Southern Ice
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 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Southern Ice this business | $1.7M | — |
| The Express-o Barn Spiro | $1.7M | 0.1 mi |
| Rise Up Nutrition Spiro | $1.7M | 0.2 mi |
| Casey's Spiro | $1.7M | 0.3 mi |
| Guanajuato Mexican Restaurant Spiro | $1.7M | 0.5 mi |
| Heavenly Sno Cones Spiro | $1.7M | 0.5 mi |
| Subway Spiro | $1.7M | 0.5 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 | $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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Southern Ice
Southern Ice is a restaurants company in Spiro, Oklahoma, in business since 2001. 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 Southern Ice?
- The owner of Southern Ice 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 Southern Ice make?
- SeeBITDA estimates Southern Ice'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 Southern Ice worth?
- About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was Southern Ice founded?
- Southern Ice has been in business since 2001.