Syrup LLC
How we got $547K
Based on its 45 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 26% 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 |
|---|---|---|
| SYRUP LLC this business | $2.6M | — |
| THE MEATING PLACE Norman · 13 employees | $1.8M | 0.0 mi |
| Inkfire ramen tapas & bar Norman | $1.7M | 0.0 mi |
| Juliette Oyster Bar & Steakhouse Norman | $1.7M | 0.0 mi |
| JORDAN CAPITAL INVESTMENTS Norman · 10 employees | $594K | 0.1 mi |
| Apple Tree Chocolate Norman | $1.7M | 0.1 mi |
| BWITCHED INC. Norman · 15 employees | $1.1M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 45 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $260K |
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 | $547K |
| Multiple for this size and industry | 2.1× |
| Value range | $288K – $748K |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $171K – $297K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
People & advisors
Advisors
- BankingBayFirst National 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 Roles are as stated there and may be out of date.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
| BayFirst National Bank PPP 2020, PPP 2021 | All 47 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $70K | 45 |
| 1/28/2021 | second | $185K | 41 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Syrup LLC
Syrup LLC is a restaurants company in Norman, Oklahoma, in business since 2011. Its estimated annual revenue is about $2.6M, with roughly $260K of EBITDA. It has about 45 employees. Its estimated business value is $547K (likely range $288K–$748K).
Common questions
- Who owns Syrup LLC?
- The owner of Syrup 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 Syrup LLC make?
- SeeBITDA estimates Syrup LLC's annual revenue at about $2.6M (likely between $1.7M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Syrup LLC worth?
- About $547K, roughly 2.1× its estimated EBITDA of $260K, typical for a restaurants company its size. Likely range: $288K–$748K.
- How many employees does Syrup LLC have?
- About 45, as reported on its PPP loan.
- When was Syrup LLC founded?
- Syrup LLC has been in business since 2011.