Phat Philly's Cheesesteaks
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 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Phat Philly's Cheesesteaks this business | $1.7M | — |
| SDS RESOURCES, LLC Tulsa · 30 employees | $2.8M | 0.0 mi |
| Whataburger Tulsa | $1.7M | 0.2 mi |
| ATHERTON RESTAURANT SYSTEMS, INC Tulsa · 205 employees | $22.9M | 0.2 mi |
| Zoe Cakes Unlimited Tulsa | $1.7M | 0.2 mi |
| Velvet Taco Tulsa | $1.7M | 0.2 mi |
| PALACE CAFE LLC Tulsa · 26 employees | $2.1M | 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 | $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
History & advisors
“Phat Philly's Cheesesteaks was born from Jason's desire to recreate, right here in Oklahoma, the authentic sandwich that Philadelphians loved and proudly called their own.”
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 Roles are as stated there and may be out of date.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 Phat Philly's Cheesesteaks
Phat Philly's Cheesesteaks is a restaurants company in Tulsa, Oklahoma, in business since 2003. It is owned by Jason Smith (Creator). 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 Phat Philly's Cheesesteaks?
- Phat Philly's Cheesesteaks is owned by Jason Smith (Creator), according to public sources such as the company's website or filings.
- How much revenue does Phat Philly's Cheesesteaks make?
- SeeBITDA estimates Phat Philly's Cheesesteaks'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 Phat Philly's Cheesesteaks worth?
- About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was Phat Philly's Cheesesteaks founded?
- Phat Philly's Cheesesteaks has been in business since 2003.