How we got $127K
Based on its 7 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 21% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| KATTS COVE this business | $523K | — |
| The Cove Club Oklahoma City | $760K | 0.0 mi |
| El 2002 Oklahoma City | $760K | 0.7 mi |
| The Aloha Oklahoma City | $760K | 1.7 mi |
| K Saloon Oklahoma City | $760K | 1.7 mi |
| MEUSIS, LLC Del City · 1 employees | $177K | 1.7 mi |
| 1933 Moonshine and Bourbon Lounge Oklahoma City | $760K | 1.7 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $610K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $345K |
| Estimate: the two combined (geometric mean) | $523K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $67K |
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 | $127K |
| Multiple for this size and industry | 1.9× |
| Value range | $67K – $174K |
| Revenue range | $344K – $597K |
| EBITDA range | $44K – $76K |
| Industry (NAICS) | Drinking Places (Alcoholic Beverages) (722410) |
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
- BankingFirst Fidelity 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 Roles are as stated there and may be out of date.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 Fidelity Bank PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/25/2021 | first | $12K | 7 |
About Katts Cove
Katts Cove is a bars company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $523K, with roughly $67K of EBITDA. It has about 7 employees. Its estimated business value is $127K (likely range $67K–$174K).
Common questions
- Who owns Katts Cove?
- The owner of Katts Cove 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 Katts Cove make?
- SeeBITDA estimates Katts Cove's annual revenue at about $523K (likely between $344K and $597K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Katts Cove worth?
- About $127K, roughly 1.9× its estimated EBITDA of $67K, typical for a bars company its size. Likely range: $67K–$174K.
- How many employees does Katts Cove have?
- About 7, as reported on its PPP loan.