Checkered Flag
How we got $341K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 79 years (since 1947)
From public records and the company's website, not a statement that it's for sale.
What they do
Checkered Flag Tavern is a bar and dining venue in Indianapolis, IN, serving food, drinks, and live music in a 21 & over environment.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Checkered Flag this business | $1.4M | — |
| SONIC DRIVE-IN OF ADA LLC Ada · 43 employees | $4.1M | 0.0 mi |
| KENTUCKY FRIED CHICKEN OF OK INC Ada · 28 employees | $3.3M | 0.0 mi |
| SANDWICH KINGS, LLC Ada · 20 employees | $1.7M | 0.1 mi |
| GUO MING LLC Ada · 5 employees | $805K | 0.1 mi |
| Oscar Chinese Restaurant Ada | $1.7M | 0.2 mi |
| Perfect Blend Coffee House Ada | $1.7M | 0.3 mi |
The full calculation
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 | $341K |
| Multiple for this size and industry | 1.8× |
| Value range | $104K – $520K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Full-Service Restaurants businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (14%). Treat these as a rough guide.
| Revenue range | $526K – $1.7M |
| EBITDA range | $73K – $241K |
| 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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
“At Checkered Flag Tavern, located in the heart of Indianapolis, IN, we've been serving up a memorable dining experience since 1947.”
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 Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Checkered Flag
Checkered Flag is a restaurants company in Ada, Oklahoma, in business since 1947. Its estimated annual revenue is about $1.4M, with roughly $189K of EBITDA. Its estimated business value is $341K (likely range $104K–$520K).
Common questions
- Who owns Checkered Flag?
- The owner of Checkered Flag 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 Checkered Flag make?
- SeeBITDA estimates Checkered Flag's annual revenue at about $1.4M (likely between $526K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Checkered Flag worth?
- About $341K, roughly 1.8× its estimated EBITDA of $189K, typical for a restaurants company its size. Likely range: $104K–$520K.
- When was Checkered Flag founded?
- Checkered Flag has been in business since 1947.