Prep'd, LLC
How we got $1.4M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 8% 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 Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
PREP'D is a meal prep business with locations in Yukon and North OKC, Oklahoma, selling ready-made healthy meals that customers can buy in store or have delivered.
From the company's website. Industry: Perishable Prepared Food Manufacturing.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PREP'D, LLC this business | $5.1M | — |
| Royal Cup Inc Oklahoma City | $1.7M | 6.7 mi |
| VITALITY MEAL PREP & FITNESS Oklahoma City · 1 employees | $629K | 8.8 mi |
| CALLEYCO LLC Oklahoma City · 1 employees | $438K | 9.3 mi |
| REFRESQUERIA LAS DELICIAS OKLAHOMA Oklahoma City · 2 employees | $1.0M | 11.3 mi |
| WAFFLE CHAMPION Oklahoma City · 23 employees | $11.1M | 11.4 mi |
| MARIPOSA COFFEE ROASTERY Oklahoma City · 7 employees | $4.5M | 11.9 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.3M |
| Estimate: the two combined (geometric mean) | $5.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $470K |
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 | $1.4M |
| Multiple for this size and industry | 3× |
| Value range | $741K – $1.9M |
| Revenue range | $3.3M – $5.8M |
| EBITDA range | $309K – $535K |
| Industry (NAICS) | Perishable Prepared Food Manufacturing (311991) |
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. 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
- BankingBank 7PPP / 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
| Bank 7 PPP 2020 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $68K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Prep'd, LLC
Prep'd, LLC is a perishable prepared food manufacturing company in Yukon, Oklahoma, in business since 2005. It is owned by Jason Lee. Its estimated annual revenue is about $5.1M, with roughly $470K of EBITDA. It has about 18 employees. Its estimated business value is $1.4M (likely range $741K–$1.9M).
Common questions
- Who owns Prep'd, LLC?
- Prep'd, LLC is owned by Jason Lee, according to public sources such as the company's website or filings.
- How much revenue does Prep'd, LLC make?
- SeeBITDA estimates Prep'd, LLC's annual revenue at about $5.1M (likely between $3.3M and $5.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Prep'd, LLC worth?
- About $1.4M, roughly 3× its estimated EBITDA of $470K, typical for a perishable prepared food manufacturing company its size. Likely range: $741K–$1.9M.
- How many employees does Prep'd, LLC have?
- About 18, as reported on its PPP loan.
- When was Prep'd, LLC founded?
- Prep'd, LLC has been in business since 2005.