Landes Management, Inc.
How we got $638K
Based on its 37 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 |
|---|---|---|
| LANDES MANAGEMENT, INC. this business | $3.1M | — |
| The Hub Coffee Co. Guymon | $1.7M | 2.6 mi |
| Jack's Bar and Grill Guymon | $1.7M | 2.8 mi |
| URBAN BRU, LLC Guymon · 28 employees | $2.2M | 2.8 mi |
| Pizza Hut Guymon | $1.7M | 2.8 mi |
| O-Daddy's Brick Oven Sandwiches Guymon | $1.7M | 2.8 mi |
| Subway Guymon | $1.7M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 37 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $304K |
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 | $638K |
| Multiple for this size and industry | 2.1× |
| Value range | $335K – $872K |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $200K – $346K |
| 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
History & advisors
Advisors
- BankingPanhandle First 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 Roles are as stated there and may be out of date.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
| Panhandle First Bank PPP 2020, PPP 2021 | All 123 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $116K | 32 |
| 1/19/2021 | second | $162K | 37 |
About Landes Management, Inc.
Landes Management, Inc. is a restaurants company in Guymon, Oklahoma. Its estimated annual revenue is about $3.1M, with roughly $304K of EBITDA. It has about 37 employees. Its estimated business value is $638K (likely range $335K–$872K).
Common questions
- Who owns Landes Management, Inc.?
- The owner of Landes Management, 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 Landes Management, Inc. make?
- SeeBITDA estimates Landes Management, Inc.'s annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Landes Management, Inc. worth?
- About $638K, roughly 2.1× its estimated EBITDA of $304K, typical for a restaurants company its size. Likely range: $335K–$872K.
- How many employees does Landes Management, Inc. have?
- About 37, as reported on its PPP loan.