Sonic Drive-In, 1900 South Meridian, a Limited Partnership
How we got $267K
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| SONIC DRIVE-IN, 1900 SOUTH MERIDIAN, A LIMITED PARTNERSHIP this business | $1.5M | — |
| Off The Hook Seafood South Oklahoma City | $1.7M | 0.0 mi |
| FROSTED MUG LLC Oklahoma City · 48 employees | $4.3M | 0.0 mi |
| The Mug Scratch Kitchen & Tavern Oklahoma City | $1.7M | 0.0 mi |
| Tony Roma's Oklahoma City | $1.7M | 0.1 mi |
| Charleston's Restaurant Oklahoma City | $1.7M | 0.1 mi |
| CHARLESTON'S OF MERIDIAN, INC. Oklahoma City · 63 employees | $7.4M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $148K |
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 | $267K |
| Multiple for this size and industry | 1.8× |
| Value range | $141K – $366K |
| Revenue range | $988K – $1.7M |
| EBITDA range | $98K – $169K |
| 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
- BankingSimmons 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
| Simmons Bank PPP 2020 | All 789 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 | $40K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sonic Drive-In, 1900 South Meridian, a Limited Partnership
Sonic Drive-In, 1900 South Meridian, a Limited Partnership is a restaurants company in Oklahoma City, Oklahoma, in business since 1996. Its estimated annual revenue is about $1.5M, with roughly $148K of EBITDA. It has about 18 employees. Its estimated business value is $267K (likely range $141K–$366K).
Common questions
- Who owns Sonic Drive-In, 1900 South Meridian, a Limited Partnership?
- The owner of Sonic Drive-In, 1900 South Meridian, a Limited Partnership 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 Sonic Drive-In, 1900 South Meridian, a Limited Partnership make?
- SeeBITDA estimates Sonic Drive-In, 1900 South Meridian, a Limited Partnership's annual revenue at about $1.5M (likely between $988K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sonic Drive-In, 1900 South Meridian, a Limited Partnership worth?
- About $267K, roughly 1.8× its estimated EBITDA of $148K, typical for a restaurants company its size. Likely range: $141K–$366K.
- How many employees does Sonic Drive-In, 1900 South Meridian, a Limited Partnership have?
- About 18, as reported on its PPP loan.
- When was Sonic Drive-In, 1900 South Meridian, a Limited Partnership founded?
- Sonic Drive-In, 1900 South Meridian, a Limited Partnership has been in business since 1996.