Raina's Sport Lounge
How we got $129K
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
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 |
|---|---|---|
| RAINA'S SPORT LOUNGE this business | $530K | — |
| The Fountain Club Sulphur | $757K | 0.1 mi |
| Backyard Bar Sulphur | $757K | 0.5 mi |
| The Cove Davis | $757K | 11.5 mi |
| The Full House Bar Wynnewood | $757K | 14.7 mi |
| Circle "B" Bar Ranch Stratford | $757K | 20.0 mi |
| High Noon Hookah Bar & Lounge Pauls Valley | $757K | 21.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $65K |
| Revenue = employees × revenue per employee | $530K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $68K |
| Cross-check: revenue implied by PPP payroll | $127K |
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 | $129K |
| Multiple for this size and industry | 1.9× |
| Value range | $61K – $183K |
| Revenue range | $314K – $627K |
| EBITDA range | $40K – $80K |
| Industry (NAICS) | Drinking Places (Alcoholic Beverages) (722410) |
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
History & advisors
Advisors
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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 Roles are as stated there and may be out of date.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 National Bank and Trust Company of Ardmore PPP 2020 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/14/2020 | first | $3K | 3 |
About Raina's Sport Lounge
Raina's Sport Lounge is a bars company in Sulphur, Oklahoma. Its estimated annual revenue is about $530K, with roughly $68K of EBITDA. It has about 3 employees. Its estimated business value is $129K (likely range $61K–$183K).
Common questions
- Who owns Raina's Sport Lounge?
- The owner of Raina's Sport Lounge 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 Raina's Sport Lounge make?
- SeeBITDA estimates Raina's Sport Lounge's annual revenue at about $530K (likely between $314K and $627K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Raina's Sport Lounge worth?
- About $129K, roughly 1.9× its estimated EBITDA of $68K, typical for a bars company its size. Likely range: $61K–$183K.
- How many employees does Raina's Sport Lounge have?
- About 3, as reported on its PPP loan.