Rew III LLC
How we got $23.9M
Based on its 500 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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 |
|---|---|---|
| REW III LLC this business | $70.4M | — |
| Neives' Mexican Grill Tulsa | $1.7M | 0.3 mi |
| La Lupita Authentic Mexican Food Broken Arrow | $1.7M | 0.3 mi |
| Taco Bueno Broken Arrow | $1.7M | 0.3 mi |
| Indian Corner Broken Arrow | $1.7M | 0.3 mi |
| KFC Broken Arrow | $1.7M | 0.4 mi |
| Arby's Broken Arrow | $1.7M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 500 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $42.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $89.4M |
| Estimate: the two combined (geometric mean) | $70.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $5.2M |
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 | $23.9M |
| Multiple for this size and industry | 4.6× |
| Value range | $12.6M – $32.7M |
| Revenue range | $46.3M – $80.2M |
| EBITDA range | $3.4M – $5.9M |
| Industry (NAICS) | Limited-Service Restaurants (722513) |
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
People & advisors
Advisors
- BankingCitizens 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 Roles are as stated there and may be out of date.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
| Citizens Bank PPP 2020 | All 22 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 | $2.9M | 500 |
About Rew III LLC
Rew III LLC is a restaurants company in Tulsa, Oklahoma. Its estimated annual revenue is about $70.4M, with roughly $5.2M of EBITDA. It has about 500 employees. Its estimated business value is $23.9M (likely range $12.6M–$32.7M).
Common questions
- Who owns Rew III LLC?
- The owner of Rew III 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 Rew III LLC make?
- SeeBITDA estimates Rew III LLC's annual revenue at about $70.4M (likely between $46.3M and $80.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rew III LLC worth?
- About $23.9M, roughly 4.6× its estimated EBITDA of $5.2M, typical for a restaurants company its size. Likely range: $12.6M–$32.7M.
- How many employees does Rew III LLC have?
- About 500, as reported on its PPP loan.