Waffle House
How we got $332K
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
Waffle House is a restaurant chain serving Southern breakfast and lunch/dinner food, with this location at 105 South Martin in Oklahoma City, OK, open 24 hours. The chain says it has served Good Food Fast since 1955 and operates more than 1,900 restaurants in 25 states.
From the company's website. Industry: Restaurants.
Customers & suppliers
Suppliers & brands
- Smithfield · brand it sells or installs
- Jimmy Dean · brand it sells or installs
- Springer Mountain Farms · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Waffle House this business | $1.7M | — |
| Catch the Smoke BBQ Del City | $1.7M | 0.6 mi |
| McDonald's Oklahoma City | $1.7M | 0.7 mi |
| Tom's Barbecue Oklahoma City | $1.7M | 0.9 mi |
| OnDemand Restaurant Service Oklahoma City | $1.7M | 0.9 mi |
| Champs Chicken Oklahoma City | $1.7M | 1.0 mi |
| Krispy Krunchy Chicken Oklahoma City | $1.7M | 1.0 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 | $332K |
| 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 Waffle House
Waffle House is a restaurants company in Oklahoma City, Oklahoma, in business since 1999. Its estimated annual revenue is about $1.7M, with roughly $184K of EBITDA. Its estimated business value is $332K (likely range $118K–$518K).
Common questions
- Who owns Waffle House?
- The owner of Waffle House 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 Waffle House make?
- SeeBITDA estimates Waffle House'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 Waffle House worth?
- About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was Waffle House founded?
- Waffle House has been in business since 1999.