SeeBITDAOklahoma

The Meating Place

  • 121 East MAIN ST, Norman, OK
Estimated valueMedium confidence
$323K
$170Klikely range$442K
About 1.8× its yearly profit, typical for a company this size in its industry.
Revenue
$1.8M
a year
Profit (EBITDA)
$179K
10% of revenue
Employees
13
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $323K

Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.

13 employees × $90K each$1.2M
PPP payroll ÷ payroll's usual share of revenue$2.2M
Shown toward the top of its range×1.14
Revenue$1.8M
× 10% profit margin$179K
× 1.8 sale multiple = value$323K

· Own this business? Correct these figures

What we know

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

Estimated value over time

▲ 26% since 2020
$0$186K$372K20202026

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
THE MEATING PLACE
this business
$1.8M$179K—
SYRUP LLC
Norman · 45 employees
$2.6M$260K0.0 mi
Inkfire ramen tapas & bar
Norman
$1.7M$184K0.0 mi
Juliette Oyster Bar & Steakhouse
Norman
$1.7M$184K0.0 mi
JORDAN CAPITAL INVESTMENTS
Norman · 10 employees
$594K$65K0.1 mi
Apple Tree Chocolate
Norman
$1.7M$184K0.1 mi
BWITCHED INC.
Norman · 15 employees
$1.1M$126K0.1 mi

The full calculation

Employees reported to the SBA13
Revenue from headcount (employees × revenue per employee for companies this size)$1.2M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.2M
Estimate: the two combined (geometric mean)$1.8M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$179K

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$323K
Multiple for this size and industry1.8×
Value range$170K – $442K
Revenue range$1.2M – $2.1M
EBITDA range$118K – $205K
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

  • BankingFrazer Bank, Sovereign 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

Frazer Bank
PPP 2020
All 177 borrowers →
Sovereign Bank
PPP 2021
All 304 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$81K$82K6Frazer Bank
1/28/2021second$54K$54K13Sovereign Bank

About The Meating Place

The Meating Place is a restaurants company in Norman, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $179K of EBITDA. It has about 13 employees. Its estimated business value is $323K (likely range $170K–$442K).

Common questions

Who owns The Meating Place?
The owner of The Meating Place 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 Meating Place make?
SeeBITDA estimates The Meating Place's annual revenue at about $1.8M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is The Meating Place worth?
About $323K, roughly 1.8× its estimated EBITDA of $179K, typical for a restaurants company its size. Likely range: $170K–$442K.
How many employees does The Meating Place have?
About 13, as reported on its PPP loan.