Neptune Submarine Sandwiches Inc.
How we got $256K
Based on its 7 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 |
|---|---|---|
| NEPTUNE SUBMARINE SANDWICHES INC. this business | $1.3M | — |
| FUNG'S KITCHEN INC Oklahoma City · 9 employees | $2.0M | 0.0 mi |
| Pho Thai Nguyen Oklahoma City | $1.7M | 0.0 mi |
| Subway Oklahoma City | $1.7M | 0.1 mi |
| Lee's Sandwiches Oklahoma City | $1.7M | 0.1 mi |
| AJMT LLC Oklahoma City · 25 employees | $1.7M | 0.1 mi |
| Gyro's By Ali Oklahoma City | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $800K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $142K |
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 | $256K |
| Multiple for this size and industry | 1.8× |
| Value range | $135K – $350K |
| Revenue range | $857K – $1.5M |
| EBITDA range | $94K – $162K |
| 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
People & advisors
Advisors
- BankingThe Central Trust 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 Roles are as stated there and may be out of date.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 Central Trust Bank PPP 2020 | All 323 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 | $47K | 7 |
About Neptune Submarine Sandwiches Inc.
Neptune Submarine Sandwiches Inc. is a restaurants company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.3M, with roughly $142K of EBITDA. It has about 7 employees. Its estimated business value is $256K (likely range $135K–$350K).
Common questions
- Who owns Neptune Submarine Sandwiches Inc.?
- The owner of Neptune Submarine Sandwiches 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 Neptune Submarine Sandwiches Inc. make?
- SeeBITDA estimates Neptune Submarine Sandwiches Inc.'s annual revenue at about $1.3M (likely between $857K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Neptune Submarine Sandwiches Inc. worth?
- About $256K, roughly 1.8× its estimated EBITDA of $142K, typical for a restaurants company its size. Likely range: $135K–$350K.
- How many employees does Neptune Submarine Sandwiches Inc. have?
- About 7, as reported on its PPP loan.