Wheeler Eateries, Inc.
How we got $1.4M
Based on its 60 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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 |
|---|---|---|
| WHEELER EATERIES, INC. this business | $5.8M | — |
| Subway Calumet | $1.7M | 0.0 mi |
| Cherokee Restaurant Calumet | $1.7M | 0.0 mi |
| The Red Dirt Roadhouse Hinton | $1.7M | 6.3 mi |
| Subway Hinton | $1.7M | 6.4 mi |
| Chester's Chicken Hinton | $1.7M | 6.5 mi |
| Godfather's Pizza Express Hinton | $1.7M | 6.5 mi |
The full calculation
| Employees reported to the SBA | 60 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.2M |
| Estimate: the two combined (geometric mean) | $5.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $525K |
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 | $1.4M |
| Multiple for this size and industry | 2.6× |
| Value range | $718K – $1.9M |
| Revenue range | $3.8M – $6.6M |
| EBITDA range | $345K – $598K |
| Industry (NAICS) | Limited-Service Restaurants (722513) |
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
- BankingInterBankPPP / 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 Roles are as stated there and may be out of date.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
| InterBank PPP 2020, PPP 2021 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $183K | 58 |
| 3/10/2021 | second | $183K | 60 |
About Wheeler Eateries, Inc.
Wheeler Eateries, Inc. is a restaurants company in Calumet, Oklahoma. Its estimated annual revenue is about $5.8M, with roughly $525K of EBITDA. It has about 60 employees. Its estimated business value is $1.4M (likely range $718K–$1.9M).
Common questions
- Who owns Wheeler Eateries, Inc.?
- The owner of Wheeler Eateries, 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 Wheeler Eateries, Inc. make?
- SeeBITDA estimates Wheeler Eateries, Inc.'s annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wheeler Eateries, Inc. worth?
- About $1.4M, roughly 2.6× its estimated EBITDA of $525K, typical for a restaurants company its size. Likely range: $718K–$1.9M.
- How many employees does Wheeler Eateries, Inc. have?
- About 60, as reported on its PPP loan.