How we got $3.6M
Based on 17 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 9% 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 |
|---|---|---|
| RASHMI LLC this business | $2.7M | — |
| Travelodge Inn & Suites by Wyndham Norman Norman | $1.9M | 0.0 mi |
| Days Inn by Wyndham Norman Norman | $1.9M | 0.1 mi |
| CRIMSON HOTEL INVESTMENTS LLC Norman · 11 employees | $2.1M | 0.1 mi |
| Super 8 Norman | $1.9M | 0.2 mi |
| F M & S ENTERPRISES LLC Norman · 16 employees | $2.9M | 0.2 mi |
| Americas Best Value Inn Norman At Univ Of Oklahoma Norman | $1.9M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Industry revenue per employee | $100K |
| Revenue = employees × revenue per employee | $2.7M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $742K |
| Cross-check: revenue implied by PPP payroll | $624K |
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 | $3.6M |
| Multiple for this size and industry | 4.9× |
| Value range | $1.7M – $5.2M |
| Revenue range | $1.6M – $3.2M |
| EBITDA range | $439K – $877K |
| Industry (NAICS) | Hotels (except Casino Hotels) and Motels (721110) |
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 Bank and Trust CoPPP / 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 Roles are as stated there and may be out of date.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 Bank and Trust Co PPP 2021 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/19/2021 | second | $23K | 17 |
About Rashmi LLC
Rashmi LLC is a hotels & motels company in Norman, Oklahoma. Its estimated annual revenue is about $2.7M, with roughly $742K of EBITDA. It has about 17 employees. Its estimated business value is $3.6M (likely range $1.7M–$5.2M).
Common questions
- Who owns Rashmi LLC?
- The owner of Rashmi 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 Rashmi LLC make?
- SeeBITDA estimates Rashmi LLC's annual revenue at about $2.7M (likely between $1.6M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rashmi LLC worth?
- About $3.6M, roughly 4.9× its estimated EBITDA of $742K, typical for a hotels & motels company its size. Likely range: $1.7M–$5.2M.
- How many employees does Rashmi LLC have?
- About 17, as reported on its PPP loan.