SeeBITDAOklahoma

Kong's Norman LLC

  • 563 Buchanan Ave, Norman, OK
  • Since 2017
Estimated valueMedium confidence
$262K
$138Klikely range$358K
About 1.8× its yearly profit, typical for a company this size in its industry.
Revenue
$1.3M
a year
Profit (EBITDA)
$146K
11% of revenue
Employees
16
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $262K

Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.

16 employees × $90K each$1.4M
PPP payroll ÷ payroll's usual share of revenue$948K
Shown toward the top of its range×1.14
Revenue$1.3M
× 11% profit margin$146K
× 1.8 sale multiple = value$262K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Estimated value over time

▲ 26% since 2020
$0$151K$301K20202026

Today'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

BusinessEst. revenueEst. profitDistance
KONG'S NORMAN LLC
this business
$1.3M$146K—
Hurts Donut Company
Norman
$1.7M$184K0.0 mi
Turquoise Cafe
Norman
$1.7M$184K0.0 mi
Second Wind Coffeehouse
Norman
$64K$8K0.0 mi
Chimy's
Norman
$1.7M$184K0.0 mi
TAVERN VENTURES I, LLC
Norman · 31 employees
$3.4M$339K0.0 mi
JSMM NORMAN LLC
Norman · 13 employees
$1.1M$105K0.0 mi

The full calculation

Employees reported to the SBA16
Revenue from headcount (employees × revenue per employee for companies this size)$1.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$948K
Estimate: the two combined (geometric mean)$1.3M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$146K

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$262K
Multiple for this size and industry1.8×
Value range$138K – $358K
Revenue range$877K – $1.5M
EBITDA range$96K – $166K
Industry (NAICS)Full-Service Restaurants (722511)

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

  • BankingBOKF, National AssociationPPP / 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

BOKF, National Association
PPP 2020
All 2,399 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/14/2020first$36K$36K16BOKF, National Association

Public records

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

About Kong's Norman LLC

Kong's Norman LLC is a restaurants company in Norman, Oklahoma, in business since 2017. Its estimated annual revenue is about $1.3M, with roughly $146K of EBITDA. It has about 16 employees. Its estimated business value is $262K (likely range $138K–$358K).

Common questions

Who owns Kong's Norman LLC?
The owner of Kong's Norman 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 Kong's Norman LLC make?
SeeBITDA estimates Kong's Norman LLC's annual revenue at about $1.3M (likely between $877K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Kong's Norman LLC worth?
About $262K, roughly 1.8× its estimated EBITDA of $146K, typical for a restaurants company its size. Likely range: $138K–$358K.
How many employees does Kong's Norman LLC have?
About 16, as reported on its PPP loan.
When was Kong's Norman LLC founded?
Kong's Norman LLC has been in business since 2017.