Sonic Drive in of Nowata LLC
How we got $591K
Based on its 34 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
▲ 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 NOWATA LLC this business | $2.9M | — |
| Rainey's Nowata | $1.7M | 0.2 mi |
| El Tapatio Nowata | $1.7M | 0.2 mi |
| Pizza Hut Nowata | $1.7M | 0.3 mi |
| MRRRC, LLC Nowata · 6 employees | $772K | 0.3 mi |
| Simple Simon's Pizza Nowata | $1.7M | 0.3 mi |
| Retro's Nowata | $1.7M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 34 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $282K |
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 | $591K |
| Multiple for this size and industry | 2.1× |
| Value range | $311K – $809K |
| Revenue range | $1.9M – $3.2M |
| EBITDA range | $185K – $321K |
| 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
- BankingCommunity Bank of Pleasant HillPPP / 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 Roles are as stated there and may be out of date.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
| Community Bank of Pleasant Hill PPP 2020 | All 2 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $78K | 34 |
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 Nowata LLC
Sonic Drive in of Nowata LLC is a restaurants company in Nowata, Oklahoma, in business since 1996. Its estimated annual revenue is about $2.9M, with roughly $282K of EBITDA. It has about 34 employees. Its estimated business value is $591K (likely range $311K–$809K).
Common questions
- Who owns Sonic Drive in of Nowata LLC?
- The owner of Sonic Drive in of Nowata 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 Nowata LLC make?
- SeeBITDA estimates Sonic Drive in of Nowata LLC's annual revenue at about $2.9M (likely between $1.9M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sonic Drive in of Nowata LLC worth?
- About $591K, roughly 2.1× its estimated EBITDA of $282K, typical for a restaurants company its size. Likely range: $311K–$809K.
- How many employees does Sonic Drive in of Nowata LLC have?
- About 34, as reported on its PPP loan.
- When was Sonic Drive in of Nowata LLC founded?
- Sonic Drive in of Nowata LLC has been in business since 1996.