Ape Hangers Cocktail Lounge
How we got $185K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Ape Hangers Cocktail Lounge is a cocktail lounge in Collinsville, OK offering beer, craft and frozen cocktails, and food, with live music, karaoke, and bike nights for its patrons.
From the company's website. Industry: Bars.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Ape Hangers Cocktail Lounge this business | $760K | — |
| Jack of Clubs Collinsville | $760K | 2.7 mi |
| 2 BAR C PROPERTIES, LLC Collinsville · 6 employees | $487K | 2.7 mi |
| CNS Saloon Collinsville | $760K | 3.1 mi |
| P.J.'s Pub and Grill - Owasso Owasso | $760K | 5.1 mi |
| Applebee's Owasso | $760K | 5.2 mi |
| Buffalo Wild Wings Owasso | $760K | 5.3 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 – $952K |
| 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 Ape Hangers Cocktail Lounge
Ape Hangers Cocktail Lounge is a bars company in Collinsville, Oklahoma, in business since 2025. It is owned by Michael Steel. 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 Ape Hangers Cocktail Lounge?
- Ape Hangers Cocktail Lounge is owned by Michael Steel, according to public sources such as the company's website or filings.
- How much revenue does Ape Hangers Cocktail Lounge make?
- SeeBITDA estimates Ape Hangers Cocktail Lounge's annual revenue at about $760K (likely between $423K and $952K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ape Hangers Cocktail Lounge worth?
- About $185K, roughly 1.9× its estimated EBITDA of $97K, typical for a bars company its size. Likely range: $82K–$278K.
- When was Ape Hangers Cocktail Lounge founded?
- Ape Hangers Cocktail Lounge has been in business since 2025.