Pita Place Inc.
How we got $146K
Based on its 5 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
Pita Place is a Mediterranean restaurant in Bixby, Oklahoma, that also runs a food truck, an international market, and catering. It serves diners and event hosts in the Tulsa area.
From the company's website. Industry: Restaurants.
Customers & suppliers
Suppliers & brands
- Masti Malone's · brand it sells or installs
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 |
|---|---|---|
| PITA PLACE INC. this business | $740K | — |
| YAN HE, INC. Tulsa · 4 employees | $697K | 0.1 mi |
| Happy House Bixby | $1.7M | 0.1 mi |
| FreshBerry Frozen Yogurt Cafe Tulsa | $1.7M | 0.1 mi |
| Starbucks Tulsa | $1.7M | 0.1 mi |
| 111th and Memorial Tulsa | $1.7M | 0.1 mi |
| CADILLAC FOOD SERVICE LLC Tulsa · 18 employees | $2.1M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $572K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $738K |
| Estimate: the two combined (geometric mean) | $740K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $81K |
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 | $146K |
| Multiple for this size and industry | 1.8× |
| Value range | $77K – $199K |
| Revenue range | $487K – $844K |
| EBITDA range | $53K – $92K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
- BankingArvest Bank, Grand 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
| Grand Bank PPP 2021 | All 407 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $21K | 5 |
| 2/19/2021 | second | $35K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Pita Place Inc.
Pita Place Inc. is a restaurants company in Bixby, Oklahoma, in business since 2007. Its estimated annual revenue is about $740K, with roughly $81K of EBITDA. It has about 5 employees. Its estimated business value is $146K (likely range $77K–$199K).
Common questions
- Who owns Pita Place Inc.?
- The owner of Pita Place Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Pita Place Inc. make?
- SeeBITDA estimates Pita Place Inc.'s annual revenue at about $740K (likely between $487K and $844K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pita Place Inc. worth?
- About $146K, roughly 1.8× its estimated EBITDA of $81K, typical for a restaurants company its size. Likely range: $77K–$199K.
- How many employees does Pita Place Inc. have?
- About 5, as reported on its PPP loan.
- When was Pita Place Inc. founded?
- Pita Place Inc. has been in business since 2007.