SeeBITDAOklahoma

Cherokee Inn & Steakhouse

  • 1720 S Grand Ave, Cherokee, OK
  • Since 2012
  • NAICS 7211
Estimated valueLow confidence
$2.5M
$810Klikely range$3.8M
About 4.9× its yearly profit, typical for a company this size in its industry.
Revenue
$1.9M
a year
Profit (EBITDA)
$510K
28% of revenue
Employees
—
not reported
Leadership
Karen Hawkins
Owner and Operator · source · confirmed by 2 sources

How we got $2.5M

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

A typical hotels & motels business in Oklahoma$1.9M
Revenue$1.9M
× 28% profit margin$510K
× 4.9 sale multiple = value$2.5M

· Own this business? Correct these figures

What we know

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

What they do

Cherokee Inn & Steakhouse offers lodging and dining in Cherokee, OK, with the page inviting visitors to sleep under the green roof while in Northwest Oklahoma.

Products & services
Sleep Under the Green RoofEat & Drink
Service area
Cherokee, OKNorthwest Oklahoma

From the company's website. Industry: Hotels & motels.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Cherokee Inn & Steakhouse
this business
$1.9M$510K—
HAWKINS ENTERPRISES, LLC
Cherokee · 12 employees
$1.9M$523K0.0 mi
Random Art Bed and Bath
Cherokee
$1.9M$510K0.7 mi
The LynnMarie Cottage
Cherokee
$1.9M$510K0.9 mi
The Lodge On Grand
Cherokee
$1.9M$510K1.1 mi
Gloss Mountain Outfitters
Cherokee
$1.9M$510K1.4 mi
Salt Plains Motel
Jet
$1.9M$510K10.9 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 industry4.9×
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

“The inn is owned and operated by Lon and Karen Hawkins who both grew up in the area during the 50's and 60's”

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 Cherokee Inn & Steakhouse

Cherokee Inn & Steakhouse is a hotels & motels company in Cherokee, Oklahoma, in business since 2012. It is owned by Karen Hawkins (Owner and Operator). 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 Cherokee Inn & Steakhouse?
Cherokee Inn & Steakhouse is owned by Karen Hawkins (Owner and Operator), according to public sources such as the company's website or filings.
How much revenue does Cherokee Inn & Steakhouse make?
SeeBITDA estimates Cherokee Inn & Steakhouse'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 Cherokee Inn & Steakhouse 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 Cherokee Inn & Steakhouse founded?
Cherokee Inn & Steakhouse has been in business since 2012.