Patricia Island Country Club LLC
How we got $2.5M
Based on its 41 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
What they do
Patricia Island Country Club is an 18-hole golf course in Grove, Oklahoma, near Grand Lake, with a restaurant called Mulligans and real estate listings in the Grand Lake area.
From the company's website. Industry: Golf Courses and Country Clubs.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PATRICIA ISLAND COUNTRY CLUB LLC this business | $4.4M | — |
| Quail Ridge Golf and Event Venue Grove | $793K | 1.3 mi |
| Wolf Creek CrossFit Grove | $793K | 2.0 mi |
| Mend YogaBar Grove | $793K | 2.1 mi |
| Jim's Guide Service Grove | $793K | 2.3 mi |
| On Target Guns Bows and Range Grove | $793K | 2.5 mi |
| Buffalo Shores Recreation Club Grove | $793K | 2.8 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $4.4M |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $730K |
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 | $2.5M |
| Multiple for this size and industry | 3.4× |
| Value range | $1.3M – $3.4M |
| Revenue range | $2.9M – $5.0M |
| EBITDA range | $480K – $833K |
| Industry (NAICS) | Golf Courses and Country Clubs (713910) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingGrand Savings BankPPP / SBA lender
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.
Banking relationships
| Grand Savings Bank PPP 2020, PPP 2021 | All 196 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $161K | 36 |
| 1/23/2021 | second | $167K | 41 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Patricia Island Country Club LLC
Patricia Island Country Club LLC is a golf courses and country clubs company in Grove, Oklahoma, in business since 2000. It is owned by Billy and Marjie Sly. Its estimated annual revenue is about $4.4M, with roughly $730K of EBITDA. It has about 41 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M).
Common questions
- Who owns Patricia Island Country Club LLC?
- Patricia Island Country Club LLC is owned by Billy and Marjie Sly, according to public sources such as the company's website or filings.
- How much revenue does Patricia Island Country Club LLC make?
- SeeBITDA estimates Patricia Island Country Club LLC's annual revenue at about $4.4M (likely between $2.9M and $5.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Patricia Island Country Club LLC worth?
- About $2.5M, roughly 3.4× its estimated EBITDA of $730K, typical for a golf courses and country clubs company its size. Likely range: $1.3M–$3.4M.
- How many employees does Patricia Island Country Club LLC have?
- About 41, as reported on its PPP loan.
- When was Patricia Island Country Club LLC founded?
- Patricia Island Country Club LLC has been in business since 2000.