SeeBITDAOklahoma

Dragon Palace

Restaurants
  • 1004 W Doolin Ave, Blackwell, OK
  • Since 2003
Estimated valueLow confidence
$331K
$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
Cheng Sin Yung
Owner · source
Unlikely to sell soon
dragonpalacesc.comLinkedIn
Contact
Find Cheng Sin Yung on RocketReach Request removal or correction

How we got $331K

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$331K

· 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 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.

What they do

Dragon Palace is a locally owned Chinese bistro on Daniel Island, South Carolina, offering dim sum, Chinese cuisine, and lobster to diners.

Products & services
Dim SumDim Sum Brunchhand-made dim sumfresh Maine lobsterauthentic Chinese cuisinehappy hoursgluten free optionskid friendly menuGinger & Scallion LobsterHoney Glazed Roast PorkSalt & Pepper ShrimpAppetizer Sampler
Service area
Daniel Island, SC

From the company's website. Industry: Restaurants.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Dragon Palace
this business
$1.7M$184K—
Cicarella Pizza
Blackwell
$1.7M$184K0.0 mi
Pizza Inn
Blackwell
$1.7M$184K0.0 mi
Champs Chicken
Blackwell
$1.7M$184K0.0 mi
STACK OF BLACKWELL, INC
Blackwell · 7 employees
$762K$98K0.0 mi
Pizza One
Blackwell
$1.7M$184K0.1 mi
Jovani's Pizza & Subs
Blackwell
$1.7M$184K0.2 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$331K
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 Dragon Palace

Dragon Palace is a restaurants company in Blackwell, Oklahoma, in business since 2003. It is owned by Cheng Sin Yung. Its estimated annual revenue is about $1.7M, with roughly $184K of EBITDA. Its estimated business value is $331K (likely range $118K–$518K).

Common questions

Who owns Dragon Palace?
Dragon Palace is owned by Cheng Sin Yung, according to public sources such as the company's website or filings.
How much revenue does Dragon Palace make?
SeeBITDA estimates Dragon Palace'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 Dragon Palace worth?
About $331K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
When was Dragon Palace founded?
Dragon Palace has been in business since 2003.