SeeBITDAOklahoma

Supermercados Morelos, LLC

Supermarkets and Other Grocery Retailers (except Convenience Retailers)
  • 4606 SGARNETT RD Ste 303, Tulsa, OK
  • Since 2003
  • Family-owned
  • NAICS 445110
Estimated valueMedium confidence
$1.6M
$818Klikely range$2.1M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$9.6M
a year
Profit (EBITDA)
$518K
5% of revenue
Employees
18
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale
  • Annabella Garcia
    Signs company filings · Form 5500 (2025)

How we got $1.6M

Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.

18 employees × $353K each$6.3M
PPP payroll ÷ payroll's usual share of revenue$11.1M
Shown toward the top of its range×1.14
Revenue$9.6M
× 5% profit margin$518K
× 3 sale multiple = value$1.6M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 23 years (since 2003)
  • Headcount down 42% since 2023 (retirement plan filings)

From public records and the company's website, not a statement that it's for sale.

What they do

Supermercados Morelos is a Latin supermarket chain with multiple locations in Oklahoma, offering fresh meats, tortillas, a taqueria and Latin grocery products at competitive prices.

Products & services
Meat Marketfresh, high-quality meatsfresh tortillastostadasPAN flourTaqueriatacos, burritos, tortasquality latin products
Service area
Broken ArrowWarr AcresMooreOklahoma CityTulsa

From the company's website. Industry: Supermarkets and Other Grocery Retailers (except Convenience Retailers).

Estimated value over time

▲ 33% since 2020
$0$1.4M$2.7M202020222023202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 0% since 2020
02550202020222023202420251818
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan18$4.9M$265K
2022Form 550029$7.9M$428K
2023Form 550031$8.5M$457K
2024Form 550023$6.3M$339K
2025Form 550018$4.9M$265K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
SUPERMERCADOS MORELOS, LLC
this business
$9.6M$518K—
JUST DOUGH IT, LLC
Tulsa · 5 employees
$2.2M$147K1.5 mi
CashSaver Cost Plus Food Outlet - Tulsa, OK
Tulsa
$3.0M$199K1.6 mi
La Cosecha Supermercado Tulsa
Tulsa
$3.0M$199K1.6 mi
MEJIA & ASOCIADOS INC
Tulsa · 5 employees
$2.4M$161K1.7 mi
Supermercado Don Quijote
Tulsa
$3.0M$199K1.8 mi
NEW SEOUL MARKET
Tulsa · 2 employees
$1.2M$86K1.8 mi

The full calculation

Employees reported to the SBA18
Revenue from headcount (employees × revenue per employee for companies this size)$6.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$11.1M
Estimate: the two combined (geometric mean)$9.6M
EBITDA margin (industry, adjusted for size)5%
EBITDA = revenue × margin$518K

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$1.6M
Multiple for this size and industry3×
Value range$818K – $2.1M
Revenue range$6.3M – $10.9M
EBITDA range$341K – $591K
Industry (NAICS)Supermarkets and Other Grocery Retailers (except Convenience Retailers) (445110)

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

Founded 2003Family-owned
“Grupo Morelos carries the legacy of its founders: The Ibarra Family, who immigrated to the United States in search of better opportunities.”

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/14/2020first$133K$135K18BancFirst

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Supermercados Morelos, LLC

Supermercados Morelos, LLC is a family-owned supermarkets and other grocery retailers (except convenience retailers) company in Tulsa, Oklahoma, in business since 2003. Its estimated annual revenue is about $9.6M, with roughly $518K of EBITDA. It has about 18 employees. Its estimated business value is $1.6M (likely range $818K–$2.1M).

Common questions

Who owns Supermercados Morelos, LLC?
The owner of Supermercados Morelos, 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 Supermercados Morelos, LLC make?
SeeBITDA estimates Supermercados Morelos, LLC's annual revenue at about $9.6M (likely between $6.3M and $10.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Supermercados Morelos, LLC worth?
About $1.6M, roughly 3× its estimated EBITDA of $518K, typical for a supermarkets and other grocery retailers (except convenience retailers) company its size. Likely range: $818K–$2.1M.
How many employees does Supermercados Morelos, LLC have?
About 18, from its 2025 retirement-plan filing.
When was Supermercados Morelos, LLC founded?
Supermercados Morelos, LLC has been in business since 2003.