The Hangout Bar
How we got $185K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
The Hangout Bar is a bar in Enid, OK, listed with its address and phone number; the page mentions happy hour and events. Visitor feedback describes it as a small, friendly, relaxing place.
From the company's website. Industry: Bars.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| The Hangout Bar this business | $760K | — |
| The Shark's Den Enid | $760K | 0.0 mi |
| Turf Bar Office Enid | $760K | 0.0 mi |
| the Back Nine Lounge Enid | $760K | 0.3 mi |
| Crappy's Warehouse Enid | $760K | 0.3 mi |
| The Alibi Bar Enid | $760K | 0.3 mi |
| PJ's Champagne Bar 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 – $953K |
| 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 Hangout Bar
The Hangout Bar is a bars company in Enid, Oklahoma, in business since 2020. 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 Hangout Bar?
- The owner of The Hangout 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 The Hangout Bar make?
- SeeBITDA estimates The Hangout Bar's annual revenue at about $760K (likely between $423K and $953K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Hangout Bar 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 Hangout Bar founded?
- The Hangout Bar has been in business since 2020.