HiWay Inn Express Elk City Route 66
How we got $2.5M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
HiWay Inn Express Elk City Route 66 is a budget hotel in Elk City, Oklahoma, on historic Route 66, offering pet-friendly rooms with free Wi-Fi, microwaves and refrigerators.
From the company's website. Industry: Hotels & motels.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HiWay Inn Express Elk City Route 66 this business | $1.9M | — |
| Travel Inn Elk City | $1.9M | 0.0 mi |
| Econo Lodge Elk City Elk City | $1.9M | 0.1 mi |
| Hometown Inn & Suites Elk City | $1.9M | 0.1 mi |
| Sleep Inn & Suites Elk City Route 66 Elk City | $1.9M | 0.2 mi |
| Motel 6 Elk City | $1.9M | 0.2 mi |
| La Quinta Inn and Suites Elk City Elk City | $1.9M | 0.3 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 | $2.5M |
| Multiple for this size and industry | 4.9× |
| Value range | $808K – $3.8M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Traveler Accommodation businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (28%). Treat these as a rough guide.
| Revenue range | $749K – $2.4M |
| EBITDA range | $206K – $651K |
| Industry (NAICS) | Traveler Accommodation (7211) |
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 HiWay Inn Express Elk City Route 66
HiWay Inn Express Elk City Route 66 is a hotels & motels company in Elk City, Ok, Oklahoma, in business since 2013. It is owned by Ritesh Agarwal (Founder). Its estimated annual revenue is about $1.9M, with roughly $510K of EBITDA. Its estimated business value is $2.5M (likely range $808K–$3.8M).
Common questions
- Who owns HiWay Inn Express Elk City Route 66?
- HiWay Inn Express Elk City Route 66 is owned by Ritesh Agarwal (Founder), according to public sources such as the company's website or filings.
- How much revenue does HiWay Inn Express Elk City Route 66 make?
- SeeBITDA estimates HiWay Inn Express Elk City Route 66's annual revenue at about $1.9M (likely between $749K and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is HiWay Inn Express Elk City Route 66 worth?
- About $2.5M, roughly 4.9× its estimated EBITDA of $510K, typical for a hotels & motels company its size. Likely range: $808K–$3.8M.
- When was HiWay Inn Express Elk City Route 66 founded?
- HiWay Inn Express Elk City Route 66 has been in business since 2013.