Smitty's Garage- Summit Square, LLC
How we got $445K
Based on its 25 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| SMITTY'S GARAGE- SUMMIT SQUARE, LLC this business | $2.5M | — |
| SMITTYS GARAGE- SUMMIT SQUARE L.L.C. Tulsa · 18 employees | $2.5M | 0.0 mi |
| Compadres Mexican Grill Tulsa | $1.7M | 0.1 mi |
| Smitty's Garage Burgers & Beer Tulsa | $1.7M | 0.1 mi |
| Muhanna Sweets Tulsa | $1.7M | 0.1 mi |
| Marley's Chicago Style Pizzeria Tulsa | $1.7M | 0.1 mi |
| Flavors Restaurant Tulsa | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $2.5M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $247K |
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 | $445K |
| Multiple for this size and industry | 1.8× |
| Value range | $234K – $609K |
| Revenue range | $1.6M – $2.9M |
| EBITDA range | $163K – $282K |
| 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
- 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/9/2020 | first | $113K | 25 |
About Smitty's Garage- Summit Square, LLC
Smitty's Garage- Summit Square, LLC is a restaurants company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.5M, with roughly $247K of EBITDA. It has about 25 employees. Its estimated business value is $445K (likely range $234K–$609K).
Common questions
- Who owns Smitty's Garage- Summit Square, LLC?
- The owner of Smitty's Garage- Summit Square, 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 Smitty's Garage- Summit Square, LLC make?
- SeeBITDA estimates Smitty's Garage- Summit Square, LLC's annual revenue at about $2.5M (likely between $1.6M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smitty's Garage- Summit Square, LLC worth?
- About $445K, roughly 1.8× its estimated EBITDA of $247K, typical for a restaurants company its size. Likely range: $234K–$609K.
- How many employees does Smitty's Garage- Summit Square, LLC have?
- About 25, as reported on its PPP loan.