Seafood Party Inc
How we got $287K
Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Seafood Party is a casual boiling seafood restaurant in Midwest City, Oklahoma, offering seafood, Cajun, American and Chinese cuisines with carryout and delivery options.
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 |
|---|---|---|
| SEAFOOD PARTY INC this business | $1.5M | — |
| METRO EAST FRANCHISE DEVELOPMENT LLC Oklahoma City · 4 employees | $581K | 0.0 mi |
| Freezing Cow Midwest City | $1.7M | 0.0 mi |
| The Big Biscuit Midwest City | $1.7M | 0.0 mi |
| Panera Bread Midwest City | $1.7M | 0.0 mi |
| Qdoba Mexican Grill Midwest City | $1.7M | 0.1 mi |
| Wingstop Midwest City | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $159K |
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 | $287K |
| Multiple for this size and industry | 1.8× |
| Value range | $151K – $393K |
| Revenue range | $960K – $1.7M |
| EBITDA range | $105K – $182K |
| 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/6/2020 | first | $43K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Seafood Party Inc
Seafood Party Inc is a restaurants company in Oklahoma City, Oklahoma, in business since 2020. Its estimated annual revenue is about $1.5M, with roughly $159K of EBITDA. It has about 16 employees. Its estimated business value is $287K (likely range $151K–$393K).
Common questions
- Who owns Seafood Party Inc?
- The owner of Seafood Party 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 Seafood Party Inc make?
- SeeBITDA estimates Seafood Party Inc's annual revenue at about $1.5M (likely between $960K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Seafood Party Inc worth?
- About $287K, roughly 1.8× its estimated EBITDA of $159K, typical for a restaurants company its size. Likely range: $151K–$393K.
- How many employees does Seafood Party Inc have?
- About 16, as reported on its PPP loan.
- When was Seafood Party Inc founded?
- Seafood Party Inc has been in business since 2020.