Serendipity Shave Ice
How we got $255K
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 44% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SERENDIPITY SHAVE ICE this business | $933K | — |
| SITARAM LLC, Guymon · 18 employees | $2.6M | 0.2 mi |
| BOB'S COWBOY BAR, LLC Guymon · 4 employees | $707K | 0.2 mi |
| Kalypso Sno & Twisted Treats Guymon | $1.7M | 0.2 mi |
| GALLEON LLC Guymon · 16 employees | $1.6M | 0.2 mi |
| DAVIS HOSPITALITY INC Guymon · 79 employees | $6.0M | 0.2 mi |
| The Pub On The Bricks Guymon | $1.7M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $69K |
| Revenue = employees × revenue per employee | $933K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $102K |
| Cross-check: revenue implied by PPP payroll | $125K |
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 | $255K |
| Multiple for this size and industry | 2.5× |
| Value range | $121K – $362K |
| Revenue range | $552K – $1.1M |
| EBITDA range | $60K – $121K |
| Industry (NAICS) | Mobile Food Services (722330) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingPanhandle First 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 Roles are as stated there and may be out of date.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
| Panhandle First Bank PPP 2020 | All 123 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $3K | 4 |
About Serendipity Shave Ice
Serendipity Shave Ice is a mobile food services company in Guymon, Oklahoma. Its estimated annual revenue is about $933K, with roughly $102K of EBITDA. It has about 4 employees. Its estimated business value is $255K (likely range $121K–$362K).
Common questions
- Who owns Serendipity Shave Ice?
- The owner of Serendipity Shave Ice 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 Serendipity Shave Ice make?
- SeeBITDA estimates Serendipity Shave Ice's annual revenue at about $933K (likely between $552K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Serendipity Shave Ice worth?
- About $255K, roughly 2.5× its estimated EBITDA of $102K, typical for a mobile food services company its size. Likely range: $121K–$362K.
- How many employees does Serendipity Shave Ice have?
- About 4, as reported on its PPP loan.