Turbo Nitro Inc
How we got $254K
Based on its 19 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 |
|---|---|---|
| TURBO NITRO INC this business | $1.4M | — |
| INNER CIRCLE BAR, LLC Tulsa · 5 employees | $454K | 0.2 mi |
| INNER CIRCLE MANAGEMENT GROUP LLC Tulsa · 2 employees | $358K | 0.2 mi |
| Soundpony Lounge Tulsa | $463K | 0.3 mi |
| LITTLEJOHN SPEEDBOYS, LLC DBA SOUNDPONY Tulsa · 13 employees | $711K | 0.3 mi |
| THE HUNT CLUB LLC Tulsa · 7 employees | $286K | 0.3 mi |
| Saturn Room Tulsa | $463K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $134K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 2% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $254K |
| Multiple for this size and industry | 1.9× |
| Value range | $153K – $397K |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $100K – $174K |
| Industry (NAICS) | Drinking Places (Alcoholic Beverages) (722410) |
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
- BankingJPMorgan Chase Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| JPMorgan Chase Bank, National Association PPP 2020, PPP 2021 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $80K | 14 |
| 3/1/2021 | second | $94K | 19 |
About Turbo Nitro Inc
Turbo Nitro Inc is a bars company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.4M, with roughly $134K of EBITDA. It has about 19 employees. Its estimated business value is $254K (likely range $153K–$397K).
Common questions
- Who owns Turbo Nitro Inc?
- The owner of Turbo Nitro 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 Turbo Nitro Inc make?
- SeeBITDA estimates Turbo Nitro Inc's annual revenue at about $1.4M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Turbo Nitro Inc worth?
- About $254K, roughly 1.9× its estimated EBITDA of $134K, typical for a bars company its size. Likely range: $153K–$397K.
- How many employees does Turbo Nitro Inc have?
- About 19, as reported on its PPP loan.