Platinum Cigar LLC
How we got $118K
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 21% since 2021Today'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 |
|---|---|---|
| PLATINUM CIGAR LLC this business | $487K | — |
| Gina's Wine Bar + Cigar Room Bartlesville | $757K | 0.0 mi |
| Haskell's Loft Bartlesville | $757K | 0.0 mi |
| Palace Rooms Bartlesville | $757K | 0.0 mi |
| Crossing 2nd Bartlesville | $757K | 0.1 mi |
| Angelo's Tavern Bartlesville | $757K | 0.2 mi |
| Solo Club Bartlesville | $757K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $597K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $306K |
| Estimate: the two combined (geometric mean) | $487K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $62K |
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 | $118K |
| Multiple for this size and industry | 1.9× |
| Value range | $62K – $162K |
| Revenue range | $320K – $555K |
| EBITDA range | $41K – $71K |
| Industry (NAICS) | Drinking Places (Alcoholic Beverages) (722410) |
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
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/26/2021 | first | $7K | 4 |
| 4/16/2021 | second | $10K | 4 |
About Platinum Cigar LLC
Platinum Cigar LLC is a bars company in Bartlesville, Oklahoma. Its estimated annual revenue is about $487K, with roughly $62K of EBITDA. It has about 4 employees. Its estimated business value is $118K (likely range $62K–$162K).
Common questions
- Who owns Platinum Cigar LLC?
- The owner of Platinum Cigar LLC 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 Platinum Cigar LLC make?
- SeeBITDA estimates Platinum Cigar LLC's annual revenue at about $487K (likely between $320K and $555K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Platinum Cigar LLC worth?
- About $118K, roughly 1.9× its estimated EBITDA of $62K, typical for a bars company its size. Likely range: $62K–$162K.
- How many employees does Platinum Cigar LLC have?
- About 4, as reported on its PPP loan.