Ricks Convenience Inc
How we got $629K
Based on its 32 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| RICKS CONVENIENCE INC this business | $3.0M | — |
| GRINGO'S MEXICAN RESTAURANT LLC Kingston · 4 employees | $638K | 0.7 mi |
| TONYA KNOWS LLC Kingston · 10 employees | $679K | 1.7 mi |
| Willie's Kingston | $1.7M | 2.4 mi |
| Enos Mall (Eatery & pizzeria) Kingston | $1.7M | 2.7 mi |
| Matas Lunchbox Kingston | $1.7M | 3.3 mi |
| OLLIES JUKE JOINT CAFE Kingston · 15 employees | $1.3M | 3.6 mi |
The full calculation
| Employees reported to the SBA | 32 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $299K |
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 | $629K |
| Multiple for this size and industry | 2.1× |
| Value range | $331K – $860K |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $197K – $341K |
| 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
History & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $130K | 32 |
About Ricks Convenience Inc
Ricks Convenience Inc is a restaurants company in Kingston, Oklahoma. Its estimated annual revenue is about $3.0M, with roughly $299K of EBITDA. It has about 32 employees. Its estimated business value is $629K (likely range $331K–$860K).
Common questions
- Who owns Ricks Convenience Inc?
- The owner of Ricks Convenience 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 Ricks Convenience Inc make?
- SeeBITDA estimates Ricks Convenience Inc's annual revenue at about $3.0M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ricks Convenience Inc worth?
- About $629K, roughly 2.1× its estimated EBITDA of $299K, typical for a restaurants company its size. Likely range: $331K–$860K.
- How many employees does Ricks Convenience Inc have?
- About 32, as reported on its PPP loan.