SeeBITDAOklahoma

The Rib Crib Bbq, Inc.

Estimated valueLow confidence
$12.8M
$6.1Mlikely range$18.2M
About 3.9× its yearly profit, typical for a company this size in its industry.
Revenue
$44.4M
a year
Profit (EBITDA)
$3.3M
7% of revenue
Employees
500
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $12.8M

Based on 500 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.

500 employees × $75K each$37.6M
Shown toward the top of its range×1.18
Revenue$44.4M
× 7% profit margin$3.3M
× 3.9 sale multiple = value$12.8M

· Own this business? Correct these figures

Estimated value over time

▲ 26% since 2020
$0$7.4M$14.7M202020212022202320242026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 86% since 2020
05001k2020202120222023202450072
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan500$30.0M$2.2M
2020Form 5500106$6.4M$469K
2021Form 550091$5.5M$402K
2022Form 550078$4.7M$345K
2023Form 550086$5.2M$380K
2024Form 550072$4.3M$318K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 29 years (since 1997)
  • Headcount down 32% since 2020 (retirement plan filings)

From public records and the company's website, not a statement that it's for sale.

What they do

RibCrib BBQ is a slow-smoked barbecue restaurant offering dine-in, pickup and delivery, described on the page as slow-smoked BBQ since '92.

Products & services
Slow-smoked BBQCateringGift Cards

From the company's website. Industry: Restaurants.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
THE RIB CRIB BBQ, INC.
this business
$44.4M$3.3M—
Chandler Hospitality Group
Tulsa
$1.3M$171K0.0 mi
Rjk Enterprises
Tulsa
$1.7M$184K0.1 mi
NYC PIZZA INC
Tulsa · 4 employees
$414K$53K0.4 mi
Mary Jane's Pizza
Tulsa
$1.7M$184K0.4 mi
McDonald's
Tulsa
$1.7M$184K0.4 mi
CASA TEQUILA LLC
Tulsa · 43 employees
$4.0M$362K0.5 mi

The full calculation

Employees reported to the SBA500
Industry revenue per employee$60K
Revenue = employees × revenue per employee$44.4M
EBITDA margin (industry, adjusted for size)7%
EBITDA = revenue × margin$3.3M
Cross-check: revenue implied by PPP payroll$141.0M

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$12.8M
Multiple for this size and industry3.9×
Value range$6.1M – $18.2M
Revenue range$26.3M – $52.6M
EBITDA range$1.9M – $3.9M
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

History & advisors

Advisors

  • BankingVast 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

Vast Bank, National Association
PPP 2020
All 359 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$6.3M$6.4M500Vast Bank, National Association

Public records

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

About The Rib Crib Bbq, Inc.

The Rib Crib Bbq, Inc. is a restaurants company in Tulsa, Oklahoma, in business since 1997. Its estimated annual revenue is about $44.4M, with roughly $3.3M of EBITDA. It has about 72 employees. Its estimated business value is $12.8M (likely range $6.1M–$18.2M).

Common questions

Who owns The Rib Crib Bbq, Inc.?
The owner of The Rib Crib Bbq, Inc. 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 Rib Crib Bbq, Inc. make?
SeeBITDA estimates The Rib Crib Bbq, Inc.'s annual revenue at about $44.4M (likely between $26.3M and $52.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is The Rib Crib Bbq, Inc. worth?
About $12.8M, roughly 3.9× its estimated EBITDA of $3.3M, typical for a restaurants company its size. Likely range: $6.1M–$18.2M.
How many employees does The Rib Crib Bbq, Inc. have?
About 72, from its 2024 retirement-plan filing.
When was The Rib Crib Bbq, Inc. founded?
The Rib Crib Bbq, Inc. has been in business since 1997.