Lucy's Two
How we got $159K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| LUCY'S TWO this business | $809K | — |
| Cricket's Emporium Mcalester | $1.7M | 0.1 mi |
| Downtown Nutrition Mcalester | $1.7M | 0.1 mi |
| Le Salt Mcalester | $1.7M | 0.1 mi |
| Meeting Place Mcalester | $1.7M | 0.1 mi |
| UNDERDAWG INC. Mcalester · 4 employees | $587K | 0.1 mi |
| El Jalisco Mcalester | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $691K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $729K |
| Estimate: the two combined (geometric mean) | $809K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $88K |
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 | $159K |
| Multiple for this size and industry | 1.8× |
| Value range | $84K – $218K |
| Revenue range | $532K – $923K |
| EBITDA range | $58K – $101K |
| 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 National Bank & Trust Company of McAlesterPPP / 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 Roles are as stated there and may be out of date.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 National Bank & Trust Company of McAlester PPP 2020, PPP 2021 | All 248 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $20K | 6 |
| 1/17/2021 | second | $28K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lucy's Two
Lucy's Two is a restaurants company in Mcalester, Oklahoma, in business since 2010. Its estimated annual revenue is about $809K, with roughly $88K of EBITDA. It has about 6 employees. Its estimated business value is $159K (likely range $84K–$218K).
Common questions
- Who owns Lucy's Two?
- The owner of Lucy's Two 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 Lucy's Two make?
- SeeBITDA estimates Lucy's Two's annual revenue at about $809K (likely between $532K and $923K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lucy's Two worth?
- About $159K, roughly 1.8× its estimated EBITDA of $88K, typical for a restaurants company its size. Likely range: $84K–$218K.
- How many employees does Lucy's Two have?
- About 6, as reported on its PPP loan.
- When was Lucy's Two founded?
- Lucy's Two has been in business since 2010.