Ron's Hamburgers & Chili No 5 Inc
How we got $198K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Ron's Hamburgers & Chili is a casual, seat-yourself cafe serving hamburgers, chili and other sandwiches, with draft root beer and no alcoholic beverages, that has operated since 1975 across Oklahoma, Texas, and Arkansas.
From the company's website. Industry: Restaurants.
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 |
|---|---|---|
| RON'S HAMBURGERS & CHILI NO 5 INC this business | $1.0M | — |
| VILLA RAVENNA LLC Tulsa · 18 employees | $2.5M | 0.0 mi |
| YUTAKA SUSHI BUFFET INC Tulsa · 7 employees | $950K | 0.0 mi |
| Helen of Troy LLC Tulsa | $1.7M | 0.0 mi |
| Furr's Tulsa | $1.7M | 0.0 mi |
| Oishi Sushi and Ramen OK Tulsa | $1.7M | 0.1 mi |
| BILLY SIMMS BBQ, LLC Tulsa · 21 employees | $1.5M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $901K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $867K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $110K |
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 | $198K |
| Multiple for this size and industry | 1.8× |
| Value range | $104K – $271K |
| Revenue range | $663K – $1.1M |
| EBITDA range | $72K – $125K |
| 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
- BankingVast 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
| Vast Bank, National Association PPP 2020, PPP 2021 | All 359 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $32K | 7 |
| 1/25/2021 | second | $29K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ron's Hamburgers & Chili No 5 Inc
Ron's Hamburgers & Chili No 5 Inc is a restaurants company in Tulsa, Oklahoma, in business since 2016. It is owned by Ron Baber (Founder). Its estimated annual revenue is about $1.0M, with roughly $110K of EBITDA. It has about 10 employees. Its estimated business value is $198K (likely range $104K–$271K).
Common questions
- Who owns Ron's Hamburgers & Chili No 5 Inc?
- Ron's Hamburgers & Chili No 5 Inc is owned by Ron Baber (Founder), according to public sources such as the company's website or filings.
- How much revenue does Ron's Hamburgers & Chili No 5 Inc make?
- SeeBITDA estimates Ron's Hamburgers & Chili No 5 Inc's annual revenue at about $1.0M (likely between $663K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ron's Hamburgers & Chili No 5 Inc worth?
- About $198K, roughly 1.8× its estimated EBITDA of $110K, typical for a restaurants company its size. Likely range: $104K–$271K.
- How many employees does Ron's Hamburgers & Chili No 5 Inc have?
- About 10, as reported on its PPP loan.
- When was Ron's Hamburgers & Chili No 5 Inc founded?
- Ron's Hamburgers & Chili No 5 Inc has been in business since 2016.