimates Gore's Sonic, LLC's annual revenue at about $29.2M (likely between $17.2M and $34.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gore's Sonic, LLC worth?
- About $8.4M, roughly 3.9× its estimated EBITDA of $2.2M, typical for a restaurants company its size. Likely range: $4.0M–$11.9M.
- How many employees does Gore's Sonic, LLC have?
- About 279, as reported on its PPP loan.