How we got $142K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LIU'S 1688 INC this business | $617K | — |
| LIUS 1688 INC Elgin · 4 employees | $616K | 0.0 mi |
| Chef India Food Truck Elgin | $1.7M | 0.0 mi |
| SONIC DRIVE IN ELGIN LTD LP Elgin · 41 employees | $3.4M | 0.0 mi |
| Billy Sims BBQ Elgin | $1.7M | 0.1 mi |
| China Garden Elgin | $1.7M | 0.1 mi |
| Subway Elgin | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $552K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $529K |
| Estimate: the two combined (geometric mean) | $617K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $79K |
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 | $142K |
| Multiple for this size and industry | 1.8× |
| Value range | $75K – $194K |
| Revenue range | $406K – $703K |
| EBITDA range | $52K – $90K |
| 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
- BankingThe Huntington National 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 Roles are as stated there and may be out of date.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
| The Huntington National Bank PPP 2020 | All 21 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/13/2020 | first | $14K | 4 |
About Liu's 1688 Inc
Liu's 1688 Inc is a restaurants company in Elgin, Oklahoma. Its estimated annual revenue is about $617K, with roughly $79K of EBITDA. It has about 4 employees. Its estimated business value is $142K (likely range $75K–$194K).
Common questions
- Who owns Liu's 1688 Inc?
- The owner of Liu's 1688 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 Liu's 1688 Inc make?
- SeeBITDA estimates Liu's 1688 Inc's annual revenue at about $617K (likely between $406K and $703K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Liu's 1688 Inc worth?
- About $142K, roughly 1.8× its estimated EBITDA of $79K, typical for a restaurants company its size. Likely range: $75K–$194K.
- How many employees does Liu's 1688 Inc have?
- About 4, as reported on its PPP loan.