Tropical Restaurant & Bar
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 Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
The Tropical Restaurant & Bar is a Tulsa restaurant serving Thai-inspired surf, turf, and vegan dishes. It is run by the owners of Lanna Thai Restaurant.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Tropical Restaurant & Bar this business | $1.7M | — |
| 7 Brew Coffee Tulsa | $1.7M | 0.0 mi |
| LANNA INC Tulsa · 58 employees | $5.6M | 0.0 mi |
| Sonic Drive In Tulsa | $1.7M | 0.1 mi |
| New York Cafe Tulsa | $1.7M | 0.1 mi |
| Wendy's Tulsa | $1.7M | 0.1 mi |
| J DEVI LLC Tulsa · 4 employees | $489K | 0.1 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 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 Tropical Restaurant & Bar
Tropical Restaurant & Bar is a restaurants company in Tulsa, Oklahoma, in business since 2011. 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 Tropical Restaurant & Bar?
- The owner of Tropical Restaurant & Bar 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 Tropical Restaurant & Bar make?
- SeeBITDA estimates Tropical Restaurant & Bar'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 Tropical Restaurant & Bar worth?
- About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was Tropical Restaurant & Bar founded?
- Tropical Restaurant & Bar has been in business since 2011.