SeeBITDAOklahoma

Acid Tank Leasing, LLC

Auto repair
Company websiteacidtankleasing.comFind on LinkedInSearch LinkedIn for this company
Estimated valueMedium confidence
$1.1M
$586Klikely range$1.5M
About 2.7× its yearly profit, typical for a company this size in its industry.
Revenue
$3.6M
a year
Profit (EBITDA)
$413K
11% of revenue
Employees
11
reported in 2020
Leadership
ANNA SUE LUCKINBILL
President · source · confirmed by 2 sources
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $1.1M

Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.

11 employees × $234K each$2.6M
PPP payroll ÷ payroll's usual share of revenue$3.9M
Shown toward the top of its range×1.14
Revenue$3.6M
× 11% profit margin$413K
× 2.7 sale multiple = value$1.1M

· Own this business? Correct these figures

Estimated value over time

▲ 43% since 2020
$0$641K$1.3M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • Family in the business (DENNIS LUCKINBILL, Manager)

From public records and the company's website, not a statement that it's for sale.

What they do

Acid Tank Leasing rents steel-lined acid tanks and sells and delivers hydrochloric (HCl) acid, mainly for the oilfield and other industries.

Products & services
Acid tank rentalsTank FeaturesPatented Rinse SystemScrubber TankPoly TankSteel Lined TanksFrac Tank RentalsAcid tank liningAcid storage tank designTransport, delivery
Markets served
oilfieldindustriesFracking
Service area
NationwidePermianOdessaMidlandBig SpringTexasOklahoma

From the company's website. Industry: Auto repair.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Oil & gas

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
ACID TANK LEASING, LLC
this business
$3.6M$413K—
S.C. JONES DETAIL LLC
Enid · 1 employees
$197K$32K0.1 mi
ELITE TRUCK & TRAILER SERVICES, LL
Enid · 2 employees
$535K$86K0.2 mi
BUDS ENGINE REPAIR LLC
Enid · 3 employees
$1.1M$159K0.2 mi
Tri-state Supply Inc.
Enid
$1.4M$189K0.3 mi
Kwik and Klean Car Wash
Enid
$1.4M$189K0.3 mi
RIDGWAY INVESTMENTS
Enid · 1 employees
$480K$78K0.8 mi

The full calculation

Employees reported to the SBA11
Revenue from headcount (employees × revenue per employee for companies this size)$2.6M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$3.9M
Estimate: the two combined (geometric mean)$3.6M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$413K

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$1.1M
Multiple for this size and industry2.7×
Value range$586K – $1.5M
Revenue range$2.4M – $4.1M
EBITDA range$272K – $471K
Industry (NAICS)All Other Automotive Repair and Maintenance (811198)

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. 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

  • BankingStride 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

Stride Bank, National Association
PPP 2020, PPP 2021
All 504 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/3/2020first$124K$126K11Stride Bank, National Association
1/23/2021second$143K$144K11Stride Bank, National Association

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Acid Tank Leasing, LLC

Acid Tank Leasing, LLC is an auto repair company in Enid, Oklahoma, in business since 2014. It is owned by ANNA SUE LUCKINBILL (President). Its estimated annual revenue is about $3.6M, with roughly $413K of EBITDA. It has about 11 employees. Its estimated business value is $1.1M (likely range $586K–$1.5M).

Common questions

Who owns Acid Tank Leasing, LLC?
Acid Tank Leasing, LLC is owned by ANNA SUE LUCKINBILL (President), according to public sources such as the company's website or filings.
How much revenue does Acid Tank Leasing, LLC make?
SeeBITDA estimates Acid Tank Leasing, LLC's annual revenue at about $3.6M (likely between $2.4M and $4.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Acid Tank Leasing, LLC worth?
About $1.1M, roughly 2.7× its estimated EBITDA of $413K, typical for a auto repair company its size. Likely range: $586K–$1.5M.
How many employees does Acid Tank Leasing, LLC have?
About 11, as reported on its PPP loan.
When was Acid Tank Leasing, LLC founded?
Acid Tank Leasing, LLC has been in business since 2014.