SeeBITDAOklahoma

New East Gourmet Super Buffet, Inc

  • 621 S GEORGE NIGH EXPRESSWAY, Mcalester, OK
Estimated valueMedium confidence
$213K
$112Klikely range$292K
About 1.8× its yearly profit, typical for a company this size in its industry.
Revenue
$1.1M
a year
Profit (EBITDA)
$118K
11% of revenue
Employees
7
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $213K

Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.

7 employees × $115K each$806K
PPP payroll ÷ payroll's usual share of revenue$1.1M
Shown toward the top of its range×1.14
Revenue$1.1M
× 11% profit margin$118K
× 1.8 sale multiple = value$213K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 29% since 2020
$0$123K$245K20202026

Today'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

BusinessEst. revenueEst. profitDistance
NEW EAST GOURMET SUPER BUFFET, INC
this business
$1.1M$118K—
It's Just Wings
Mcalester
$1.7M$184K0.0 mi
Braum's Ice Cream & Dairy Store
Mcalester
$1.7M$184K0.1 mi
Popeyes
Mcalester
$1.7M$184K0.1 mi
A&W ENTERPRISES, LLC
Mcalester · 42 employees
$4.9M$439K0.1 mi
KENTUCKY FRIED CHICKEN OF MCALESTER OKLAHOMA INC
Mcalester · 63 employees
$7.8M$619K0.1 mi
MAZZIO'S OF MCALESTER L.L.C.
Mcalester · 16 employees
$1.9M$183K0.1 mi

The full calculation

Employees reported to the SBA7
Revenue from headcount (employees × revenue per employee for companies this size)$806K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.1M
Estimate: the two combined (geometric mean)$1.1M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$118K

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$213K
Multiple for this size and industry1.8×
Value range$112K – $292K
Revenue range$714K – $1.2M
EBITDA range$78K – $135K
Industry (NAICS)Limited-Service Restaurants (722513)

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

  • 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 2020, PPP 2021
All 7,048 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/11/2020first$31K$31K7BancFirst
2/5/2021second$43K$43K7BancFirst

About New East Gourmet Super Buffet, Inc

New East Gourmet Super Buffet, Inc is a restaurants company in Mcalester, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $118K of EBITDA. It has about 7 employees. Its estimated business value is $213K (likely range $112K–$292K).

Common questions

Who owns New East Gourmet Super Buffet, Inc?
The owner of New East Gourmet Super Buffet, 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 New East Gourmet Super Buffet, Inc make?
SeeBITDA estimates New East Gourmet Super Buffet, Inc's annual revenue at about $1.1M (likely between $714K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is New East Gourmet Super Buffet, Inc worth?
About $213K, roughly 1.8× its estimated EBITDA of $118K, typical for a restaurants company its size. Likely range: $112K–$292K.
How many employees does New East Gourmet Super Buffet, Inc have?
About 7, as reported on its PPP loan.