Submarina California Subs of Edmond
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 Likely to sell
- In business 49 years (since 1977)
- 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
Submarina California Subs is a franchised sub, sandwich and salad restaurant chain that has been making subs since 1977, using fresh locally sourced produce, premium meats, and aged California cheeses. It serves customers in Southern California, the Inland Empire, Lancaster, and Guam, with catering for events and businesses.
From the company's website. Industry: Restaurants.
Customers & suppliers
Suppliers & brands
- DoorDash · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Submarina California Subs of Edmond this business | $1.7M | — |
| HARE RAMA OK23 LLC Edmond · 5 employees | $901K | 0.0 mi |
| K & D SANDWICHES LLC Edmond · 50 employees | $4.8M | 0.0 mi |
| Ooo Cha boba cafe Edmond | $1.7M | 0.1 mi |
| STEVEN PHAM Edmond · 1 employees | $159K | 0.1 mi |
| Madfit Nutrition Edmond | $1.7M | 0.2 mi |
| Mr Gatti's Pizza Edmond | $1.7M | 0.2 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 | $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
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 Submarina California Subs of Edmond
Submarina California Subs of Edmond is a restaurants company in Edmond, Oklahoma, in business since 1977. It is owned by Matt Kennedy. 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 Submarina California Subs of Edmond?
- Submarina California Subs of Edmond is owned by Matt Kennedy, according to public sources such as the company's website or filings.
- How much revenue does Submarina California Subs of Edmond make?
- SeeBITDA estimates Submarina California Subs of Edmond'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 Submarina California Subs of Edmond worth?
- About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was Submarina California Subs of Edmond founded?
- Submarina California Subs of Edmond has been in business since 1977.
- Is Submarina California Subs of Edmond for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 49 years (since 1977); no family successor named on its website.