Mcgills 61st, Inc.
How we got $610K
Based on its 22 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 |
|---|---|---|
| MCGILLS 61ST, INC. this business | $2.9M | — |
| MCGILL'S 61ST INC Tulsa · 29 employees | $3.4M | 0.0 mi |
| CAVA Tulsa | $1.7M | 0.0 mi |
| Chipotle Mexican Grill Tulsa | $1.7M | 0.0 mi |
| McGill's on Yale Tulsa | $1.7M | 0.0 mi |
| Mi Tierra Mexican Kitchen Tulsa | $1.7M | 0.0 mi |
| SALAD AT KINGSPOINTE VILLAGE, LLC Tulsa · 13 employees | $1.7M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.9M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $290K |
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 | $610K |
| Multiple for this size and industry | 2.1× |
| Value range | $321K – $835K |
| Revenue range | $1.9M – $3.4M |
| EBITDA range | $191K – $331K |
| 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
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020 | All 851 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 | $178K | 22 |
About Mcgills 61st, Inc.
Mcgills 61st, Inc. is a restaurants company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.9M, with roughly $290K of EBITDA. It has about 22 employees. Its estimated business value is $610K (likely range $321K–$835K).
Common questions
- Who owns Mcgills 61st, Inc.?
- The owner of Mcgills 61st, 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 Mcgills 61st, Inc. make?
- SeeBITDA estimates Mcgills 61st, Inc.'s annual revenue at about $2.9M (likely between $1.9M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mcgills 61st, Inc. worth?
- About $610K, roughly 2.1× its estimated EBITDA of $290K, typical for a restaurants company its size. Likely range: $321K–$835K.
- How many employees does Mcgills 61st, Inc. have?
- About 22, as reported on its PPP loan.