McNellie's South City
How we got $184K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 22 years (since 2004)
- Founder still runs it after 22 years
From public records and the company's website, not a statement that it's for sale.
What they do
McNellie's is an Irish-style pub with locations in Tulsa and OKC, serving classic homemade pub fare and a large beer selection to the community.
From the company's website. Industry: Bars.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| McNellie's South City this business | $758K | — |
| EL SUPER CORRAL CO Tulsa · 10 employees | $679K | 0.1 mi |
| White Lion Pub Tulsa | $1.7M | 0.1 mi |
| LH TAVERNS INC Tulsa · 12 employees | $1.2M | 0.1 mi |
| Sutures Bar Tulsa Tulsa | $758K | 0.2 mi |
| DoubleTree Hotel Bar Tulsa | $758K | 0.8 mi |
| Omerta Cigar Co. Tulsa | $758K | 1.2 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 | $184K |
| Multiple for this size and industry | 1.9× |
| Value range | $82K – $276K |
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 – $946K |
| EBITDA range | $54K – $121K |
| 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 McNellie's South City
McNellie's South City is a bars company in Tulsa, Oklahoma, in business since 2004. It is owned by Elliot Nelson (Founder). Its estimated annual revenue is about $758K, with roughly $97K of EBITDA. Its estimated business value is $184K (likely range $82K–$276K).
Common questions
- Who owns McNellie's South City?
- McNellie's South City is owned by Elliot Nelson (Founder), according to public sources such as the company's website or filings.
- How much revenue does McNellie's South City make?
- SeeBITDA estimates McNellie's South City's annual revenue at about $758K (likely between $423K and $946K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is McNellie's South City worth?
- About $184K, roughly 1.9× its estimated EBITDA of $97K, typical for a bars company its size. Likely range: $82K–$276K.
- When was McNellie's South City founded?
- McNellie's South City has been in business since 2004.