Rkt, Inc
How we got $12.0M
Based on its 500 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 86% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
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.
Employees over time
▼ 87% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 500 | $30.0M |
| 2020 | Form 5500 | 331 | $19.8M |
| 2021 | Form 5500 | 426 | $25.5M |
| 2022 | Form 5500 | 465 | $27.9M |
| 2023 | Form 5500 | 202 | $12.1M |
| 2024 | Form 5500 | 96 | $5.8M |
| 2025 | Form 5500 | 64 | $3.8M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RKT, INC this business | $41.8M | — |
| MRG RESAURANTS, INC Ada · 201 employees | $20.0M | 0.0 mi |
| Casey's Ada | $1.7M | 0.1 mi |
| Crowley's Market Ada | $1.7M | 0.2 mi |
| Ada Donuts Ada | $1.7M | 0.2 mi |
| Sonrise Nutrition Ada | $1.7M | 0.4 mi |
| AT MANAGEMENT INC Ada · 398 employees | $42.9M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 500 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $37.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $35.9M |
| Estimate: the two combined (geometric mean) | $41.8M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $3.1M |
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 | $12.0M |
| Multiple for this size and industry | 3.9× |
| Value range | $6.3M – $16.5M |
| Revenue range | $27.5M – $47.7M |
| EBITDA range | $2.0M – $3.5M |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
- AccountingFinley & CookAudits its 401(k) plan (2023 filing)
- BankingVision 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
| Vision Bank PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $1.6M | 500 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rkt, Inc
Rkt, Inc is a restaurants company in Ada, Oklahoma. Its estimated annual revenue is about $41.8M, with roughly $3.1M of EBITDA. It has about 64 employees. Its estimated business value is $12.0M (likely range $6.3M–$16.5M).
Common questions
- Who owns Rkt, Inc?
- The owner of Rkt, Inc 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 Rkt, Inc make?
- SeeBITDA estimates Rkt, Inc's annual revenue at about $41.8M (likely between $27.5M and $47.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rkt, Inc worth?
- About $12.0M, roughly 3.9× its estimated EBITDA of $3.1M, typical for a restaurants company its size. Likely range: $6.3M–$16.5M.
- How many employees does Rkt, Inc have?
- About 64, from its 2025 retirement-plan filing.