Worlund & Worlund Restaurant Systems, Inc.
How we got $3.6M
Based on its 184 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.
Employees over time
▼ 64% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 184 | $11.0M |
| 2022 | Form 5500 | 31 | $1.9M |
| 2023 | Form 5500 | 23 | $1.4M |
| 2024 | Form 5500 | 66 | $4.0M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WORLUND & WORLUND RESTAURANT SYSTEMS, INC. this business | $15.1M | — |
| HARRISON ST BAR-B-Q, L.L.C. Shawnee · 21 employees | $1.8M | 0.4 mi |
| Van's Pig Stands Shawnee | $1.7M | 0.4 mi |
| Degraff's Restaurant and Tavern Shawnee | $1.7M | 0.5 mi |
| CAZADOREZ MEXICAN RESTAURANT, LLC Shawnee · 32 employees | $3.1M | 0.5 mi |
| Tapatio Mexican Restaurant Shawnee | $1.7M | 0.6 mi |
| The Snow Shak Shawnee | $1.7M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 184 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.9M |
| Estimate: the two combined (geometric mean) | $15.1M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.1M |
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 | $3.6M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.9M – $4.9M |
| Revenue range | $10.0M – $17.3M |
| EBITDA range | $735K – $1.3M |
| 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
- 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 | $485K | 184 |
| 1/23/2021 | second | $679K | 180 |
About Worlund & Worlund Restaurant Systems, Inc.
Worlund & Worlund Restaurant Systems, Inc. is a restaurants company in Shawnee, Oklahoma. Its estimated annual revenue is about $15.1M, with roughly $1.1M of EBITDA. It has about 66 employees. Its estimated business value is $3.6M (likely range $1.9M–$4.9M).
Common questions
- Who owns Worlund & Worlund Restaurant Systems, Inc.?
- The owner of Worlund & Worlund Restaurant Systems, 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 Worlund & Worlund Restaurant Systems, Inc. make?
- SeeBITDA estimates Worlund & Worlund Restaurant Systems, Inc.'s annual revenue at about $15.1M (likely between $10.0M and $17.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Worlund & Worlund Restaurant Systems, Inc. worth?
- About $3.6M, roughly 3.2× its estimated EBITDA of $1.1M, typical for a restaurants company its size. Likely range: $1.9M–$4.9M.
- How many employees does Worlund & Worlund Restaurant Systems, Inc. have?
- About 66, from its 2024 retirement-plan filing.