How we got $357K
Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| KRUST INC this business | $2.0M | — |
| Fat Boys Pizza Lawton | $1.7M | 0.1 mi |
| Manila Express - Filipino & International Cuisine Lawton | $1.7M | 0.1 mi |
| Jaks Cafe Lawton | $1.7M | 0.4 mi |
| The Yum Yum Box Lawton | $1.7M | 0.4 mi |
| DeLaneys Sweet Tooth Confections Lawton | $1.7M | 0.4 mi |
| Tropical Maná Lawton | $1.7M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $198K |
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 | $357K |
| Multiple for this size and industry | 1.8× |
| Value range | $188K – $488K |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $130K – $226K |
| 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
History & advisors
Advisors
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $76K | 24 |
About Krust Inc
Krust Inc is a restaurants company in Lawton, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $198K of EBITDA. It has about 24 employees. Its estimated business value is $357K (likely range $188K–$488K).
Common questions
- Who owns Krust Inc?
- The owner of Krust Inc 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 Krust Inc make?
- SeeBITDA estimates Krust Inc's annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Krust Inc worth?
- About $357K, roughly 1.8× its estimated EBITDA of $198K, typical for a restaurants company its size. Likely range: $188K–$488K.
- How many employees does Krust Inc have?
- About 24, as reported on its PPP loan.