SeeBITDAOklahoma

Jamil's Steakhouse

  • 3823 E 51st St, Tulsa, OK
  • Since 1945
  • Family-owned, 3rd generation
  • NAICS 7225
Estimated valueLow confidence
$332K
$118Klikely range$518K
About 1.8× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$1.7M
a year
EBITDA
$184K
11% of revenue
Employees
—
not reported
Leadership
Jennifer Alcott
Owner · source · confirmed by 2 sources
Likely to sell
  • Tyrone Elias
    Son who continued the restaurant after Jamil Elias (passed a · Company website

How we got $332K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical restaurants business in Oklahoma$1.7M
Revenue$1.7M
× 11% EBITDA margin$184K
× 1.8 sale multiple = value$332K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 81 years (since 1945)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Jamil's Steak House is a Tulsa, Oklahoma restaurant, described as one of the city's oldest, known for thick hickory grilled steaks and seafood served with Lebanese hors d'oeuvres. It also offers Perfect Touch Catering.

Products & services
Thick Hickory Grilled SteaksseafoodLebanese hors d'oeuvresDine-InOrder Takeout or DeliveryPerfect Touch CateringCatering Menu
Service area
Tulsa, OKTulsa, Oklahoma

From the company's website. Industry: Restaurants.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
Jamil's Steakhouse
this business
$1.7M$184K—
JENNIFER ALCOTT HOLDINGS, INC.
Tulsa · 7 employees
$836K$91K0.0 mi
Apple Barrel Cafe - Midtown
Tulsa
$1.7M$184K0.0 mi
El Patrón Cocina Mexicana
Tulsa
$1.7M$184K0.0 mi
BREAD AND BUTTER KITCHEN LLC
Tulsa · 22 employees
$2.7M$264K0.0 mi
Piccadilly Cafeteria
Tulsa
$1.7M$184K0.1 mi
BODEAN SEAFOOD
Tulsa · 55 employees
$6.5M$586K0.1 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 industry1.8×
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$753K – $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

Founded 1945 by Jim “Jamil” EliasFamily-owned · 3rd generation
“Jamil’s Steak House is one of Tulsa’s most legendary and oldest restaurants, having began in 1945 by Jim “Jamil” Elias and continued on by his son Tyrone Elias before handing it down to his daughter, Jennifer Alcott.”

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 Jamil's Steakhouse

Jamil's Steakhouse is a family-owned restaurants company in Tulsa, Oklahoma, in business since 1945. It is owned by Jennifer Alcott. 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 Jamil's Steakhouse?
Jamil's Steakhouse is owned by Jennifer Alcott, according to public sources such as the company's website or filings.
How much revenue does Jamil's Steakhouse make?
SeeBITDA estimates Jamil's Steakhouse's annual revenue at about $1.7M (likely between $753K and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Jamil's Steakhouse worth?
About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
When was Jamil's Steakhouse founded?
Jamil's Steakhouse has been in business since 1945.
Is Jamil's Steakhouse for sale?
There's no public listing, but it shows signs that often come before a sale: in business 81 years (since 1945); no family successor named on its website.