Ludger's Bavarian Cakery
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 62 years (since 1964)
- Founder still runs it after 62 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
Ludger's Bavarian Cakery is a family-owned bakery, cafe and coffeehouse in Tulsa, Oklahoma, offering cakes, coffees, breakfast and lunch items. It serves customers looking for wedding and groom's cakes, custom cakes and specialty sweets, and cafe food.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Ludger's Bavarian Cakery this business | $1.7M | — |
| SWEET APPETIT, INC. Tulsa · 18 employees | $2.3M | 0.0 mi |
| Taco Bueno Tulsa | $1.7M | 0.0 mi |
| Char Char Tulsa | $1.7M | 0.0 mi |
| Daylight Donuts Tulsa | $1.7M | 0.0 mi |
| Cookie Mama Tulsa | $1.7M | 0.0 mi |
| The Hamlet Tulsa | $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
“In 2009, the bakery was passed down from Ludger and Alecia Schulz to their daughter and son-in-law Chris and Allison Dickens.”
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 Ludger's Bavarian Cakery
Ludger's Bavarian Cakery is a family-owned restaurants company in Tulsa, Oklahoma, in business since 1964. It is owned by Ludger Schulz (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 Ludger's Bavarian Cakery?
- Ludger's Bavarian Cakery is owned by Ludger Schulz (Founder), according to public sources such as the company's website or filings.
- How much revenue does Ludger's Bavarian Cakery make?
- SeeBITDA estimates Ludger's Bavarian Cakery'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 Ludger's Bavarian Cakery worth?
- About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was Ludger's Bavarian Cakery founded?
- Ludger's Bavarian Cakery has been in business since 1964.
- Is Ludger's Bavarian Cakery for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 62 years (since 1964); founder still runs it after 62 years; no family successor named on its website.