SeeBITDAOklahoma

Michaels Grill Inc

  • 2824 W Country Club Dr, Oklahoma City, OK
  • Since 2006
  • NAICS 722511
Estimated valueMedium confidence
$697K
$367Klikely range$954K
About 2.1× its yearly profit, typical for a company this size in its industry.
Revenue
$3.4M
a year
Profit (EBITDA)
$332K
10% of revenue
Employees
30
reported in 2021
Leadership
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $697K

Based on its 30 employees and its payroll, both reported for PPP in 2021 and brought up to date.

30 employees × $78K each$2.4M
PPP payroll ÷ payroll's usual share of revenue$3.7M
Shown toward the top of its range×1.14
Revenue$3.4M
× 10% profit margin$332K
× 2.1 sale multiple = value$697K

· Own this business? Correct these figures

Estimated value over time

▲ 20% since 2021
$0$401K$802K20212026

Today'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

PPP loan, 2021
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 20 years (since 2006)

From public records and the company's website, not a statement that it's for sale.

What they do

Michael's Grill is a restaurant in Oklahoma City serving hand-cut steaks, fresh seafood, pastas, and salads in a friendly, upbeat atmosphere. It has operated for more than 20 years.

Products & services
hand-cut steaksfresh seafoodpastassaladsTuscan RibeyeShrimp CocktailSpaghetti & Meatballs11oz Sirloin BurgerChicken PiccataGrilled ShrimpBrandy IceFresh Mozzarella Salad
Service area
Oklahoma City

From the company's website. Industry: Restaurants.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
MICHAELS GRILL INC
this business
$3.4M$332K—
MICHAEL'S GRILL, INC.
Oklahoma City · 20 employees
$2.7M$271K0.0 mi
WOODSHED COFFEE & TEA CO
Oklahoma City · 8 employees
$542K$59K0.0 mi
UMAMI SUSHI & HIBACHI all you can eat
Oklahoma City
$1.7M$184K0.0 mi
A SCOOP 4 ALL, LLC
Oklahoma City · 7 employees
$606K$66K0.0 mi
G&T VENTURES, LLC
Oklahoma City · 3 employees
$330K$42K0.0 mi
t, an urban teahouse
Oklahoma City
$1.7M$184K0.0 mi

The full calculation

Employees reported to the SBA30
Revenue from headcount (employees × revenue per employee for companies this size)$2.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$3.7M
Estimate: the two combined (geometric mean)$3.4M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$332K

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$697K
Multiple for this size and industry2.1×
Value range$367K – $954K
Revenue range$2.2M – $3.8M
EBITDA range$218K – $379K
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

  • BankingBancFirstPPP / 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

BancFirst
PPP 2021
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
2/23/2021second$238K$240K30BancFirst

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Michaels Grill Inc

Michaels Grill Inc is a restaurants company in Oklahoma City, Oklahoma, in business since 2006. Its estimated annual revenue is about $3.4M, with roughly $332K of EBITDA. It has about 30 employees. Its estimated business value is $697K (likely range $367K–$954K).

Common questions

Who owns Michaels Grill Inc?
The owner of Michaels Grill 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 Michaels Grill Inc make?
SeeBITDA estimates Michaels Grill Inc's annual revenue at about $3.4M (likely between $2.2M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Michaels Grill Inc worth?
About $697K, roughly 2.1× its estimated EBITDA of $332K, typical for a restaurants company its size. Likely range: $367K–$954K.
How many employees does Michaels Grill Inc have?
About 30, as reported on its PPP loan.
When was Michaels Grill Inc founded?
Michaels Grill Inc has been in business since 2006.