SeeBITDAOklahoma

Ocean 81 Sushi Bar, LLC

  • 7508 N. MAY AVE, Oklahoma City, OK
  • Since 2018
Estimated valueMedium confidence
$265K
$139Klikely range$362K
About 1.8× its yearly profit, typical for a company this size in its industry.
Revenue
$1.5M
a year
Profit (EBITDA)
$147K
10% of revenue
Employees
19
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $265K

Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.

19 employees × $90K each$1.7M
PPP payroll ÷ payroll's usual share of revenue$995K
Shown toward the top of its range×1.14
Revenue$1.5M
× 10% profit margin$147K
× 1.8 sale multiple = value$265K

· Own this business? Correct these figures

What we know

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

Estimated value over time

▲ 26% since 2020
$0$152K$304K20202026

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
OCEAN 81 SUSHI BAR, LLC
this business
$1.5M$147K—
Baskin-Robbins
Oklahoma City
$1.7M$184K0.0 mi
Pho Kim
Oklahoma City
$1.7M$184K0.0 mi
Okura
Oklahoma City
$1.7M$184K0.0 mi
t, an urban teahouse
Oklahoma City
$1.7M$184K0.0 mi
A SCOOP 4 ALL, LLC
Oklahoma City · 7 employees
$606K$66K0.0 mi
G&T VENTURES, LLC
Oklahoma City · 3 employees
$330K$42K0.0 mi

The full calculation

Employees reported to the SBA19
Revenue from headcount (employees × revenue per employee for companies this size)$1.7M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$995K
Estimate: the two combined (geometric mean)$1.5M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$147K

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$265K
Multiple for this size and industry1.8×
Value range$139K – $362K
Revenue range$979K – $1.7M
EBITDA range$97K – $168K
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

  • BankingKirkpatrick 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

Kirkpatrick Bank
PPP 2020, PPP 2021
All 258 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$37K$38K15Kirkpatrick Bank
1/16/2021second$81K$82K19Kirkpatrick Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Ocean 81 Sushi Bar, LLC

Ocean 81 Sushi Bar, LLC is a restaurants company in Oklahoma City, Oklahoma, in business since 2018. Its estimated annual revenue is about $1.5M, with roughly $147K of EBITDA. It has about 19 employees. Its estimated business value is $265K (likely range $139K–$362K).

Common questions

Who owns Ocean 81 Sushi Bar, LLC?
The owner of Ocean 81 Sushi Bar, 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 Ocean 81 Sushi Bar, LLC make?
SeeBITDA estimates Ocean 81 Sushi Bar, LLC's annual revenue at about $1.5M (likely between $979K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Ocean 81 Sushi Bar, LLC worth?
About $265K, roughly 1.8× its estimated EBITDA of $147K, typical for a restaurants company its size. Likely range: $139K–$362K.
How many employees does Ocean 81 Sushi Bar, LLC have?
About 19, as reported on its PPP loan.
When was Ocean 81 Sushi Bar, LLC founded?
Ocean 81 Sushi Bar, LLC has been in business since 2018.