Higher Grounds, LLC
How we got $324K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 55% 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 |
|---|---|---|
| HIGHER GROUNDS, LLC this business | $2.4M | — |
| HALL OF FAME DISTRIBUTING INC Edmond · 3 employees | $7.2M | 5.2 mi |
| BREAKTIME FOODS LLC Warr Acres · 1 employees | $1.9M | 6.0 mi |
| GBC ENTERPRISES, LLC Oklahoma City · 27 employees | $27.1M | 7.1 mi |
| HOGUE DISTRIBUTING, INC Edmond · 1 employees | $1.6M | 7.2 mi |
| PIONEER MEAT BROKERAGE, INC. Edmond · 6 employees | $12.6M | 8.5 mi |
| HARMONIA DISTRO INC Oklahoma City | $15.9M | 8.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $135K |
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 | $324K |
| Multiple for this size and industry | 2.4× |
| Value range | $171K – $444K |
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $89K – $154K |
| Industry (NAICS) | Other Grocery and Related Products Merchant Wholesalers (424490) |
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. 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
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2020, PPP 2021 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $9K | 2 |
| 1/19/2021 | second | $9K | 2 |
About Higher Grounds, LLC
Higher Grounds, LLC is an other grocery and related products merchant wholesalers company in Edmond, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $135K of EBITDA. It has about 2 employees. Its estimated business value is $324K (likely range $171K–$444K).
Common questions
- Who owns Higher Grounds, LLC?
- The owner of Higher Grounds, 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 Higher Grounds, LLC make?
- SeeBITDA estimates Higher Grounds, LLC's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Higher Grounds, LLC worth?
- About $324K, roughly 2.4× its estimated EBITDA of $135K, typical for a other grocery and related products merchant wholesalers company its size. Likely range: $171K–$444K.
- How many employees does Higher Grounds, LLC have?
- About 2, as reported on its PPP loan.