Xpress Frozen Drinks, L.L.C.
How we got $433K
Based on its 23 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
▼ 78% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 23 | $1.4M |
| 2022 | Form 5500 | 6 | $360K |
| 2023 | Form 5500 | 5 | $300K |
| 2024 | Form 5500 | 6 | $360K |
| 2025 | Form 5500 | 5 | $300K |
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 |
|---|---|---|
| XPRESS FROZEN DRINKS, L.L.C. this business | $2.4M | — |
| LILSAM LLC Tulsa · 4 employees | $690K | 0.1 mi |
| Blue Boys Soul Food Truck Tulsa | $1.7M | 0.2 mi |
| Waffle That Tulsa | $1.7M | 0.4 mi |
| Whitetails for Dummies Tulsa | $1.7M | 0.4 mi |
| CABINBROKER.com Tulsa | $1.7M | 0.4 mi |
| Jimbo's smokn Grill Tulsa | $1.7M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $241K |
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 | $433K |
| Multiple for this size and industry | 1.8× |
| Value range | $228K – $592K |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $158K – $274K |
| 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
- BankingSecurity Bank, Grand 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
| Grand Bank PPP 2021 | All 407 borrowers → |
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $117K | 11 |
| 4/28/2021 | second | $149K | 23 |
About Xpress Frozen Drinks, L.L.C.
Xpress Frozen Drinks, L.L.C. is a restaurants company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $241K of EBITDA. It has about 5 employees. Its estimated business value is $433K (likely range $228K–$592K).
Common questions
- Who owns Xpress Frozen Drinks, L.L.C.?
- The owner of Xpress Frozen Drinks, L.L.C. 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 Xpress Frozen Drinks, L.L.C. make?
- SeeBITDA estimates Xpress Frozen Drinks, L.L.C.'s annual revenue at about $2.4M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Xpress Frozen Drinks, L.L.C. worth?
- About $433K, roughly 1.8× its estimated EBITDA of $241K, typical for a restaurants company its size. Likely range: $228K–$592K.
- How many employees does Xpress Frozen Drinks, L.L.C. have?
- About 5, from its 2025 retirement-plan filing.