Hobby's Hoagies
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 Likely to sell
- In business 35 years (since 1991)
- Founder still runs it after 35 years
From public records and the company's website, not a statement that it's for sale.
What they do
Hobby's Hoagies is a family-owned and operated East Coast-style restaurant in Oklahoma City serving Philly cheesesteaks, New York style pizza, Italian hoagies and more. It also offers catering.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Hobby's Hoagies this business | $1.7M | — |
| Café420 The Alkaline Plant-Based stop Oklahoma City | $1.7M | 0.0 mi |
| Cafe 420 Oklahoma City | $1.7M | 0.0 mi |
| Patrono Oklahoma City | $1.7M | 0.0 mi |
| HOBBYS PIZZA & DELI INC Oklahoma City · 10 employees | $930K | 0.0 mi |
| Cafe Coyote OK Oklahoma City | $1.7M | 0.1 mi |
| Thai Kitchen Oklahoma City | $1.7M | 0.1 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 | $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
“After George retired from GM, he opened his first shop in Edmond in 1991 and later opened a second location in Downtown OKC in 2009.”
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 Hobby's Hoagies
Hobby's Hoagies is a family-owned restaurants company in Oklahoma City, Oklahoma, in business since 1991. It is owned by Greg Elwell (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 Hobby's Hoagies?
- Hobby's Hoagies is owned by Greg Elwell (Founder), according to public sources such as the company's website or filings.
- How much revenue does Hobby's Hoagies make?
- SeeBITDA estimates Hobby's Hoagies'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 Hobby's Hoagies worth?
- About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was Hobby's Hoagies founded?
- Hobby's Hoagies has been in business since 1991.
- Is Hobby's Hoagies for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 35 years (since 1991); founder still runs it after 35 years.