Lee's Grand Lake Resort
How we got $2.5M
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 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Lee's Grand Lake Resort is an award-winning destination in Grove, Oklahoma featuring lakefront cabins, RV sites, boat rentals, and event venues overlooking Grand Lake O' the Cherokees. It serves families, reunions, weddings, church and corporate retreats, college groups, and fishing tournaments.
From the company's website. Industry: Hotels & motels.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- FOLDS OF HONOR FOUNDATION · Owasso, 65 mi · $75.9M
- ROMAN CATHOLIC DIOCESE OF TULSA · Broken Arrow, 74 mi · $68.3M
- WILLIE GEORGE MINISTRIES, INC · Tulsa, 68 mi · $59.6M
- THE CHURCH AT BATTLECREEK INC. · Broken Arrow, 70 mi · $44.9M
- RHEMA BIBLE CHURCH · Broken Arrow, 71 mi · $37.5M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Lee's Grand Lake Resort this business | $1.9M | — |
| Four Seasons Resort Grand Lake Grove | $1.9M | 1.0 mi |
| Point of View - Cabin Rentals Grove | $1.9M | 1.1 mi |
| Evans Estate Cabin Grove | $1.9M | 2.2 mi |
| Cassandra Shores Fairland | $1.9M | 3.2 mi |
| Groveport Resort Grove | $1.9M | 3.3 mi |
| OUTRIGGER MOTEL, INC. Grove · 2 employees | $388K | 3.5 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 | $810K – $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 | $750K – $2.4M |
| EBITDA range | $207K – $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 Lee's Grand Lake Resort
Lee's Grand Lake Resort is a hotels & motels company in Grove, Oklahoma, in business since 2001. Its estimated annual revenue is about $1.9M, with roughly $510K of EBITDA. Its estimated business value is $2.5M (likely range $810K–$3.8M).
Common questions
- Who owns Lee's Grand Lake Resort?
- The owner of Lee's Grand Lake Resort 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 Lee's Grand Lake Resort make?
- SeeBITDA estimates Lee's Grand Lake Resort's annual revenue at about $1.9M (likely between $750K and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lee's Grand Lake Resort worth?
- About $2.5M, roughly 4.9× its estimated EBITDA of $510K, typical for a hotels & motels company its size. Likely range: $810K–$3.8M.
- When was Lee's Grand Lake Resort founded?
- Lee's Grand Lake Resort has been in business since 2001.