Rays Food, LLC
How we got $322K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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 |
|---|---|---|
| RAYS FOOD, LLC this business | $2.8M | — |
| CEFCO Texhoma | $3.0M | 0.0 mi |
| Valero Texhoma | $5.2M | 0.0 mi |
| The Crystal Boot Texhoma | $1.7M | 0.1 mi |
| SLAT'S FOOD MARKET Texhoma · 10 employees | $2.5M | 0.1 mi |
| NAPA Auto Parts Texhoma | $2.3M | 0.1 mi |
| TEXHOMA SUPPLY INC Texhoma · 8 employees | $2.2M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $161K |
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 | $322K |
| Multiple for this size and industry | 2× |
| Value range | $169K – $440K |
| Revenue range | $1.8M – $3.2M |
| EBITDA range | $106K – $183K |
| Industry (NAICS) | Retail Trade (447110) |
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: approximate sector default. 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
- BankingCentennial 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 Roles are as stated there and may be out of date.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
| Centennial Bank PPP 2020 | All 40 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $10K | 5 |
About Rays Food, LLC
Rays Food, LLC is a retail trade company in Texhoma, Oklahoma. Its estimated annual revenue is about $2.8M, with roughly $161K of EBITDA. It has about 5 employees. Its estimated business value is $322K (likely range $169K–$440K).
Common questions
- Who owns Rays Food, LLC?
- The owner of Rays Food, 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 Rays Food, LLC make?
- SeeBITDA estimates Rays Food, LLC's annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rays Food, LLC worth?
- About $322K, roughly 2× its estimated EBITDA of $161K, typical for a retail trade company its size. Likely range: $169K–$440K.
- How many employees does Rays Food, LLC have?
- About 5, as reported on its PPP loan.