SeeBITDAOklahoma

Thawan Thai Cuisine LLC

  • 215 34th Ave SW, Norman, OK
  • Since 2020
Estimated valueMedium confidence
$173K
$91Klikely range$237K
About 1.8× its yearly profit, typical for a company this size in its industry.
Revenue
$882K
a year
Profit (EBITDA)
$96K
11% of revenue
Employees
6
reported in 2021
Owner not found yet
We haven't found the owner in public records

How we got $173K

Based on its 6 employees and its payroll, both reported for PPP in 2021 and brought up to date.

6 employees × $114K each$686K
PPP payroll ÷ payroll's usual share of revenue$873K
Shown toward the top of its range×1.14
Revenue$882K
× 11% profit margin$96K
× 1.8 sale multiple = value$173K

· Own this business? Correct these figures

What we know

PPP loan, 2021
No 401(k) filing
No reported financials
Company website
Owner not found

Estimated value over time

▲ 20% since 2021
$0$100K$199K20212026

Today'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

BusinessEst. revenueEst. profitDistance
THAWAN THAI CUISINE LLC
this business
$882K$96K—
Chelino's Mexican Restaurant
Norman
$1.7M$184K0.0 mi
Kebabish bites
Norman
$1.7M$184K0.0 mi
LAS CASUELAS, LLC
Norman · 19 employees
$2.6M$260K0.0 mi
McDonald's
Norman
$1.7M$184K0.1 mi
Paisley Café
Norman
$1.7M$184K0.1 mi
Olive Garden
Norman
$1.7M$184K0.1 mi

The full calculation

Employees reported to the SBA6
Revenue from headcount (employees × revenue per employee for companies this size)$686K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$873K
Estimate: the two combined (geometric mean)$882K
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$96K

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$173K
Multiple for this size and industry1.8×
Value range$91K – $237K
Revenue range$580K – $1.0M
EBITDA range$63K – $110K
Industry (NAICS)Full-Service Restaurants (722511)

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

  • BankingJPMorgan Chase Bank, National AssociationPPP / 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

JPMorgan Chase Bank, National Association
PPP 2021
All 993 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
3/12/2021first$25K$25K6JPMorgan Chase Bank, National Association

Public records

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

About Thawan Thai Cuisine LLC

Thawan Thai Cuisine LLC is a restaurants company in Norman, Oklahoma, in business since 2020. Its estimated annual revenue is about $882K, with roughly $96K of EBITDA. It has about 6 employees. Its estimated business value is $173K (likely range $91K–$237K).

Common questions

Who owns Thawan Thai Cuisine LLC?
The owner of Thawan Thai Cuisine 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 Thawan Thai Cuisine LLC make?
SeeBITDA estimates Thawan Thai Cuisine LLC's annual revenue at about $882K (likely between $580K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Thawan Thai Cuisine LLC worth?
About $173K, roughly 1.8× its estimated EBITDA of $96K, typical for a restaurants company its size. Likely range: $91K–$237K.
How many employees does Thawan Thai Cuisine LLC have?
About 6, as reported on its PPP loan.
When was Thawan Thai Cuisine LLC founded?
Thawan Thai Cuisine LLC has been in business since 2020.