Sonic Drive-in of Ardmore LLC
How we got $622K
Based on its 26 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.
What they do
Sonic Drive-In location at 2504 North Commerce in Ardmore, OK.
From the company's website. Industry: Restaurants.
Estimated value over time
▲ 29% 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 OF ARDMORE LLC this business | $3.0M | — |
| Ryan's Grill Buffet & Bakery Ardmore | $1.7M | 0.5 mi |
| Walmart Bakery Ardmore | $1.7M | 0.6 mi |
| Auntie Anne's Ardmore | $1.7M | 0.6 mi |
| Casey's Ardmore | $1.7M | 0.6 mi |
| Carl's Jr. Ardmore | $1.7M | 0.7 mi |
| ATWOOD MANAGEMENT CO. Ardmore · 2 employees | $345K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $296K |
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 | $622K |
| Multiple for this size and industry | 2.1× |
| Value range | $327K – $851K |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $195K – $338K |
| Industry (NAICS) | Limited-Service Restaurants (722513) |
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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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
| First National Bank and Trust Company of Ardmore PPP 2020 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $113K | 26 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sonic Drive-in of Ardmore LLC
Sonic Drive-in of Ardmore LLC is a restaurants company in Ardmore, Oklahoma, in business since 1996. Its estimated annual revenue is about $3.0M, with roughly $296K of EBITDA. It has about 26 employees. Its estimated business value is $622K (likely range $327K–$851K).
Common questions
- Who owns Sonic Drive-in of Ardmore LLC?
- The owner of Sonic Drive-in of Ardmore 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 Sonic Drive-in of Ardmore LLC make?
- SeeBITDA estimates Sonic Drive-in of Ardmore LLC's annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sonic Drive-in of Ardmore LLC worth?
- About $622K, roughly 2.1× its estimated EBITDA of $296K, typical for a restaurants company its size. Likely range: $327K–$851K.
- How many employees does Sonic Drive-in of Ardmore LLC have?
- About 26, as reported on its PPP loan.
- When was Sonic Drive-in of Ardmore LLC founded?
- Sonic Drive-in of Ardmore LLC has been in business since 1996.