SeeBITDAOklahoma

HTeaO - Norman (Lindsey & McGee)

  • 1807 W Lindsey St, Norman, OK
  • Since 2017
Estimated valueLow confidence
$332K
$118Klikely range$518K
About 1.8× its yearly profit, typical for a company this size in its industry.
Revenue
$1.7M
a year
Profit (EBITDA)
$184K
11% of revenue
Employees
—
not reported
Justin Howe
Co-Founder · source

How we got $332K

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

A typical restaurants business in Oklahoma$1.7M
Revenue$1.7M
× 11% profit margin$184K
× 1.8 sale multiple = value$332K

· 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

HTeaO Norman, at 1807 W. Lindsey St., serves brewed iced tea in over 20 flavors, plus handcrafted coffee beverages and grab-and-go snacks, for locals and people on the go.

Products & services
iced teahandcrafted coffee beveragesgrab and go snacksbrowniescupcakesjerkymini gallonscustom tea combinations
Service area
Norman, OK

From the company's website. Industry: Restaurants.

Customers & suppliers

Suppliers & brands

  • Free Rein Coffee · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
HTeaO - Norman (Lindsey & McGee)
this business
$1.7M$184K—
KFC
Norman
$1.7M$184K0.0 mi
MY PHAN LLC
Norman · 11 employees
$597K$65K0.1 mi
Krave Teriyaki-Norman
Norman
$1.7M$184K0.1 mi
Teapioca Lounge
Norman
$1.7M$184K0.1 mi
Level 10 Protein
Norman
$1.7M$184K0.1 mi
Sonic Drive In
Norman
$1.7M$184K0.1 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 industry1.8×
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$753K – $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

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About HTeaO - Norman (Lindsey & McGee)

HTeaO - Norman (Lindsey & McGee) is a restaurants company in Norman, Oklahoma, in business since 2017. It is owned by Justin Howe (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 HTeaO - Norman (Lindsey & McGee)?
HTeaO - Norman (Lindsey & McGee) is owned by Justin Howe (Co-Founder), according to public sources such as the company's website or filings.
How much revenue does HTeaO - Norman (Lindsey & McGee) make?
SeeBITDA estimates HTeaO - Norman (Lindsey & McGee)'s annual revenue at about $1.7M (likely between $753K and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is HTeaO - Norman (Lindsey & McGee) worth?
About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
When was HTeaO - Norman (Lindsey & McGee) founded?
HTeaO - Norman (Lindsey & McGee) has been in business since 2017.