How we got $350K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Eischen's Bar is a historic bar in Okarche, Oklahoma, built in 1896 by Peter Eischen as a watering hole and known as Oklahoma's oldest bar. It serves beer, soft drinks, lemonade and bottled tea.
From the company's website. Industry: Bars.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Eischen's Bar this business | $1.7M | — |
| HITCHIN POST 33, INC. Kingfisher · 1 employees | $154K | 9.7 mi |
| Holy Smokes Llc Kingfisher | $757K | 9.7 mi |
| The Tuxedo Lounge El Reno | $757K | 13.3 mi |
| 420 Saloon El Reno | $757K | 13.4 mi |
| Amanda's OutBack El Reno | $757K | 14.1 mi |
| Doghouse Sports Bar El Reno | $757K | 14.1 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 | $350K |
| Multiple for this size and industry | 1.9× |
| Value range | $125K – $547K |
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 (11%). Treat these as a rough guide.
| Revenue range | $752K – $2.2M |
| EBITDA range | $82K – $240K |
| Industry (NAICS) | Drinking Places (Alcoholic Beverages) (722410) |
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 Eischen's Bar
Eischen's Bar is a bars company in Okarche, Oklahoma, in business since 2012. It is owned by Peter Eischen (Founder). Its estimated annual revenue is about $1.7M, with roughly $184K of EBITDA. Its estimated business value is $350K (likely range $125K–$547K).
Common questions
- Who owns Eischen's Bar?
- Eischen's Bar is owned by Peter Eischen (Founder), according to public sources such as the company's website or filings.
- How much revenue does Eischen's Bar make?
- SeeBITDA estimates Eischen's Bar's annual revenue at about $1.7M (likely between $752K and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Eischen's Bar worth?
- About $350K, roughly 1.9× its estimated EBITDA of $184K, typical for a bars company its size. Likely range: $125K–$547K.
- When was Eischen's Bar founded?
- Eischen's Bar has been in business since 2012.