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 High sell likelihood
- In business 40 years (since 1986)
- Founder still runs it after 40 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
City Bites is a sandwich shop chain that started as a small family venture in 1986 and now has 15 locations across the OKC metro and Kansas. It serves deli sandwiches, stuffed baked potatoes, Baja Tacos and freshly baked bread.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| City Bites this business | $1.7M | — |
| Waffle House Norman | $1.7M | 0.1 mi |
| Golden Corral Norman | $1.7M | 0.1 mi |
| RSK MANAGEMENT GROUP, INC. Norman · 45 employees | $4.6M | 0.1 mi |
| B & N GROUP @ NORMAN, LLC. Norman · 17 employees | $1.8M | 0.2 mi |
| Jimmy's Egg Norman | $1.7M | 0.2 mi |
| Crab and Catfish Co Seafood & Social Norman | $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
“The first City Bites opened on October 16th, 1986, in a small 800-square-foot location off NW 23rd Street in Bethany, Oklahoma.”
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 City Bites
City Bites is a family-owned restaurants company in Norman, Oklahoma, in business since 1986. It is owned by Brad Blevins (Co-Founder). 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 City Bites?
- City Bites is owned by Brad Blevins (Co-Founder), according to public sources such as the company's website or filings.
- How much revenue does City Bites make?
- SeeBITDA estimates City Bites'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 City Bites worth?
- About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was City Bites founded?
- City Bites has been in business since 1986.
- Is City Bites for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 40 years (since 1986); founder still runs it after 40 years; no family successor named on its website.