Johnnie's Express 002 LLC
How we got $576K
Based on its 30 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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 |
|---|---|---|
| JOHNNIE'S EXPRESS 002 LLC this business | $2.8M | — |
| JOHNNIE'S CHARCOAL BROILER INC. Edmond · 122 employees | $16.1M | 0.0 mi |
| JOHNNIE'S YUKON LLC Edmond · 23 employees | $2.2M | 0.0 mi |
| JOHNNIE'S GROUP LLC Edmond · 97 employees | $6.9M | 0.0 mi |
| Ice-alicious Snow Edmond | $1.7M | 0.2 mi |
| Daylight Donuts Edmond | $1.7M | 0.2 mi |
| Ice-alicious Edmond | $1.7M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 30 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $274K |
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 | $576K |
| Multiple for this size and industry | 2.1× |
| Value range | $303K – $789K |
| Revenue range | $1.8M – $3.2M |
| EBITDA range | $181K – $313K |
| 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
People & advisors
Advisors
- BankingFirst Liberty 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 Roles are as stated there and may be out of date.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
| First Liberty Bank PPP 2020 | All 382 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $84K | 30 |
About Johnnie's Express 002 LLC
Johnnie's Express 002 LLC is a restaurants company in Edmond, Oklahoma. Its estimated annual revenue is about $2.8M, with roughly $274K of EBITDA. It has about 30 employees. Its estimated business value is $576K (likely range $303K–$789K).
Common questions
- Who owns Johnnie's Express 002 LLC?
- The owner of Johnnie's Express 002 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 Johnnie's Express 002 LLC make?
- SeeBITDA estimates Johnnie's Express 002 LLC's annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Johnnie's Express 002 LLC worth?
- About $576K, roughly 2.1× its estimated EBITDA of $274K, typical for a restaurants company its size. Likely range: $303K–$789K.
- How many employees does Johnnie's Express 002 LLC have?
- About 30, as reported on its PPP loan.