the Back Nine Lounge
How we got $185K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Back Nine Sports Lounge is a golf simulator venue with a full bar in Enid, OK, offering simulator play, memberships, and private events for golfers and non-golfers alike.
From the company's website. Industry: Bars.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| the Back Nine Lounge this business | $760K | — |
| PJ's Champagne Bar Enid | $760K | 0.0 mi |
| The Alibi Bar Enid | $760K | 0.1 mi |
| TJ'S PUB Enid | $760K | 0.2 mi |
| P&T's on Independence Enid | $760K | 0.2 mi |
| The Locker Room Sports Bar Enid | $760K | 0.3 mi |
| The Spot Enid | $760K | 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 | $185K |
| Multiple for this size and industry | 1.9× |
| Value range | $82K – $278K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Drinking Places (Alcoholic Beverages) businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $423K – $952K |
| EBITDA range | $54K – $122K |
| Industry (NAICS) | Drinking Places (Alcoholic Beverages) (7224) |
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 the Back Nine Lounge
the Back Nine Lounge is a bars company in Enid, Oklahoma, in business since 2025. It is owned by Matt Habibi (Founder). Its estimated annual revenue is about $760K, with roughly $97K of EBITDA. Its estimated business value is $185K (likely range $82K–$278K).
Common questions
- Who owns the Back Nine Lounge?
- the Back Nine Lounge is owned by Matt Habibi (Founder), according to public sources such as the company's website or filings.
- How much revenue does the Back Nine Lounge make?
- SeeBITDA estimates the Back Nine Lounge's annual revenue at about $760K (likely between $423K and $952K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is the Back Nine Lounge worth?
- About $185K, roughly 1.9× its estimated EBITDA of $97K, typical for a bars company its size. Likely range: $82K–$278K.
- When was the Back Nine Lounge founded?
- the Back Nine Lounge has been in business since 2025.