SeeBITDAOklahoma
Estimated valueLow confidence
$390K
$137Klikely range$633K
About 1.8× its yearly profit, typical for a company this size in its industry.
Revenue
$2.0M
a year
Profit (EBITDA)
$217K
11% of revenue
Employees
—
not reported
Leadership
Dave Wachtel
Founder · source
Likely to sell
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $390K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical restaurants business in Oklahoma$2.0M
Revenue$2.0M
× 11% profit margin$217K
× 1.8 sale multiple = value$390K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 35 years (since 1991)
  • Founder still runs it after 35 years
  • 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

Logan's Roadhouse is a steakhouse offering wood-grilled steaks, ribs, burgers, and signature cocktails or beer, with online ordering for pickup, delivery, and catering, plus event planning and gift cards.

Products & services
Wood-grilled steaksfall-off-the-bone ribsburgerssignature cocktailsice-cold beerLogan's Eventsgift cardscatering

From the company's website. Industry: Restaurants.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Logan's Roadhouse
this business
$2.0M$217K—
LongHorn Steakhouse
Tulsa
$1.7M$184K0.1 mi
JIMMYS NEW YORK PIZZERIA
Tulsa · 9 employees
$992K$108K0.1 mi
SAKE 2 ME SUSHI INC
Tulsa · 11 employees
$1.3M$137K0.1 mi
Outback Steakhouse
Tulsa
$1.7M$184K0.1 mi
Sonic Drive In
Tulsa
$1.7M$184K0.1 mi
Sake2Me Sushi
Tulsa
$1.7M$184K0.1 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$390K
Multiple for this size and industry1.8×
Value range$137K – $633K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Full-Service Restaurants 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$859K – $2.6M
EBITDA range$95K – $293K
Industry (NAICS)Full-Service Restaurants (722511)

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

Founded 1991 by Dave Wachtel & Charles McWhorter

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 Logan's Roadhouse

Logan's Roadhouse is a restaurants company in Tulsa, Oklahoma, in business since 1991. It is owned by Dave Wachtel (Founder). Its estimated annual revenue is about $2.0M, with roughly $217K of EBITDA. Its estimated business value is $390K (likely range $137K–$633K).

Common questions

Who owns Logan's Roadhouse?
Logan's Roadhouse is owned by Dave Wachtel (Founder), according to public sources such as the company's website or filings.
How much revenue does Logan's Roadhouse make?
SeeBITDA estimates Logan's Roadhouse's annual revenue at about $2.0M (likely between $859K and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Logan's Roadhouse worth?
About $390K, roughly 1.8× its estimated EBITDA of $217K, typical for a restaurants company its size. Likely range: $137K–$633K.
When was Logan's Roadhouse founded?
Logan's Roadhouse has been in business since 1991.
Is Logan's Roadhouse for sale?
There's no public listing, but it shows signs that often come before a sale: in business 35 years (since 1991); founder still runs it after 35 years; no family successor named on its website.