Royal Bavaria Corporation
- Andy GmeinerExecutive Chef · Company website
How we got $390K
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 34 years (since 1992)
- Family in the business (Andy Gmeiner, Executive Chef)
From public records and the company's website, not a statement that it's for sale.
What they do
Royal Bavaria is a German restaurant and brewery in Moore, OK, serving authentic Bavarian dishes prepared fresh from scratch daily and handcrafted beer. It also hosts large groups, parties and events.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ROYAL BAVARIA CORPORATION this business | $2.2M | — |
| BELMAR CANTINA, L.L.C. Norman · 20 employees | $2.1M | 0.6 mi |
| KIMMIK, INC. Norman · 22 employees | $2.6M | 0.8 mi |
| Pop-A-Top Oklahoma City | $1.7M | 1.4 mi |
| Chibi's Anime Cafe Moore | $1.7M | 1.4 mi |
| Mooney's Pub and Grill Norman | $1.7M | 2.3 mi |
| PARK ENTERPRISES LLC Moore · 9 employees | $1.1M | 2.6 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $217K |
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 | $390K |
| Multiple for this size and industry | 1.8× |
| Value range | $205K – $534K |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $143K – $247K |
| 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
History & advisors
“Royal Bavaria was founded November 20th, 1992 by Jörg Kühne, a businessman from Munich, Germany.”
Advisors
- BankingArmstrong 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
| Armstrong Bank PPP 2020, PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $104K | 20 |
| 1/23/2021 | second | $145K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Royal Bavaria Corporation
Royal Bavaria Corporation is a restaurants company in Moore, Oklahoma, in business since 1992. It is owned by Andreas (Andy) Gmeiner. Its estimated annual revenue is about $2.2M, with roughly $217K of EBITDA. It has about 21 employees. Its estimated business value is $390K (likely range $205K–$534K).
Common questions
- Who owns Royal Bavaria Corporation?
- Royal Bavaria Corporation is owned by Andreas (Andy) Gmeiner, according to public sources such as the company's website or filings.
- How much revenue does Royal Bavaria Corporation make?
- SeeBITDA estimates Royal Bavaria Corporation's annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Royal Bavaria Corporation worth?
- About $390K, roughly 1.8× its estimated EBITDA of $217K, typical for a restaurants company its size. Likely range: $205K–$534K.
- How many employees does Royal Bavaria Corporation have?
- About 21, as reported on its PPP loan.
- When was Royal Bavaria Corporation founded?
- Royal Bavaria Corporation has been in business since 1992.