Coney Island
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 28 years (since 1998)
- Founder still runs it after 28 years
From public records and the company's website, not a statement that it's for sale.
What they do
Coney Island USA is a nonprofit arts organization dedicated to the economic and cultural revitalization of Coney Island, based at 1208 Surf Avenue in Brooklyn. It hosts a circus sideshow, a museum, the Mermaid Parade, a Freak Bar and a gift shop.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Coney Island this business | $1.7M | — |
| Mingo Nutrition Tulsa | $1.7M | 0.1 mi |
| Tulsa Seafood And Meats Tulsa | $1.7M | 0.1 mi |
| TORO LOCO RESTAURANT LLC Tulsa | $1.7M | 0.2 mi |
| Noa's Cocina Mexicana Tulsa | $1.7M | 0.2 mi |
| Thai Taste will be Thai Golden soon Tulsa | $1.7M | 0.2 mi |
| La Coshi Tulsa | $1.7M | 0.3 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 | $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 Coney Island
Coney Island is a restaurants company in Tulsa, Oklahoma, in business since 1998. It is owned by Costa Mantis (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 Coney Island?
- Coney Island is owned by Costa Mantis (Founder), according to public sources such as the company's website or filings.
- How much revenue does Coney Island make?
- SeeBITDA estimates Coney Island'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 Coney Island worth?
- About $332K, roughly 1.8× its estimated EBITDA of $184K, typical for a restaurants company its size. Likely range: $118K–$518K.
- When was Coney Island founded?
- Coney Island has been in business since 1998.
- Is Coney Island for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 28 years (since 1998); founder still runs it after 28 years.