New Golden China LLC
How we got $114K
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 20% since 2021Today'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 |
|---|---|---|
| NEW GOLDEN CHINA LLC this business | $495K | — |
| OSAKI STEAK HOUSE OF ELK, INC. Elk City · 13 employees | $1.3M | 0.0 mi |
| The Ice Shack Elk City | $1.7M | 0.1 mi |
| G's Garden Restaurant Elk City | $1.7M | 0.1 mi |
| KFC Elk City | $1.7M | 0.2 mi |
| Manny's Elk City | $1.7M | 0.3 mi |
| BIG SPLASH BURGERS, LLC Elk City · 3 employees | $510K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $552K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $341K |
| Estimate: the two combined (geometric mean) | $495K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $63K |
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 | $114K |
| Multiple for this size and industry | 1.8× |
| Value range | $60K – $156K |
| Revenue range | $326K – $564K |
| EBITDA range | $42K – $72K |
| 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
People & advisors
Advisors
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/23/2021 | first | $9K | 4 |
About New Golden China LLC
New Golden China LLC is a restaurants company in Elk City, Oklahoma. Its estimated annual revenue is about $495K, with roughly $63K of EBITDA. It has about 4 employees. Its estimated business value is $114K (likely range $60K–$156K).
Common questions
- Who owns New Golden China LLC?
- The owner of New Golden China LLC 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 Golden China LLC make?
- SeeBITDA estimates New Golden China LLC's annual revenue at about $495K (likely between $326K and $564K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is New Golden China LLC worth?
- About $114K, roughly 1.8× its estimated EBITDA of $63K, typical for a restaurants company its size. Likely range: $60K–$156K.
- How many employees does New Golden China LLC have?
- About 4, as reported on its PPP loan.