How we got $23.8M
Based on its 475 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.
Employees over time
▲ 23% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 475 | $28.5M |
| 2020 | Form 5500 | 706 | $42.3M |
| 2021 | Form 5500 | 577 | $34.6M |
| 2022 | Form 5500 | 611 | $36.6M |
| 2023 | Form 5500 | 626 | $37.5M |
| 2024 | Form 5500 | 584 | $35.0M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Likely to sell
- In business 65 years (since 1961)
- Founder still runs it after 65 years
From public records and the company's website, not a statement that it's for sale.
What they do
Mazzio's is a pizza restaurant chain with a menu, online ordering, catering, and gift cards, and it offers franchise information.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MAZZIO'S LLC this business | $80.0M | — |
| Macias Cuban Sandwich Deli LLC Tulsa | $1.7M | 0.4 mi |
| Tacos El Toro Tulsa | $1.7M | 0.5 mi |
| Rice Bowl Cafe Tulsa | $1.7M | 0.5 mi |
| Camo Cafe Tulsa | $1.7M | 0.5 mi |
| Cafe Cubana Tulsa | $1.7M | 0.5 mi |
| Jumbo's Hamburgers Tulsa | $1.7M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 475 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $42.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $117.3M |
| Estimate: the two combined (geometric mean) | $80.0M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $5.2M |
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 | $23.8M |
| Multiple for this size and industry | 4.6× |
| Value range | $12.5M – $32.5M |
| Revenue range | $52.6M – $91.2M |
| EBITDA range | $3.4M – $5.9M |
| Industry (NAICS) | Full-Service Restaurants (722511) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- AccountingGbq Partners LLCAudits its 401(k) plan (2024 filing)
- 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 |
|---|---|---|---|
| 4/7/2020 | first | $5.2M | 475 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mazzio's LLC
Mazzio's LLC is a restaurants company in Tulsa, Oklahoma, in business since 1961. It is owned by Ken Selby (Founder). Its estimated annual revenue is about $80.0M, with roughly $5.2M of EBITDA. It has about 584 employees. Its estimated business value is $23.8M (likely range $12.5M–$32.5M).
Common questions
- Who owns Mazzio's LLC?
- Mazzio's LLC is owned by Ken Selby (Founder), according to public sources such as the company's website or filings.
- How much revenue does Mazzio's LLC make?
- SeeBITDA estimates Mazzio's LLC's annual revenue at about $80.0M (likely between $52.6M and $91.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mazzio's LLC worth?
- About $23.8M, roughly 4.6× its estimated EBITDA of $5.2M, typical for a restaurants company its size. Likely range: $12.5M–$32.5M.
- How many employees does Mazzio's LLC have?
- About 584, from its 2024 retirement-plan filing.
- When was Mazzio's LLC founded?
- Mazzio's LLC has been in business since 1961.
- Is Mazzio's LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 65 years (since 1961); founder still runs it after 65 years.