Abel Racing Inc.
How we got $476K
Based on 6 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 39% 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 |
|---|---|---|
| ABEL RACING INC. this business | $1.7M | — |
| Midwest City Collision Center Midwest City | $1.4M | 0.0 mi |
| Motocross Pro Factory Hoses Midwest City | $1.4M | 0.1 mi |
| Loud Pipe Performance Midwest City | $1.4M | 0.2 mi |
| Frost Auto Repair Midwest City | $1.4M | 0.2 mi |
| BMW CARWASH HOLDINGS Oklahoma City · 5 employees | $583K | 0.2 mi |
| BART THIESSEN Midwest City · 1 employees | $295K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Industry revenue per employee | $183K |
| Revenue = employees × revenue per employee | $1.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $207K |
| Cross-check: revenue implied by PPP payroll | $436K |
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 | $476K |
| Multiple for this size and industry | 2.3× |
| Value range | $225K – $676K |
| Revenue range | $982K – $2.0M |
| EBITDA range | $122K – $245K |
| Industry (NAICS) | Automotive Body, Paint, and Interior Repair and Maintenance (811121) |
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
- BankingSovereign 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 Roles are as stated there and may be out of date.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
| Sovereign Bank PPP 2020 | All 304 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $16K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Abel Racing Inc.
Abel Racing Inc. is an auto repair company in Oklahoma City, Oklahoma, in business since 2004. Its estimated annual revenue is about $1.7M, with roughly $207K of EBITDA. It has about 6 employees. Its estimated business value is $476K (likely range $225K–$676K).
Common questions
- Who owns Abel Racing Inc.?
- The owner of Abel Racing 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 Abel Racing Inc. make?
- SeeBITDA estimates Abel Racing Inc.'s annual revenue at about $1.7M (likely between $982K and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Abel Racing Inc. worth?
- About $476K, roughly 2.3× its estimated EBITDA of $207K, typical for a auto repair company its size. Likely range: $225K–$676K.
- How many employees does Abel Racing Inc. have?
- About 6, as reported on its PPP loan.
- When was Abel Racing Inc. founded?
- Abel Racing Inc. has been in business since 2004.