Ned's Catering, Inc.
How we got $1.1M
Based on its 40 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 72% 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
Signs of a sale Some signs of a sale
- In business 42 years (since 1984)
From public records and the company's website, not a statement that it's for sale.
What they do
Ned's Catering is a professional catering business in Oklahoma City, OK, offering food and service for corporate parties, wedding receptions and other special occasions.
From the company's website. Industry: Caterers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NED'S CATERING, INC. this business | $4.1M | — |
| SWADLEY'S CATERING, LLC Oklahoma City · 15 employees | $2.6M | 0.6 mi |
| GREGORY BRITT Oklahoma City · 1 employees | $149K | 0.6 mi |
| DFG BOUNTY HUNTER BOXING LLC Oklahoma City · 2 employees | $228K | 2.1 mi |
| IN LUCK BANQUET, LLC Oklahoma City · 8 employees | $1.4M | 2.6 mi |
| ROCKING P, LLC Oklahoma City · 6 employees | $697K | 2.7 mi |
| GROUP E CATERING LLC Oklahoma City · 3 employees | $429K | 2.8 mi |
The full calculation
| Employees reported to the SBA | 40 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $4.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $372K |
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 | $1.1M |
| Multiple for this size and industry | 3× |
| Value range | $587K – $1.5M |
| Revenue range | $2.7M – $4.7M |
| EBITDA range | $245K – $424K |
| Industry (NAICS) | Caterers (722320) |
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
- BankingThe Exchange 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
| The Exchange Bank PPP 2020, PPP 2021 | All 125 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $138K | 40 |
| 1/16/2021 | second | $193K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ned's Catering, Inc.
Ned's Catering, Inc. is a family-owned caterers company in Oklahoma City, Oklahoma, in business since 1984. Its estimated annual revenue is about $4.1M, with roughly $372K of EBITDA. It has about 40 employees. Its estimated business value is $1.1M (likely range $587K–$1.5M).
Common questions
- Who owns Ned's Catering, Inc.?
- The owner of Ned's Catering, 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 Ned's Catering, Inc. make?
- SeeBITDA estimates Ned's Catering, Inc.'s annual revenue at about $4.1M (likely between $2.7M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ned's Catering, Inc. worth?
- About $1.1M, roughly 3× its estimated EBITDA of $372K, typical for a caterers company its size. Likely range: $587K–$1.5M.
- How many employees does Ned's Catering, Inc. have?
- About 40, as reported on its PPP loan.
- When was Ned's Catering, Inc. founded?
- Ned's Catering, Inc. has been in business since 1984.