Abs Golf Cars, Inc.
How we got $5.0M
Based on its 9 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 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 50% 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 |
|---|---|---|
| ABS GOLF CARS, INC. this business | $3.0M | — |
| MID-CONTINENT TRUCK SALES Norman · 16 employees | $8.3M | 6.2 mi |
| AMERICA AUTO RENTAL & SALES LLC Oklahoma City · 3 employees | $1.3M | 18.7 mi |
| COAST TO COAST RENT-A-CAR, LLC Oklahoma City · 6 employees | $2.9M | 20.5 mi |
| OKC SPORTS AND IMPORT LEASING LLC Oklahoma City · 1 employees | $1.1M | 22.0 mi |
| TAG OKC INC Oklahoma City · 23 employees | $8.9M | 22.5 mi |
| OK TRUCK SALES INC Oklahoma City · 6 employees | $2.8M | 23.2 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 37% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.0M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.6M – $6.8M |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $730K – $1.3M |
| Industry (NAICS) | Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing (532120) |
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
- BankingArmstrong 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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $31K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Abs Golf Cars, Inc.
Abs Golf Cars, Inc. is a truck, utility trailer, and rv (recreational vehicle) rental and leasing company in Noble, Oklahoma, in business since 2003. Its estimated annual revenue is about $3.0M, with roughly $1.1M of EBITDA. It has about 9 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.8M).
Common questions
- Who owns Abs Golf Cars, Inc.?
- The owner of Abs Golf Cars, 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 Abs Golf Cars, Inc. make?
- SeeBITDA estimates Abs Golf Cars, Inc.'s annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Abs Golf Cars, Inc. worth?
- About $5.0M, roughly 4.5× its estimated EBITDA of $1.1M, typical for a truck, utility trailer, and rv (recreational vehicle) rental and leasing company its size. Likely range: $2.6M–$6.8M.
- How many employees does Abs Golf Cars, Inc. have?
- About 9, as reported on its PPP loan.
- When was Abs Golf Cars, Inc. founded?
- Abs Golf Cars, Inc. has been in business since 2003.