Morrison Enterprises Inc
How we got $189K
Based on its 8 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 |
|---|---|---|
| MORRISON ENTERPRISES INC this business | $964K | — |
| Main Street Diner Chelsea | $1.7M | 0.0 mi |
| Rolling Sweets Bakery Chelsea | $1.7M | 0.1 mi |
| Brown's Donuts Chelsea | $1.7M | 0.1 mi |
| Casey's Chelsea | $1.7M | 0.2 mi |
| Mazzio's Pizza & Wings Chelsea | $1.7M | 0.2 mi |
| WOODSHED SUBWAY CHELSEA LLC Chelsea · 6 employees | $640K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $915K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $781K |
| Estimate: the two combined (geometric mean) | $964K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $105K |
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 | $189K |
| Multiple for this size and industry | 1.8× |
| Value range | $100K – $259K |
| Revenue range | $634K – $1.1M |
| EBITDA range | $69K – $120K |
| 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
- BankingBank of CommercePPP / 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 Roles are as stated there and may be out of date.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
| Bank of Commerce PPP 2020, PPP 2021 | All 308 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $22K | 6 |
| 3/20/2021 | second | $31K | 8 |
About Morrison Enterprises Inc
Morrison Enterprises Inc is a restaurants company in Chelsea, Oklahoma. Its estimated annual revenue is about $964K, with roughly $105K of EBITDA. It has about 8 employees. Its estimated business value is $189K (likely range $100K–$259K).
Common questions
- Who owns Morrison Enterprises Inc?
- The owner of Morrison Enterprises 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 Morrison Enterprises Inc make?
- SeeBITDA estimates Morrison Enterprises Inc's annual revenue at about $964K (likely between $634K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Morrison Enterprises Inc worth?
- About $189K, roughly 1.8× its estimated EBITDA of $105K, typical for a restaurants company its size. Likely range: $100K–$259K.
- How many employees does Morrison Enterprises Inc have?
- About 8, as reported on its PPP loan.