Rusty Barrell Supper Club, Inc.
How we got $350K
Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 52 years (since 1974)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Rusty Barrell Supper Club is a steakhouse in Ponca City, Oklahoma, known as the Best Little Steak House in Oklahoma and serving locally sourced food, with a supper club history dating to 1974.
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 |
|---|---|---|
| RUSTY BARRELL SUPPER CLUB, INC. this business | $2.0M | — |
| Marco's Pizza Ponca City | $1.7M | 0.0 mi |
| Starbucks Ponca City | $1.7M | 0.0 mi |
| Pioneer Nutrition & Energy Ponca City | $1.7M | 0.1 mi |
| Long John Silver's Ponca City | $1.7M | 0.1 mi |
| Schlotzsky's Ponca City | $1.7M | 0.1 mi |
| Soup Man Ponca City | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $194K |
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 | $350K |
| Multiple for this size and industry | 1.8× |
| Value range | $184K – $479K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $128K – $222K |
| 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
Leadership
- JCJudy CoddingtonOwner and operator (former) · Company website · source
Advisors
- BankingEquity 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
| Equity Bank PPP 2020, PPP 2021 | All 375 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 | $73K | 16 |
| 1/20/2021 | second | $110K | 24 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rusty Barrell Supper Club, Inc.
Rusty Barrell Supper Club, Inc. is a restaurants company in Ponca City, Oklahoma, in business since 1974. It is owned by Rick Hancock. Its estimated annual revenue is about $2.0M, with roughly $194K of EBITDA. It has about 24 employees. Its estimated business value is $350K (likely range $184K–$479K).
Common questions
- Who owns Rusty Barrell Supper Club, Inc.?
- Rusty Barrell Supper Club, Inc. is owned by Rick Hancock, according to public sources such as the company's website or filings.
- How much revenue does Rusty Barrell Supper Club, Inc. make?
- SeeBITDA estimates Rusty Barrell Supper Club, Inc.'s annual revenue at about $2.0M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rusty Barrell Supper Club, Inc. worth?
- About $350K, roughly 1.8× its estimated EBITDA of $194K, typical for a restaurants company its size. Likely range: $184K–$479K.
- How many employees does Rusty Barrell Supper Club, Inc. have?
- About 24, as reported on its PPP loan.
- When was Rusty Barrell Supper Club, Inc. founded?
- Rusty Barrell Supper Club, Inc. has been in business since 1974.
- Is Rusty Barrell Supper Club, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 52 years (since 1974); no family successor named on its website.