Siesta Motel
- Hannah KormanOwner · Company website
How we got $2.5M
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 27 years (since 1999)
- Family in the business (Hannah Korman, Owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Siesta Motel is a family-run, single-story 1950s roadside motel in Durango, Colorado, offering vintage-style rooms for solo travelers, couples and families. It positions itself as a base for hiking, biking, rafting, skiing and other outdoor activities.
From the company's website. Industry: Hotels & motels.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Siesta Motel this business | $1.9M | — |
| T&R RV RESORT & CLIMATE CONTROLLED STORAGE Pauls Valley | $1.9M | 0.3 mi |
| Economy Inn Express Pauls Valley | $1.9M | 2.2 mi |
| PROGRESSIVE HOTELS, INC., LLC Pauls Valley · 12 employees | $2.2M | 2.2 mi |
| Holiday Inn Express & Suites Pauls Valley By Ihg Pauls Valley | $1.9M | 2.2 mi |
| Hampton Inn & Suites Pauls Valley Pauls Valley | $1.9M | 2.2 mi |
| Relax Inns Pauls Valley | $1.9M | 2.3 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 | $2.5M |
| Multiple for this size and industry | 4.9× |
| Value range | $810K – $3.8M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Traveler Accommodation businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (28%). Treat these as a rough guide.
| Revenue range | $750K – $2.4M |
| EBITDA range | $207K – $651K |
| Industry (NAICS) | Traveler Accommodation (7211) |
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 Siesta Motel
Siesta Motel is a family-owned hotels & motels company in Pauls Valley, Oklahoma, in business since 1999. It is owned by Dan and Hannah Korman. Its estimated annual revenue is about $1.9M, with roughly $510K of EBITDA. Its estimated business value is $2.5M (likely range $810K–$3.8M).
Common questions
- Who owns Siesta Motel?
- Siesta Motel is owned by Dan and Hannah Korman, according to public sources such as the company's website or filings.
- How much revenue does Siesta Motel make?
- SeeBITDA estimates Siesta Motel's annual revenue at about $1.9M (likely between $750K and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Siesta Motel worth?
- About $2.5M, roughly 4.9× its estimated EBITDA of $510K, typical for a hotels & motels company its size. Likely range: $810K–$3.8M.
- When was Siesta Motel founded?
- Siesta Motel has been in business since 1999.