Sonic Drive in - Waurika, LLC
How we got $272K
Based on its 12 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 301 E Highway 70 in Waurika, OK, according to its store page. The page gives no further details about what it offers.
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 - WAURIKA, LLC this business | $1.4M | — |
| Casey's Waurika | $1.7M | 0.5 mi |
| CottonTop Feed Trough Waurika | $1.7M | 0.8 mi |
| Mason Jar Waurika | $1.7M | 1.1 mi |
| T&T Diner Waurika | $1.7M | 1.1 mi |
| Eagle Nutrition (Herbalife Nutrition Club) Waurika | $1.7M | 1.1 mi |
| Huckleberry Go Waurika | $1.7M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $151K |
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 | $272K |
| Multiple for this size and industry | 1.8× |
| Value range | $143K – $372K |
| Revenue range | $909K – $1.6M |
| EBITDA range | $99K – $172K |
| 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
- BankingFirst Liberty 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
| First Liberty Bank PPP 2020 | All 382 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 | $47K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sonic Drive in - Waurika, LLC
Sonic Drive in - Waurika, LLC is a restaurants company in Waurika, Oklahoma, in business since 1996. Its estimated annual revenue is about $1.4M, with roughly $151K of EBITDA. It has about 12 employees. Its estimated business value is $272K (likely range $143K–$372K).
Common questions
- Who owns Sonic Drive in - Waurika, LLC?
- The owner of Sonic Drive in - Waurika, 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 - Waurika, LLC make?
- SeeBITDA estimates Sonic Drive in - Waurika, LLC's annual revenue at about $1.4M (likely between $909K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sonic Drive in - Waurika, LLC worth?
- About $272K, roughly 1.8× its estimated EBITDA of $151K, typical for a restaurants company its size. Likely range: $143K–$372K.
- How many employees does Sonic Drive in - Waurika, LLC have?
- About 12, as reported on its PPP loan.
- When was Sonic Drive in - Waurika, LLC founded?
- Sonic Drive in - Waurika, LLC has been in business since 1996.