Sonic Drive-in of Spring-Louetta Road, Ltd.
How we got $531K
Based on its 32 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 SPRING-LOUETTA ROAD, LTD. this business | $2.6M | — |
| 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 | 32 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $253K |
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 | $531K |
| Multiple for this size and industry | 2.1× |
| Value range | $279K – $727K |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $166K – $288K |
| 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 | $67K | 32 |
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 Spring-Louetta Road, Ltd.
Sonic Drive-in of Spring-Louetta Road, Ltd. is a restaurants company in Oklahoma City, Oklahoma, in business since 1996. Its estimated annual revenue is about $2.6M, with roughly $253K of EBITDA. It has about 32 employees. Its estimated business value is $531K (likely range $279K–$727K).
Common questions
- Who owns Sonic Drive-in of Spring-Louetta Road, Ltd.?
- The owner of Sonic Drive-in of Spring-Louetta Road, 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 Spring-Louetta Road, Ltd. make?
- SeeBITDA estimates Sonic Drive-in of Spring-Louetta Road, Ltd.'s annual revenue at about $2.6M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sonic Drive-in of Spring-Louetta Road, Ltd. worth?
- About $531K, roughly 2.1× its estimated EBITDA of $253K, typical for a restaurants company its size. Likely range: $279K–$727K.
- How many employees does Sonic Drive-in of Spring-Louetta Road, Ltd. have?
- About 32, as reported on its PPP loan.
- When was Sonic Drive-in of Spring-Louetta Road, Ltd. founded?
- Sonic Drive-in of Spring-Louetta Road, Ltd. has been in business since 1996.