Restaurant Equipment & Supply LLC
How we got $1.1M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 10% 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.
What we know
What they do
Restaurant Equipment & Supply is a retail store in Tulsa, Oklahoma, open to the public, offering restaurant equipment and supplies for people opening a restaurant or shopping for home use.
From the company's website. Industry: Other Commercial Equipment Merchant Wholesalers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MAZZIO'S LLC · Tulsa, 2 mi · $80.0M
- REW III LLC · Tulsa, 3 mi · $70.4M
- HIDEAWAY- 2 INC · Tulsa, 6 mi · $63.9M
- SJK, LLC · Broken Arrow, 7 mi · $48.1M
- WICHITA SDI, LLC · Prague, 63 mi · $46.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RESTAURANT EQUIPMENT & SUPPLY LLC this business | $4.2M | — |
| ELECTRONIC DICTATION OF TULSA INC. Tulsa · 2 employees | $2.2M | 1.1 mi |
| T&S TAYLOR ENTERPRISES Tulsa · 5 employees | $3.3M | 1.3 mi |
| X FRAMES TULSA Tulsa · 3 employees | $4.2M | 1.7 mi |
| MEGA WATTS COMPUTERS LLC Tulsa · 5 employees | $12.9M | 1.7 mi |
| REESE'S MEDICAL EQUIPMENT Tulsa · 2 employees | $2.0M | 2.0 mi |
| Northern Safety & Industrial Tulsa | $2.1M | 2.3 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.9M |
| Estimate: the two combined (geometric mean) | $4.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $382K |
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 | $1.1M |
| Multiple for this size and industry | 2.9× |
| Value range | $583K – $1.5M |
| Revenue range | $2.7M – $4.8M |
| EBITDA range | $251K – $436K |
| Industry (NAICS) | Other Commercial Equipment Merchant Wholesalers (423440) |
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
“Eighteen years ago Mike Stuart founded Restaurant Equipment & Supply with the idea that everyone deserved to be treated fairly.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 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 | $71K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Restaurant Equipment & Supply LLC
Restaurant Equipment & Supply LLC is an other commercial equipment merchant wholesalers company in Tulsa, Oklahoma, in business since 2015. It is owned by Mike Stuart (Founder). Its estimated annual revenue is about $4.2M, with roughly $382K of EBITDA. It has about 6 employees. Its estimated business value is $1.1M (likely range $583K–$1.5M).
Common questions
- Who owns Restaurant Equipment & Supply LLC?
- Restaurant Equipment & Supply LLC is owned by Mike Stuart (Founder), according to public sources such as the company's website or filings.
- How much revenue does Restaurant Equipment & Supply LLC make?
- SeeBITDA estimates Restaurant Equipment & Supply LLC's annual revenue at about $4.2M (likely between $2.7M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Restaurant Equipment & Supply LLC worth?
- About $1.1M, roughly 2.9× its estimated EBITDA of $382K, typical for a other commercial equipment merchant wholesalers company its size. Likely range: $583K–$1.5M.
- How many employees does Restaurant Equipment & Supply LLC have?
- About 6, as reported on its PPP loan.
- When was Restaurant Equipment & Supply LLC founded?
- Restaurant Equipment & Supply LLC has been in business since 2015.