Sangre Foodservice Management LLC
- Josh SandersSigns company filings · Form 5500 (2020)
How we got $16.0M
Based on its 298 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 33% 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
▲ 21% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 298 | $19.2M |
| 2020 | Form 5500 | 280 | $18.1M |
| 2021 | Form 5500 | 309 | $19.9M |
| 2022 | Form 5500 | 361 | $23.3M |
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 |
|---|---|---|
| SANGRE FOODSERVICE MANAGEMENT LLC this business | $39.5M | — |
| Keystone Food Service Stillwater | $1.1M | 0.0 mi |
| Keystone Food Service Stillwater | $3.0M | 0.4 mi |
| MEDITATIONS,INC. Stillwater · 21 employees | $2.7M | 3.7 mi |
| TWISTED UP LLC Stillwater · 2 employees | $399K | 3.7 mi |
| SPARROW, LLC Stillwater · 2 employees | $438K | 3.9 mi |
| Duncan Catering Co Stillwater | $1.1M | 4.2 mi |
The full calculation
| Employees reported to the SBA | 298 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $33.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $36.0M |
| Estimate: the two combined (geometric mean) | $39.5M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $2.9M |
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 | $16.0M |
| Multiple for this size and industry | 5.5× |
| Value range | $8.4M – $21.9M |
| Revenue range | $26.0M – $45.1M |
| EBITDA range | $1.9M – $3.3M |
| Industry (NAICS) | Food Service Contractors (722310) |
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
Advisors
- AccountingForvis, LLPAudits its 401(k) plan (2022 filing)
- BankingBancFirstPPP / 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
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2021 | second | $2.0M | 298 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sangre Foodservice Management LLC
Sangre Foodservice Management LLC is a food service contractors company in Stillwater, Oklahoma. It is owned by Todd Crosby. Its estimated annual revenue is about $39.5M, with roughly $2.9M of EBITDA. It has about 361 employees. Its estimated business value is $16.0M (likely range $8.4M–$21.9M).
Common questions
- Who owns Sangre Foodservice Management LLC?
- Sangre Foodservice Management LLC is owned by Todd Crosby, according to public sources such as the company's website or filings.
- How much revenue does Sangre Foodservice Management LLC make?
- SeeBITDA estimates Sangre Foodservice Management LLC's annual revenue at about $39.5M (likely between $26.0M and $45.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sangre Foodservice Management LLC worth?
- About $16.0M, roughly 5.5× its estimated EBITDA of $2.9M, typical for a food service contractors company its size. Likely range: $8.4M–$21.9M.
- How many employees does Sangre Foodservice Management LLC have?
- About 361, from its 2022 retirement-plan filing.