Ned's Starlite Lounge, LLC
How we got $333K
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NED'S STARLITE LOUNGE, LLC this business | $1.8M | — |
| Buthion Fine Food and Wine Shop Oklahoma City | $757K | 0.3 mi |
| Dive Shop Oklahoma City | $757K | 0.3 mi |
| Sean Cummings Irish Pub Oklahoma City | $757K | 0.4 mi |
| MMR Prime Steakhouse Oklahoma City | $757K | 0.8 mi |
| S&B's Burger Joint 5929 N May ave Oklahoma City, ok 73112 Oklahoma City | $757K | 1.1 mi |
| Daiquiri Island Okc Oklahoma City | $757K | 1.1 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $175K |
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 | $333K |
| Multiple for this size and industry | 1.9× |
| Value range | $175K – $456K |
| Revenue range | $1.2M – $2.0M |
| EBITDA range | $115K – $200K |
| Industry (NAICS) | Drinking Places (Alcoholic Beverages) (722410) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBank 7PPP / 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 Roles are as stated there and may be out of date.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
| Bank 7 PPP 2020, PPP 2021 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $93K | 11 |
| 1/19/2021 | second | $137K | 13 |
About Ned's Starlite Lounge, LLC
Ned's Starlite Lounge, LLC is a bars company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $175K of EBITDA. It has about 13 employees. Its estimated business value is $333K (likely range $175K–$456K).
Common questions
- Who owns Ned's Starlite Lounge, LLC?
- The owner of Ned's Starlite Lounge, LLC 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 Ned's Starlite Lounge, LLC make?
- SeeBITDA estimates Ned's Starlite Lounge, LLC's annual revenue at about $1.8M (likely between $1.2M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ned's Starlite Lounge, LLC worth?
- About $333K, roughly 1.9× its estimated EBITDA of $175K, typical for a bars company its size. Likely range: $175K–$456K.
- How many employees does Ned's Starlite Lounge, LLC have?
- About 13, as reported on its PPP loan.