Shanghai Express
How we got $75K
Based on its 3 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SHANGHAI EXPRESS this business | $327K | — |
| Mary Eddy's Dining Room Oklahoma City | $1.7M | 0.0 mi |
| Mary Eddy's Italian Grill Oklahoma City | $1.7M | 0.0 mi |
| SMC CONSULTING ENGINEERS, PC Oklahoma City · 16 employees | $1.7M | 0.1 mi |
| STITCH CAFE WEST VILLAGE, LLC Oklahoma City · 12 employees | $1.7M | 0.1 mi |
| Sonic Drive In Oklahoma City | $1.7M | 0.1 mi |
| Subway Oklahoma City | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $414K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $198K |
| Estimate: the two combined (geometric mean) | $327K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $42K |
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 | $75K |
| Multiple for this size and industry | 1.8× |
| Value range | $40K – $103K |
| Revenue range | $215K – $373K |
| EBITDA range | $28K – $48K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
- BankingInternational Bank of CommercePPP / 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 Roles are as stated there and may be out of date.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
| International Bank of Commerce PPP 2020 | All 442 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $5K | 3 |
About Shanghai Express
Shanghai Express is a restaurants company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $327K, with roughly $42K of EBITDA. It has about 3 employees. Its estimated business value is $75K (likely range $40K–$103K).
Common questions
- Who owns Shanghai Express?
- The owner of Shanghai Express 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 Shanghai Express make?
- SeeBITDA estimates Shanghai Express's annual revenue at about $327K (likely between $215K and $373K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shanghai Express worth?
- About $75K, roughly 1.8× its estimated EBITDA of $42K, typical for a restaurants company its size. Likely range: $40K–$103K.
- How many employees does Shanghai Express have?
- About 3, as reported on its PPP loan.