SeeBITDAOklahoma

Nite Lite

  • 1263 Lane St, Alva, OK
  • Since 2024
Estimated valueLow confidence
$185K
$82Klikely range$278K
About 1.9× its yearly profit, typical for a company this size in its industry.
Revenue
$760K
a year
Profit (EBITDA)
$97K
13% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records

How we got $185K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical bars business in Oklahoma$760K
Revenue$760K
× 13% profit margin$97K
× 1.9 sale multiple = value$185K

· Own this business? Correct these figures

What we know

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

What they do

Nite Lite is a venue in Alva, OK that hosts events, including DJ nights and live music, and offers private events.

Products & services
Private Events
Service area
Alva, OK

From the company's website. Industry: Bars.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Nite Lite
this business
$760K$97K—
The Office Bar
Alva
$760K$97K1.1 mi
Waynoka Sandbar
Waynoka
$760K$97K19.4 mi
Cimarron Saloon
Freedom
$760K$97K25.8 mi
Cleo Bar
Cleo Springs
$760K$97K29.1 mi
The Farm at Goltry
Goltry
$760K$97K32.9 mi
CHILL'S BAR & GRILL LLC
Fairview · 4 employees
$668K$85K36.5 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$185K
Multiple for this size and industry1.9×
Value range$82K – $278K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Drinking Places (Alcoholic Beverages) businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.

Revenue range$423K – $952K
EBITDA range$54K – $122K
Industry (NAICS)Drinking Places (Alcoholic Beverages) (7224)

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

Public records

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

About Nite Lite

Nite Lite is a bars company in Alva, Oklahoma, in business since 2024. Its estimated annual revenue is about $760K, with roughly $97K of EBITDA. Its estimated business value is $185K (likely range $82K–$278K).

Common questions

Who owns Nite Lite?
The owner of Nite Lite 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 Nite Lite make?
SeeBITDA estimates Nite Lite's annual revenue at about $760K (likely between $423K and $952K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Nite Lite worth?
About $185K, roughly 1.9× its estimated EBITDA of $97K, typical for a bars company its size. Likely range: $82K–$278K.
When was Nite Lite founded?
Nite Lite has been in business since 2024.