Spartan Burgers Inc
How we got $2.6M
Based on 12 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 31% 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 |
|---|---|---|
| SPARTAN BURGERS INC this business | $3.0M | — |
| Spartan Family Dentistry Bixby | $1.9M | 0.0 mi |
| BIXBY SPARTAN DENTAL PLLC Bixby · 10 employees | $1.5M | 0.0 mi |
| Henry Orthodontics Bixby | $3.7M | 0.6 mi |
| Innovations Dentistry Bixby | $1.9M | 0.6 mi |
| BRUSH DENTISTRY Bixby · 9 employees | $1.7M | 0.6 mi |
| Floss Boss Pediatric Dentistry Bixby | $1.9M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Industry revenue per employee | $158K |
| Revenue = employees × revenue per employee | $3.0M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $576K |
| Cross-check: revenue implied by PPP payroll | $725K |
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 | $2.6M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.2M – $3.7M |
| Revenue range | $1.7M – $3.5M |
| EBITDA range | $341K – $681K |
| Industry (NAICS) | Offices of Dentists (621210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $33K | 12 |
About Spartan Burgers Inc
Spartan Burgers Inc is a dentists company in Bixby, Oklahoma. Its estimated annual revenue is about $3.0M, with roughly $576K of EBITDA. It has about 12 employees. Its estimated business value is $2.6M (likely range $1.2M–$3.7M).
Common questions
- Who owns Spartan Burgers Inc?
- The owner of Spartan Burgers Inc 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 Spartan Burgers Inc make?
- SeeBITDA estimates Spartan Burgers Inc's annual revenue at about $3.0M (likely between $1.7M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spartan Burgers Inc worth?
- About $2.6M, roughly 4.5× its estimated EBITDA of $576K, typical for a dentists company its size. Likely range: $1.2M–$3.7M.
- How many employees does Spartan Burgers Inc have?
- About 12, as reported on its PPP loan.