Classic Cake
How we got $331K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Classic Cake is a specialty bakery in Cherry Hill, NJ that makes custom cakes and desserts for events and also manufactures desserts for foodservice and wholesale customers.
From the company's website. Industry: Restaurants.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SKIRVIN PARTNERS, LLC · Oklahoma City, 67 mi · $34.2M
- OKC HOTEL VENTURES LLC · Oklahoma City, 67 mi · $30.4M
- SHIVAM HOTEL LLC · Edmond, 73 mi · $25.9M
- 21C OKC LLC · Oklahoma City, 67 mi · $23.4M
- MLCV OKLAHOMA, LLC · Oklahoma City, 69 mi · $17.2M
- LAWSON RETAIL OPERATIONS · Norman, 56 mi · $1.05B
- MCV ENTERPRISES, LLC · Oklahoma City, 67 mi · $1.02B
- IMAGENET CONSULTING LLC · Oklahoma City, 67 mi · $1.01B
- PETRA INDUSTRIES, LLC · Edmond, 75 mi · $567.2M
- FOSTER ENERGY LLC · Edmond, 73 mi · $544.3M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Classic Cake this business | $1.7M | — |
| J.D.'S CAFE, INC. Ada · 16 employees | $1.3M | 0.2 mi |
| P5 Burger Barn Ada | $1.7M | 0.4 mi |
| 580 Flex Fuel Ada | $1.7M | 0.5 mi |
| Applebee's Ada | $1.7M | 0.5 mi |
| Prairie Kitchen Ada | $1.7M | 0.5 mi |
| Pizza Hut Ada | $1.7M | 0.6 mi |
The full calculation
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 | $331K |
| Multiple for this size and industry | 1.8× |
| Value range | $118K – $518K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Restaurants and Other Eating Places businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (11%). Treat these as a rough guide.
| Revenue range | $753K – $2.2M |
| EBITDA range | $82K – $240K |
| Industry (NAICS) | Restaurants and Other Eating Places (7225) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Classic Cake
Classic Cake is a restaurants company in Ada, Oklahoma, in business since 1999. It is owned by Barry Kratchman (President). Its estimated annual revenue is about $1.7M, with roughly $184K of EBITDA. Its estimated business value is $331K (likely range $118K–$518K).
Common questions
- Who owns Classic Cake?
- Classic Cake is owned by Barry Kratchman (President), according to public sources such as the company's website or filings.
- How much revenue does Classic Cake make?
- SeeBITDA estimates Classic Cake's annual revenue at about $1.7M (likely between $753K and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Classic Cake worth?
- About $331K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was Classic Cake founded?
- Classic Cake has been in business since 1999.