Sonic Drive-in of Kingwood at Northpark Dr., Ltd.
How we got $660K
Based on its 40 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SONIC DRIVE-IN OF KINGWOOD AT NORTHPARK DR., LTD. this business | $3.2M | — |
| SONIC DRIVE-IN OF ADAMS-KEGLEY, LTD. Oklahoma City · 39 employees | $2.9M | 0.0 mi |
| SONIC DRIVE-IN OF BAGBY, LTD. Oklahoma City · 28 employees | $2.6M | 0.0 mi |
| SONIC DRIVE-IN OF BELLMEAD NO. 1, LTD. Oklahoma City · 25 employees | $2.2M | 0.0 mi |
| SONIC DRIVE-IN OF BELTON-439, LTD. Oklahoma City · 45 employees | $3.8M | 0.0 mi |
| SONIC DRIVE-IN OF CLEARCREEK-KILLEEN, LTD. Oklahoma City · 31 employees | $2.5M | 0.0 mi |
| SONIC DRIVE-IN OF COLLEGE PARD DRIVE Oklahoma City · 6 employees | $818K | 0.0 mi |
The full calculation
| Employees reported to the SBA | 40 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $314K |
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 | $660K |
| Multiple for this size and industry | 2.1× |
| Value range | $347K – $903K |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $207K – $358K |
| 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
History & advisors
Advisors
- BankingMidFirst 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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $82K | 40 |
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 Kingwood at Northpark Dr., Ltd.
Sonic Drive-in of Kingwood at Northpark Dr., Ltd. is a restaurants company in Oklahoma City, Oklahoma, in business since 1996. Its estimated annual revenue is about $3.2M, with roughly $314K of EBITDA. It has about 40 employees. Its estimated business value is $660K (likely range $347K–$903K).
Common questions
- Who owns Sonic Drive-in of Kingwood at Northpark Dr., Ltd.?
- The owner of Sonic Drive-in of Kingwood at Northpark Dr., Ltd. 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 Kingwood at Northpark Dr., Ltd. make?
- SeeBITDA estimates Sonic Drive-in of Kingwood at Northpark Dr., Ltd.'s annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sonic Drive-in of Kingwood at Northpark Dr., Ltd. worth?
- About $660K, roughly 2.1× its estimated EBITDA of $314K, typical for a restaurants company its size. Likely range: $347K–$903K.
- How many employees does Sonic Drive-in of Kingwood at Northpark Dr., Ltd. have?
- About 40, as reported on its PPP loan.
- When was Sonic Drive-in of Kingwood at Northpark Dr., Ltd. founded?
- Sonic Drive-in of Kingwood at Northpark Dr., Ltd. has been in business since 1996.