Pickles Restaurant, Inc
How we got $307K
Based on its 30 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Jan's Pickles sells gourmet homemade spicy and sweet pickles. Customers can shop online and find the business at its locations.
From the company's website. Industry: Restaurants.
Estimated value over time
▲ 26% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PICKLES RESTAURANT, INC this business | $1.7M | — |
| Sbarro Moore | $1.7M | 0.1 mi |
| Starbucks Moore | $1.7M | 0.1 mi |
| Trucker Treats Moore | $1.7M | 0.2 mi |
| LoQmé Moore | $1.7M | 0.2 mi |
| Mazzio's Pizza Moore | $1.7M | 0.4 mi |
| DLJ FOODS INC. Moore · 23 employees | $2.1M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 30 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $976K |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $171K |
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 | $307K |
| Multiple for this size and industry | 1.8× |
| Value range | $162K – $420K |
| Revenue range | $1.1M – $2.0M |
| EBITDA range | $112K – $195K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
People & advisors
Advisors
- BankingFirst Fidelity Bank, McClain 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
| First Fidelity Bank PPP 2020 | All 940 borrowers → |
| McClain Bank PPP 2021 | All 127 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $45K | 5 |
| 2/4/2021 | second | $55K | 30 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Pickles Restaurant, Inc
Pickles Restaurant, Inc is a restaurants company in Moore, Oklahoma, in business since 2007. It is owned by Jan Williams. Its estimated annual revenue is about $1.7M, with roughly $171K of EBITDA. It has about 30 employees. Its estimated business value is $307K (likely range $162K–$420K).
Common questions
- Who owns Pickles Restaurant, Inc?
- Pickles Restaurant, Inc is owned by Jan Williams, according to public sources such as the company's website or filings.
- How much revenue does Pickles Restaurant, Inc make?
- SeeBITDA estimates Pickles Restaurant, Inc's annual revenue at about $1.7M (likely between $1.1M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pickles Restaurant, Inc worth?
- About $307K, roughly 1.8× its estimated EBITDA of $171K, typical for a restaurants company its size. Likely range: $162K–$420K.
- How many employees does Pickles Restaurant, Inc have?
- About 30, as reported on its PPP loan.
- When was Pickles Restaurant, Inc founded?
- Pickles Restaurant, Inc has been in business since 2007.