SeeBITDAOklahoma

Hideaway- 2 Inc

Estimated valueLow confidence
$18.4M
$9.7Mlikely range$25.2M
About 3.9× its yearly profit, typical for a company this size in its industry.
Revenue
$63.9M
a year
Profit (EBITDA)
$4.7M
7% of revenue
Employees
500
reported in 2020
Leadership
Darren Lister and Brett Murphy
Owners · source
Some signs of a sale
  • Darren Lister
    Purchaser of the company (leadership, 2006) · Company website
  • Brett Murphy
    Purchaser of the company (leadership, 2006) · Company website

How we got $18.4M

Based on its 500 employees and its payroll, both reported for PPP in 2020 and brought up to date.

500 employees × $75K each$37.6M
PPP payroll ÷ payroll's usual share of revenue$83.6M
Shown toward the top of its range×1.14
Revenue$63.9M
× 7% profit margin$4.7M
× 3.9 sale multiple = value$18.4M

· Own this business? Correct these figures

Estimated value over time

▲ 26% since 2020
$0$20.9M$41.7M20202023202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 100% since 2020
01k2k20202023202420255001000
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan500$30.0M$2.2M
2023Form 5500872$52.3M$3.9M
2024Form 5500600$36.0M$2.7M
2025Form 55001,000$59.9M$4.4M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 69 years (since 1957)
  • Family in the business (Brett Murphy, Purchaser of the company (leadership, 2006))

From public records and the company's website, not a statement that it's for sale.

What they do

Hideaway Pizza is a family pizza restaurant chain founded in 1957 that serves pizza, starters, salads, sandwiches, pastas and desserts, along with craft beer and bar service at some locations.

Products & services
PizzaStartersSaladsSpecialty PizzasSandwichesBaked PastasDessertsBuild Your Own PizzaCateringTie-dyed teesTie-dye kitesTo-go cups
Markets served
Friends
Service area
NormanNorth Little RockStillwaterPlanoBartlesvilleMcKinneyTexasOklahoma

From the company's website. Industry: Restaurants.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
HIDEAWAY- 2 INC
this business
$63.9M$4.7M—
Cherry & Bark
Tulsa
$1.7M$184K0.1 mi
Mamo's Seafood & More
Tulsa
$1.7M$184K0.2 mi
FarmBar
Tulsa
$1.7M$184K0.2 mi
BURN CO INC
Tulsa · 25 employees
$2.5M$243K0.2 mi
BURNCO INC.
Tulsa · 34 employees
$5.2M$471K0.2 mi
DALESANDRO'S LLC
Tulsa · 14 employees
$1.1M$125K0.2 mi

The full calculation

Employees reported to the SBA500
Revenue from headcount (employees × revenue per employee for companies this size)$37.6M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$83.6M
Estimate: the two combined (geometric mean)$63.9M
EBITDA margin (industry, adjusted for size)7%
EBITDA = revenue × margin$4.7M

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$18.4M
Multiple for this size and industry3.9×
Value range$9.7M – $25.2M
Revenue range$42.0M – $72.8M
EBITDA range$3.1M – $5.4M
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

History & advisors

Founded 1957
“Hideaway Pizza was founded in 1957 by Richard "The Big Kahuna" Dermer and his wife, Marti, with the first location in Stillwater—famously near Oklahoma State University.”

Advisors

  • BankingMidFirst 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

MidFirst Bank
PPP 2020
All 2,403 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$3.7M$3.8M500MidFirst Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Hideaway- 2 Inc

Hideaway- 2 Inc is a restaurants company in Tulsa, Oklahoma, in business since 1957. It is owned by Darren Lister and Brett Murphy (Owners). Its estimated annual revenue is about $63.9M, with roughly $4.7M of EBITDA. It has about 1,000 employees. Its estimated business value is $18.4M (likely range $9.7M–$25.2M).

Common questions

Who owns Hideaway- 2 Inc?
Hideaway- 2 Inc is owned by Darren Lister and Brett Murphy (Owners), according to public sources such as the company's website or filings.
How much revenue does Hideaway- 2 Inc make?
SeeBITDA estimates Hideaway- 2 Inc's annual revenue at about $63.9M (likely between $42.0M and $72.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Hideaway- 2 Inc worth?
About $18.4M, roughly 3.9× its estimated EBITDA of $4.7M, typical for a restaurants company its size. Likely range: $9.7M–$25.2M.
How many employees does Hideaway- 2 Inc have?
About 1,000, from its 2025 retirement-plan filing.
When was Hideaway- 2 Inc founded?
Hideaway- 2 Inc has been in business since 1957.