Hare Rama 24 LLC
How we got $238K
Based on its 14 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 23% since 2021Today'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 |
|---|---|---|
| HARE RAMA 24 LLC this business | $1.2M | — |
| Laredo Taco Company Oklahoma City | $1.7M | 0.0 mi |
| Tropical Smoothie Cafe Oklahoma City | $1.7M | 0.0 mi |
| Wendy's Oklahoma City | $1.7M | 0.1 mi |
| Sherlocks Club Oklahoma City | $1.7M | 0.1 mi |
| Ruthie's Last Call Oklahoma City | $1.7M | 0.1 mi |
| Taco Cabana Oklahoma City | $1.7M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 14 |
| 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) | $909K |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $132K |
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 | $238K |
| Multiple for this size and industry | 1.8× |
| Value range | $125K – $326K |
| Revenue range | $797K – $1.4M |
| EBITDA range | $87K – $151K |
| Industry (NAICS) | Limited-Service Restaurants (722513) |
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
- BankingSimmons 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 Roles are as stated there and may be out of date.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
| Simmons Bank PPP 2021 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/11/2021 | second | $43K | 14 |
About Hare Rama 24 LLC
Hare Rama 24 LLC is a restaurants company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $132K of EBITDA. It has about 14 employees. Its estimated business value is $238K (likely range $125K–$326K).
Common questions
- Who owns Hare Rama 24 LLC?
- The owner of Hare Rama 24 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 Hare Rama 24 LLC make?
- SeeBITDA estimates Hare Rama 24 LLC's annual revenue at about $1.2M (likely between $797K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hare Rama 24 LLC worth?
- About $238K, roughly 1.8× its estimated EBITDA of $132K, typical for a restaurants company its size. Likely range: $125K–$326K.
- How many employees does Hare Rama 24 LLC have?
- About 14, as reported on its PPP loan.