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 58 years (since 1968)
From public records and the company's website, not a statement that it's for sale.
What they do
Red Lobster's Norman, OK location page lists its address, phone number, and hours of operation for dine-in and to-go orders. The page does not describe the business further.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Red Lobster this business | $1.7M | — |
| City Bites Norman | $1.7M | 0.2 mi |
| Auntie Anne's Norman | $1.7M | 0.2 mi |
| Chick-fil-A Norman | $1.7M | 0.2 mi |
| Waffle House Norman | $1.7M | 0.3 mi |
| Great American Cookies Norman | $1.7M | 0.3 mi |
| Rolling Ice Cream Norman | $1.7M | 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 | $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 | $752K – $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
History & advisors
“Red Lobster has been committed to seafood sustainability since we first opened our doors in 1968.”
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 Roles are as stated there and may be out of date.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 Red Lobster
Red Lobster is a restaurants company in Norman, Oklahoma, in business since 1968. 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 Red Lobster?
- The owner of Red Lobster 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 Red Lobster make?
- SeeBITDA estimates Red Lobster's annual revenue at about $1.7M (likely between $752K and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red Lobster worth?
- About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was Red Lobster founded?
- Red Lobster has been in business since 1968.