Pops, L.P.
How we got $414K
Based on its 27 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
Pops is a soda ranch on Historic Route 66 in Arcadia, Oklahoma, combining a diner, filling station and a selection of more than 700 soda flavors. It also sells Pops-branded clothing online.
From the company's website. Industry: Restaurants.
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 |
|---|---|---|
| POPS, L.P. this business | $2.6M | — |
| Fuzzy's Bar & Grill Arcadia | $990K | 0.7 mi |
| Blockman's Chophouse Arcadia | $990K | 0.7 mi |
| Chicken Shack Arcadia | $990K | 0.8 mi |
| Hebrews 12:2 Coffee Shop Arcadia | $990K | 0.8 mi |
| Arcadia Cafe & Bakery Arcadia | $990K | 0.8 mi |
| Subway Arcadia | $990K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $230K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 1% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $414K |
| Multiple for this size and industry | 1.8× |
| Value range | $249K – $646K |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $173K – $299K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
People & advisors
Advisors
- BankingWatermark 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
| Watermark Bank PPP 2020 | All 109 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 | $237K | 27 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Pops, L.P.
Pops, L.P. is a restaurants company in Arcadia, Oklahoma, in business since 2006. Its estimated annual revenue is about $2.6M, with roughly $230K of EBITDA. It has about 27 employees. Its estimated business value is $414K (likely range $249K–$646K).
Common questions
- Who owns Pops, L.P.?
- The owner of Pops, L.P. 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 Pops, L.P. make?
- SeeBITDA estimates Pops, L.P.'s annual revenue at about $2.6M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pops, L.P. worth?
- About $414K, roughly 1.8× its estimated EBITDA of $230K, typical for a restaurants company its size. Likely range: $249K–$646K.
- How many employees does Pops, L.P. have?
- About 27, as reported on its PPP loan.
- When was Pops, L.P. founded?
- Pops, L.P. has been in business since 2006.