The Hip, LLC
How we got $139K
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 17% 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 |
|---|---|---|
| THE HIP, LLC this business | $799K | — |
| KARSTENS BAGEL Norman · 19 employees | $2.1M | 2.8 mi |
| THE CANDY BASKET LLC Norman · 5 employees | $817K | 2.8 mi |
| GRAY OWL COFFEE, LLC Norman · 13 employees | $2.6M | 3.3 mi |
| EL NATURAL LLC Norman · 36 employees | $4.8M | 3.8 mi |
| KWAN NUNG CORPORATION DBA NEWCASTLE DONUTS & BAKERY Newcastle · 2 employees | $430K | 5.8 mi |
| OKLAHOMA GOURMET POPCORN, LLC Moore · 8 employees | $1.4M | 6.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $183K |
| Revenue = employees × revenue per employee | $799K |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $69K |
| Cross-check: revenue implied by PPP payroll | $2.4M |
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 | $139K |
| Multiple for this size and industry | 2× |
| Value range | $66K – $197K |
| Revenue range | $472K – $945K |
| EBITDA range | $41K – $82K |
| Industry (NAICS) | Other Specialty Food Retailers (445299) |
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
- BankingGreat Plains 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2020 | All 1,112 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 | $34K | 2 |
About The Hip, LLC
The Hip, LLC is an other specialty food retailers company in Norman, Oklahoma. Its estimated annual revenue is about $799K, with roughly $69K of EBITDA. It has about 2 employees. Its estimated business value is $139K (likely range $66K–$197K).
Common questions
- Who owns The Hip, LLC?
- The owner of The Hip, 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 The Hip, LLC make?
- SeeBITDA estimates The Hip, LLC's annual revenue at about $799K (likely between $472K and $945K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Hip, LLC worth?
- About $139K, roughly 2× its estimated EBITDA of $69K, typical for a other specialty food retailers company its size. Likely range: $66K–$197K.
- How many employees does The Hip, LLC have?
- About 2, as reported on its PPP loan.