Nickels Incorporated
How we got $225K
Based on its 9 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
What they do
Nickels Point is a gas station that also operates a restaurant and convenience store in Weatherford, OK. It serves locals and travelers with breakfast, burgers, sandwiches, salads, weekly specials and a weekend buffet.
From the company's website. Industry: Restaurants.
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 |
|---|---|---|
| NICKELS INCORPORATED this business | $1.1M | — |
| PITTMAN'S POINT LLC Weatherford · 2 employees | $506K | 0.0 mi |
| The Burger Joint (Inside The Point) Weatherford | $1.7M | 0.0 mi |
| Domino's Pizza Weatherford | $1.7M | 0.1 mi |
| Tortilleria El Chaparral Weatherford | $1.7M | 0.1 mi |
| Osaki Steakhouse And Sushi Weatherford | $1.7M | 0.4 mi |
| Osaki Steakhouse And Sushi Weatherford | $1.7M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $976K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $125K |
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 | $225K |
| Multiple for this size and industry | 1.8× |
| Value range | $118K – $307K |
| Revenue range | $752K – $1.3M |
| EBITDA range | $82K – $142K |
| 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
- BankingLegacy 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
| Legacy Bank 7(a) 2020, PPP 2021 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/24/2021 | first | $28K | 9 |
Public records
| Sep 2020 | 7(a) | $66K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Nickels Incorporated
Nickels Incorporated is a restaurants company in Weatherford, Oklahoma, in business since 2023. Its estimated annual revenue is about $1.1M, with roughly $125K of EBITDA. It has about 9 employees. Its estimated business value is $225K (likely range $118K–$307K).
Common questions
- Who owns Nickels Incorporated?
- The owner of Nickels Incorporated 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 Nickels Incorporated make?
- SeeBITDA estimates Nickels Incorporated's annual revenue at about $1.1M (likely between $752K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nickels Incorporated worth?
- About $225K, roughly 1.8× its estimated EBITDA of $125K, typical for a restaurants company its size. Likely range: $118K–$307K.
- How many employees does Nickels Incorporated have?
- About 9, as reported on its PPP loan.
- When was Nickels Incorporated founded?
- Nickels Incorporated has been in business since 2023.