Shiver Shack Shaved Ice, LLC
How we got $291K
Based on 10 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SHIVER SHACK SHAVED ICE, LLC this business | $1.1M | — |
| C2 CATERING, LLC Oklahoma City · 36 employees | $4.0M | 0.3 mi |
| HUNN Oklahoma City · 1 employees | $233K | 3.6 mi |
| GZINGZ LLC Oklahoma City · 1 employees | $233K | 3.8 mi |
| B&B CATERING Oklahoma City · 19 employees | $1.5M | 3.9 mi |
| SOULFUL CREATIONS INC. Oklahoma City · 16 employees | $1.3M | 3.9 mi |
| BRICKTOWN CATERING, LLC Oklahoma City · 7 employees | $1.2M | 4.1 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Industry revenue per employee | $69K |
| Revenue = employees × revenue per employee | $1.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $116K |
| Cross-check: revenue implied by PPP payroll | $171K |
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 | $291K |
| Multiple for this size and industry | 2.5× |
| Value range | $138K – $413K |
| Revenue range | $630K – $1.3M |
| EBITDA range | $69K – $138K |
| 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
- 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 Roles are as stated there and may be out of date.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 2020 | 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 |
|---|---|---|---|
| 4/29/2020 | first | $6K | 10 |
About Shiver Shack Shaved Ice, LLC
Shiver Shack Shaved Ice, LLC is a mobile food services company in Del City, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $116K of EBITDA. It has about 10 employees. Its estimated business value is $291K (likely range $138K–$413K).
Common questions
- Who owns Shiver Shack Shaved Ice, LLC?
- The owner of Shiver Shack Shaved Ice, LLC 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 Shiver Shack Shaved Ice, LLC make?
- SeeBITDA estimates Shiver Shack Shaved Ice, LLC's annual revenue at about $1.1M (likely between $630K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shiver Shack Shaved Ice, LLC worth?
- About $291K, roughly 2.5× its estimated EBITDA of $116K, typical for a mobile food services company its size. Likely range: $138K–$413K.
- How many employees does Shiver Shack Shaved Ice, LLC have?
- About 10, as reported on its PPP loan.