Iguana Mexican Grill LLC
How we got $542K
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Iguana Mexican Grill is a Mexican restaurant in Automobile Alley, Oklahoma City, serving Fresh Mex food and margaritas for diners, and offering catering and private events.
From the company's website. Industry: Restaurants.
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 |
|---|---|---|
| IGUANA MEXICAN GRILL LLC this business | $2.6M | — |
| Katiebug's Sips & Sweets Oklahoma City | $1.7M | 0.0 mi |
| Nashbird Oklahoma City | $1.7M | 0.0 mi |
| HOT CHICK, INC. Oklahoma City · 23 employees | $2.4M | 0.0 mi |
| S&B's Burger Joint Oklahoma City | $1.7M | 0.0 mi |
| Legendary Investors Breakfast Oklahoma City | $1.7M | 0.1 mi |
| Kamp's 1910 Café Oklahoma City | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.3M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $258K |
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 | $542K |
| Multiple for this size and industry | 2.1× |
| Value range | $285K – $741K |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $170K – $294K |
| 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
“For the last decade, Iguana has been part of Oklahoma City's dining scene, serving Fresh Mex favorites, iconic margaritas, and memorable experiences in the heart of Historic Automobile Alley.”
Advisors
- BankingFirst National Bank of OklahomaPPP / 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
| First National Bank of Oklahoma PPP 2020, PPP 2021 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $155K | 20 |
| 1/19/2021 | second | $216K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Iguana Mexican Grill LLC
Iguana Mexican Grill LLC is a restaurants company in Oklahoma City, Oklahoma, in business since 2007. Its estimated annual revenue is about $2.6M, with roughly $258K of EBITDA. It has about 20 employees. Its estimated business value is $542K (likely range $285K–$741K).
Common questions
- Who owns Iguana Mexican Grill LLC?
- The owner of Iguana Mexican Grill 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 Iguana Mexican Grill LLC make?
- SeeBITDA estimates Iguana Mexican Grill LLC's annual revenue at about $2.6M (likely between $1.7M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Iguana Mexican Grill LLC worth?
- About $542K, roughly 2.1× its estimated EBITDA of $258K, typical for a restaurants company its size. Likely range: $285K–$741K.
- How many employees does Iguana Mexican Grill LLC have?
- About 20, as reported on its PPP loan.
- When was Iguana Mexican Grill LLC founded?
- Iguana Mexican Grill LLC has been in business since 2007.