How we got $146K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| THE MERRET LLC this business | $601K | — |
| En Croûte Nichols Hills | $760K | 0.0 mi |
| Henry Hudsons Hideout Oklahoma City | $760K | 0.2 mi |
| KATDAMN Oklahoma City · 8 employees | $1.1M | 0.3 mi |
| Kat's Tavern Oklahoma City | $760K | 0.3 mi |
| 74 Sports Kitchen & Cocktails Oklahoma City | $760K | 0.6 mi |
| Puff Hookah Lounge Oklahoma City | $760K | 1.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $436K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $638K |
| Estimate: the two combined (geometric mean) | $601K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $77K |
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 | $146K |
| Multiple for this size and industry | 1.9× |
| Value range | $77K – $200K |
| Revenue range | $395K – $685K |
| EBITDA range | $51K – $88K |
| Industry (NAICS) | Drinking Places (Alcoholic Beverages) (722410) |
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
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 Roles are as stated there and may be out of date.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, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $21K | 5 |
| 1/29/2021 | second | $30K | 5 |
About The Merret LLC
The Merret LLC is a bars company in Nichols Hills, Oklahoma. Its estimated annual revenue is about $601K, with roughly $77K of EBITDA. It has about 5 employees. Its estimated business value is $146K (likely range $77K–$200K).
Common questions
- Who owns The Merret LLC?
- The owner of The Merret 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 Merret LLC make?
- SeeBITDA estimates The Merret LLC's annual revenue at about $601K (likely between $395K and $685K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Merret LLC worth?
- About $146K, roughly 1.9× its estimated EBITDA of $77K, typical for a bars company its size. Likely range: $77K–$200K.
- How many employees does The Merret LLC have?
- About 5, as reported on its PPP loan.