Hal Smith Restaurants
How we got $307K
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 40 years (since 1986)
From public records and the company's website, not a statement that it's for sale.
What they do
Hal Smith Restaurants creates restaurants with inspired architectural settings, excellent service and cuisines meant to satisfy all tastes. It is based in Norman, Oklahoma, and says it has over 80 locations across seven states.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Hal Smith Restaurants this business | $1.3M | — |
| MD WEST CENTRAL LLC Norman · 61 employees | $8.9M | 0.0 mi |
| EL HUEVO MEXI DINER, L.L.C. Norman · 39 employees | $4.5M | 0.1 mi |
| THAI THAI LLC Norman · 16 employees | $1.4M | 0.1 mi |
| LAND RUN TECUMSEH LLC Norman · 45 employees | $3.5M | 0.1 mi |
| Press and Plow Norman | $1.7M | 0.1 mi |
| Starbucks 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 | $307K |
| Multiple for this size and industry | 1.8× |
| Value range | $76K – $549K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Full-Service Restaurants businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (14%). Treat these as a rough guide.
| Revenue range | $391K – $1.9M |
| EBITDA range | $53K – $254K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
History & advisors
“Since 1986, Hal Smith has created restaurants that heighten the senses through inspired architectural settings, excellent service and cuisines that satisfy all tastes.”
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 Hal Smith Restaurants
Hal Smith Restaurants is a restaurants company in Norman, Oklahoma, in business since 1986. Its estimated annual revenue is about $1.3M, with roughly $171K of EBITDA. Its estimated business value is $307K (likely range $76K–$549K).
Common questions
- Who owns Hal Smith Restaurants?
- The owner of Hal Smith Restaurants 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 Hal Smith Restaurants make?
- SeeBITDA estimates Hal Smith Restaurants's annual revenue at about $1.3M (likely between $391K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hal Smith Restaurants worth?
- About $307K, roughly 1.8× its estimated EBITDA of $171K, typical for a restaurants company its size. Likely range: $76K–$549K.
- When was Hal Smith Restaurants founded?
- Hal Smith Restaurants has been in business since 1986.