Royal Pipes & Tobaccos Ltd
How we got $406K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 56 years (since 1970)
- Founder still runs it after 56 years
From public records and the company's website, not a statement that it's for sale.
What they do
Royal Pipes and Cohiba Lounge is a cigar bar and lounge near the University of Oklahoma in Norman, offering premium cigars, craft cocktails and draft beer.
From the company's website. Industry: Food and Beverage Retailers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Royal Pipes & Tobaccos Ltd this business | $3.0M | — |
| SPEEDY FOOD MART INC Norman · 6 employees | $5.5M | 0.1 mi |
| Campus Corner Market Norman | $3.0M | 0.1 mi |
| CVS Pharmacy Norman | $4.1M | 0.2 mi |
| THE APOTHEM, LLC Norman · 2 employees | $1.1M | 0.2 mi |
| Ou Authentic Norman | $1.7M | 0.2 mi |
| Shoetopia Norman | $1.7M | 0.2 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 | $406K |
| Multiple for this size and industry | 2× |
| Value range | $151K – $637K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Food and Beverage Retailers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.
| Revenue range | $1.4M – $3.9M |
| EBITDA range | $94K – $265K |
| Industry (NAICS) | Food and Beverage Retailers (445) |
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
People & advisors
“Royal Pipes and Tobacco was our first venture opening at our current location by Robert Summers in 1970.”
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 Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Royal Pipes & Tobaccos Ltd
Royal Pipes & Tobaccos Ltd is a food and beverage retailers company in Norman, Oklahoma, in business since 1970. It is owned by Robert Summers (Founder). Its estimated annual revenue is about $3.0M, with roughly $203K of EBITDA. Its estimated business value is $406K (likely range $151K–$637K).
Common questions
- Who owns Royal Pipes & Tobaccos Ltd?
- Royal Pipes & Tobaccos Ltd is owned by Robert Summers (Founder), according to public sources such as the company's website or filings.
- How much revenue does Royal Pipes & Tobaccos Ltd make?
- SeeBITDA estimates Royal Pipes & Tobaccos Ltd's annual revenue at about $3.0M (likely between $1.4M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Royal Pipes & Tobaccos Ltd worth?
- About $406K, roughly 2× its estimated EBITDA of $203K, typical for a food and beverage retailers company its size. Likely range: $151K–$637K.
- When was Royal Pipes & Tobaccos Ltd founded?
- Royal Pipes & Tobaccos Ltd has been in business since 1970.
- Is Royal Pipes & Tobaccos Ltd for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 56 years (since 1970); founder still runs it after 56 years.