Lake Bums 259
- Todd PeeleOwner · Company website
- Susie MyersOwner · Company website
How we got $332K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- Family in the business (Susie Myers, Owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Lake Bums Buzz Bar & Grill is a family-friendly bar and grill in Hochatown, OK, serving handcrafted food, cocktails and beer in a setting with retro school buses used as indoor seating.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Lake Bums 259 this business | $1.7M | — |
| PAPA'S Hochatown | $1.7M | 0.0 mi |
| The Eat Out Broken Bow | $1.7M | 0.0 mi |
| Shaved Ice Paradise - Sylvia Murphy Broken Bow | $1.7M | 0.0 mi |
| Grateful Head Pizza Oven & Tap Room Broken Bow | $1.7M | 0.1 mi |
| The Blue Rooster Hochatown | $1.7M | 0.2 mi |
| Hocha Cup Broken Bow | $1.7M | 0.2 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 | $332K |
| Multiple for this size and industry | 1.8× |
| 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 | $752K – $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
History & advisors
“Originally known to long-time visitors as The Eat Out, our space transitioned into Lake Bums to perfectly capture the carefree, sun-soaked spirit of nearby Broken Bow Lake.”
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 Lake Bums 259
Lake Bums 259 is a restaurants company in Broken Bow, Oklahoma, in business since 2024. It is owned by Todd Peele and Susie Myers. Its estimated annual revenue is about $1.7M, with roughly $184K of EBITDA. Its estimated business value is $332K (likely range $118K–$518K).
Common questions
- Who owns Lake Bums 259?
- Lake Bums 259 is owned by Todd Peele and Susie Myers, according to public sources such as the company's website or filings.
- How much revenue does Lake Bums 259 make?
- SeeBITDA estimates Lake Bums 259'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 Lake Bums 259 worth?
- About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was Lake Bums 259 founded?
- Lake Bums 259 has been in business since 2024.