Red Door Penn LLC
How we got $779K
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Red Door Escape Room runs private escape room experiences at its Penn Square location in Oklahoma City, offering team building, corporate events, birthdays and celebrations for groups.
From the company's website. Industry: All Other Amusement and Recreation Industries.
Estimated value over time
▲ 38% 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 |
|---|---|---|
| RED DOOR PENN LLC this business | $1.6M | — |
| Upward Vr Oklahoma City | $793K | 0.1 mi |
| 5 Steps Fitness Oklahoma City | $793K | 0.2 mi |
| The Yoga Box Oklahoma City | $793K | 0.2 mi |
| Askew Ballet Academy Oklahoma City | $793K | 0.2 mi |
| CYCLEBAR Oklahoma City | $793K | 0.7 mi |
| K & K CYCLING Oklahoma City · 27 employees | $1.8M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.0M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $288K |
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 | $779K |
| Multiple for this size and industry | 2.7× |
| Value range | $410K – $1.1M |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $190K – $329K |
| Industry (NAICS) | All Other Amusement and Recreation Industries (713990) |
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
- BankingLive Oak Banking Company, JPMorgan Chase Bank, National AssociationPPP / 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
| JPMorgan Chase Bank, National Association 7(a) 2020 | All 993 borrowers → |
| Live Oak Banking Company PPP 2020 | All 75 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $35K | 21 |
Public records
| Oct 2019 | 7(a) | $371K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Red Door Penn LLC
Red Door Penn LLC is an all other amusement and recreation industries company in Oklahoma City, Oklahoma, in business since 2016. It is owned by Nick Madden (CEO). Its estimated annual revenue is about $1.6M, with roughly $288K of EBITDA. It has about 21 employees. Its estimated business value is $779K (likely range $410K–$1.1M).
Common questions
- Who owns Red Door Penn LLC?
- Red Door Penn LLC is owned by Nick Madden (CEO), according to public sources such as the company's website or filings.
- How much revenue does Red Door Penn LLC make?
- SeeBITDA estimates Red Door Penn LLC's annual revenue at about $1.6M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red Door Penn LLC worth?
- About $779K, roughly 2.7× its estimated EBITDA of $288K, typical for a all other amusement and recreation industries company its size. Likely range: $410K–$1.1M.
- How many employees does Red Door Penn LLC have?
- About 21, as reported on its PPP loan.
- When was Red Door Penn LLC founded?
- Red Door Penn LLC has been in business since 2016.