R & C Food Enterprises, LP
How we got $462K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 33% 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 |
|---|---|---|
| R & C FOOD ENTERPRISES, LP this business | $3.4M | — |
| REX YODER ENTERPRISES, LLC Fairview · 8 employees | $3.0M | 14.4 mi |
| SAEED ENTERPRISES, INC. Enid · 4 employees | $2.2M | 17.4 mi |
| WHIPPET EXPRESS, INC Okeene · 8 employees | $3.2M | 18.7 mi |
| P AND J, LLC Enid · 186 employees | $69.8M | 19.1 mi |
| ENID SOONER STOP, INC. Enid · 3 employees | $1.6M | 19.1 mi |
| NASH-VILLE'S ONE STOP - PIT STOP LLC Nash · 3 employees | $1.3M | 19.8 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.1M |
| Estimate: the two combined (geometric mean) | $3.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $231K |
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 | $462K |
| Multiple for this size and industry | 2× |
| Value range | $243K – $632K |
| Revenue range | $2.3M – $3.9M |
| EBITDA range | $152K – $264K |
| Industry (NAICS) | Supermarkets and Other Grocery Retailers (except Convenience Retailers) (445110) |
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
- BankingCleo State 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 Roles are as stated there and may be out of date.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
| Cleo State Bank PPP 2020 | All 37 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $39K | 4 |
About R & C Food Enterprises, LP
R & C Food Enterprises, LP is a supermarkets and other grocery retailers (except convenience retailers) company in Ringwood, Oklahoma. Its estimated annual revenue is about $3.4M, with roughly $231K of EBITDA. It has about 4 employees. Its estimated business value is $462K (likely range $243K–$632K).
Common questions
- Who owns R & C Food Enterprises, LP?
- The owner of R & C Food Enterprises, LP 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 R & C Food Enterprises, LP make?
- SeeBITDA estimates R & C Food Enterprises, LP's annual revenue at about $3.4M (likely between $2.3M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is R & C Food Enterprises, LP worth?
- About $462K, roughly 2× its estimated EBITDA of $231K, typical for a supermarkets and other grocery retailers (except convenience retailers) company its size. Likely range: $243K–$632K.
- How many employees does R & C Food Enterprises, LP have?
- About 4, as reported on its PPP loan.