Shangri-La Resort, LLC
How we got $55.4M
Based on its 155 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 14% 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
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Shangri-La Resort is a lakefront resort on Monkey Island at Grand Lake in Oklahoma, offering rooms, golf, dining, a spa, marina rentals, and event spaces. It serves families, couples, groups, and golfers.
From the company's website. Industry: Hotels & motels.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SHANGRI-LA RESORT, LLC this business | $31.6M | — |
| Woody Crest Lodge Afton | $1.9M | 0.3 mi |
| SHANGRI-LA CHATEAUS HOMEOWNERS ASSOCIATION Afton · 7 employees | $1.3M | 0.3 mi |
| WorldMark Grand Lake Afton | $1.9M | 0.4 mi |
| Shangri-la On Grand Lake Afton | $1.9M | 0.5 mi |
| Shangn La Resort Afton | $1.9M | 1.1 mi |
| The Funky Monkey Inn Afton | $1.9M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 155 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $25.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $30.3M |
| Estimate: the two combined (geometric mean) | $31.6M |
| EBITDA margin (industry, adjusted for size) | 21% |
| EBITDA = revenue × margin | $6.5M |
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 | $55.4M |
| Multiple for this size and industry | 8.5× |
| Value range | $29.1M – $75.7M |
| Revenue range | $20.8M – $36.1M |
| EBITDA range | $4.3M – $7.4M |
| Industry (NAICS) | Hotels (except Casino Hotels) and Motels (721110) |
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
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $1.1M | 155 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shangri-La Resort, LLC
Shangri-La Resort, LLC is a hotels & motels company in Afton, Oklahoma, in business since 2001. It is owned by Eddy Gibbs. Its estimated annual revenue is about $31.6M, with roughly $6.5M of EBITDA. It has about 155 employees. Its estimated business value is $55.4M (likely range $29.1M–$75.7M).
Common questions
- Who owns Shangri-La Resort, LLC?
- Shangri-La Resort, LLC is owned by Eddy Gibbs, according to public sources such as the company's website or filings.
- How much revenue does Shangri-La Resort, LLC make?
- SeeBITDA estimates Shangri-La Resort, LLC's annual revenue at about $31.6M (likely between $20.8M and $36.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shangri-La Resort, LLC worth?
- About $55.4M, roughly 8.5× its estimated EBITDA of $6.5M, typical for a hotels & motels company its size. Likely range: $29.1M–$75.7M.
- How many employees does Shangri-La Resort, LLC have?
- About 155, as reported on its PPP loan.
- When was Shangri-La Resort, LLC founded?
- Shangri-La Resort, LLC has been in business since 2001.