SeeBITDAOklahoma

Las Margaritas Mexican Restaurant Bar and Grill Inc

  • 615 8TH STREET, Elgin, OK
Estimated valueMedium confidence
$374K
$197Klikely range$512K
About 1.8× its yearly profit, typical for a company this size in its industry.
Revenue
$2.1M
a year
Profit (EBITDA)
$208K
10% of revenue
Employees
17
reported in 2021
Owner not found yet
We haven't found the owner in public records

How we got $374K

Based on its 17 employees and its payroll, both reported for PPP in 2021 and brought up to date.

17 employees × $90K each$1.5M
PPP payroll ÷ payroll's usual share of revenue$2.2M
Shown toward the top of its range×1.14
Revenue$2.1M
× 10% profit margin$208K
× 1.8 sale multiple = value$374K

· Own this business? Correct these figures

What we know

PPP loan, 2021
No 401(k) filing
No reported financials
Company website
Owner not found

What they do

Hacienda Las Margaritas Bar & Grill 2 is listed as a bar in Elgin, OK, offering takeout, dine-in and delivery service with a menu including comfort food, small plates, coffee and a kids' menu.

Products & services
Comfort foodSmall platesCoffeeKids' menuQuick biteTakeoutDine-inDelivery
Service area
Elgin, OK

From the company's website. Industry: Restaurants.

Estimated value over time

▲ 20% since 2021
$0$215K$430K20212026

Today'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

BusinessEst. revenueEst. profitDistance
LAS MARGARITAS MEXICAN RESTAURANT BAR AND GRILL INC
this business
$2.1M$208K—
TAWNA LOVE, LLC
Elgin · 14 employees
$883K$96K0.0 mi
Fat Boys Pizza
Elgin
$1.7M$184K0.1 mi
Pizza Express
Elgin
$1.7M$184K0.1 mi
Scooter's Coffee
Elgin
$1.7M$184K0.2 mi
Pizza Corral
Elgin
$1.7M$184K0.2 mi
Pizza Corral
Elgin
$1.7M$184K0.2 mi

The full calculation

Employees reported to the SBA17
Revenue from headcount (employees × revenue per employee for companies this size)$1.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.2M
Estimate: the two combined (geometric mean)$2.1M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$208K

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$374K
Multiple for this size and industry1.8×
Value range$197K – $512K
Revenue range$1.4M – $2.4M
EBITDA range$137K – $237K
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

  • BankingArvest 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

Arvest Bank
PPP 2021
All 5,114 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
2/26/2021second$117K$118K17Arvest Bank

Public records

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

About Las Margaritas Mexican Restaurant Bar and Grill Inc

Las Margaritas Mexican Restaurant Bar and Grill Inc is a restaurants company in Elgin, Oklahoma. Its estimated annual revenue is about $2.1M, with roughly $208K of EBITDA. It has about 17 employees. Its estimated business value is $374K (likely range $197K–$512K).

Common questions

Who owns Las Margaritas Mexican Restaurant Bar and Grill Inc?
The owner of Las Margaritas Mexican Restaurant Bar and Grill 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 Las Margaritas Mexican Restaurant Bar and Grill Inc make?
SeeBITDA estimates Las Margaritas Mexican Restaurant Bar and Grill Inc's annual revenue at about $2.1M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Las Margaritas Mexican Restaurant Bar and Grill Inc worth?
About $374K, roughly 1.8× its estimated EBITDA of $208K, typical for a restaurants company its size. Likely range: $197K–$512K.
How many employees does Las Margaritas Mexican Restaurant Bar and Grill Inc have?
About 17, as reported on its PPP loan.