SeeBITDAOklahoma

PRHYME Downtown Steakhouse

  • 111 N Main St, Tulsa, OK
  • Since 2012
Estimated valueLow confidence
$332K
$118Klikely range$518K
About 1.8× its yearly profit, typical for a company this size in its industry.
Revenue
$1.7M
a year
Profit (EBITDA)
$184K
11% of revenue
Employees
—
not reported
Justin Thompson
Owner · source

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% profit 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

What they do

PRHYME is an upscale, modern American steakhouse in downtown Tulsa's Arts District serving USDA Prime beef brushed with thyme-infused butter, with a bar and private dining options.

Products & services
USDA PRIME cuts of beefPrivate dining & eventsWine list with over 250 featured selectionsBar menu and specialsCatering
Service area
Downtown TulsaTulsa, OK
Certifications
Certified sommeliers

From the company's website. Industry: Restaurants.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
PRHYME Downtown Steakhouse
this business
$1.7M$184K—
Misfit Kitchen
Tulsa
$1.7M$184K0.0 mi
CONEY ISLAND - HOT WEINERS, INC.
Tulsa · 7 employees
$909K$99K0.1 mi
SISSEROU'S RESTAURANT LLC
Tulsa · 24 employees
$2.8M$279K0.1 mi
SISSEROUS RESTAURANT LLC
Tulsa · 21 employees
$2.6M$261K0.1 mi
The Chowhouse
Tulsa
$1.7M$184K0.1 mi
AMELIA'S MARKET & BRASSERIE
Tulsa · 45 employees
$3.9M$352K0.1 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

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About PRHYME Downtown Steakhouse

PRHYME Downtown Steakhouse is a restaurants company in Tulsa, Oklahoma, in business since 2012. It is owned by Justin Thompson. 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 PRHYME Downtown Steakhouse?
PRHYME Downtown Steakhouse is owned by Justin Thompson, according to public sources such as the company's website or filings.
How much revenue does PRHYME Downtown Steakhouse make?
SeeBITDA estimates PRHYME Downtown 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 PRHYME Downtown 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 PRHYME Downtown Steakhouse founded?
PRHYME Downtown Steakhouse has been in business since 2012.